WTI crude oil prices surged today after the U.S. Federal Reserve decided to keep interest rates unchanged.
Despite today's gains, oil prices still have a long way to go as companies continue to drown in debt.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
WTI crude oil prices surged today after the U.S. Federal Reserve decided to keep interest rates unchanged.
Despite today's gains, oil prices still have a long way to go as companies continue to drown in debt.
But there's a certain type of company you can profit from during this low price environment...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
WTI crude oil prices surged today after the U.S. Federal Reserve decided to keep interest rates unchanged.
Despite today's gains, oil prices still have a long way to go as companies continue to drown in debt.
But there's a certain type of company you can profit from during this low price environment...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
WTI crude oil prices today headed 0.6% lower as the international benchmark falls deeper into a two-week slump.
The decline in oil prices today comes before the start of the U.S. Federal Reserve meeting.
But there's a bigger geopolitical event that could have long-term effects on oil's movement...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
There's a bombshell new development in the Iran nuclear deal.
The Associated Press reported that Iran will be permitted to use its own experts to inspect Parchin, one of the country's most suspicious testing facilities.
Here's a breakdown of the news and how it will affect oil prices...
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke -
An Iran nuclear deal, 20 months of negotiations in the making, was finally reached July 14.
Under the agreement, Iran would gain relief from harsh Western economic sanctions in exchange for limits on its nuclear activities, which would be allowed to continue for peaceful purposes.
We say "would" and not "will" with good reason -- several hurdles remain that could prevent the Iran nuclear deal from ever going into effect.
Here's a step-by-step look at what's ahead...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Oil prices continued their six-week long descent today as futures keep selling off after the Iran nuclear deal last month.
But the big question is: Could oil prices increase when the Iran nuclear deal goes into effect?
Here's a breakdown of the deal and how it will affect oil over the long term...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Crude oil futures surprisingly surged higher today after Iranian negotiations finally culminated in a landmark nuclear deal.
The deal allows Iran to start exporting more oil, which analysts worry will flood the already oversupplied market.
But there's one fundamental reason why prices won't dip lower...