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Oil prices today

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Why WTI Crude Oil Prices Are Soaring Today

wti crude oil prices

Another day, another country speaking out about the OPEC meeting.

WTI crude oil prices saw gains today after an OPEC country renewed hopes that there will be an output freeze at the upcoming meeting.

But there's a bigger reason why prices are up today - and why they'll keep moving higher in 2016...

Why Crude Oil Prices Today Fell Below $37

crude oil prices today

There's uncertainty brewing over this upcoming OPEC meeting, and it's dragging down crude oil prices today.

In particular, Saudi Arabia is skeptical due to Iran's reluctance to participate in the output freeze.

This is because Saudi Arabia is dealing with a $608 billion problem...

Why the WTI Crude Oil Price Is Having Its Best Month in a Year

wti crude oil price

Despite today's losses, the WTI crude oil price is on track for its biggest monthly gain since April 2015.

With crude oil prices finally seeing growth, now is the best time to invest in this oil stock.

But before we discuss this pick, here's the main reason why prices are having a record month...

Why the WTI Crude Oil Price Is Climbing Today – March 2016

wti crude oil price

The WTI crude oil price rallied higher today as investors remain hopeful ahead of next month's output freeze meeting.

But one OPEC country refuses to take part in next month's summit.

And according to Moors, this country now singlehandedly controls the future of oil prices...

Why the WTI Crude Oil Price Is Down Today – 3/14/16

wti crude oil price

Iran is OPEC's black sheep, and the WTI crude oil price isn't responding well to its revolt.

Prices fell after Iran stated it wouldn't join the effort to freeze production and raise prices.

But there are two consequences of this low price climate that will offer a number of long-term opportunities...

Why WTI Crude Oil Prices Are Down Today – 3/10/16

wti crude oil prices

The world's largest oil producers are getting cold feet, and West Texas Intermediate (WTI) crude oil prices are feeling it.

Prices are falling on news that a meeting among OPEC and non-OPEC producers is unlikely to happen.

But that doesn't mean you can't profit from oil's 2016 turnaround...

Why the WTI Crude Oil Price Today Hit a 2016 High

wti crude oil price

After one of the most volatile starts to a year ever, the WTI crude oil price seems to have finally stabilized.

Oil prices today were bolstered by statements from the UAE energy minister and the declining U.S. rig count.

And there are three ways to profit from oil's long-term rebound in 2016...

Why the WTI Crude Oil Price Is Up Today – March 2016

wti crude oil price

The WTI crude oil price saw its second straight session of gains today after several producers announced production cuts across Oklahoma and Texas.

Today's gains mark the beginning of a sustained long-term rise in prices.

And there are four types of oil stocks that will offer nice returns in the meantime...

Why the WTI Crude Oil Price Is Up Today – February 2016

The WTI crude oil price hit a three-week high today thanks to a new IEA report and a declining rig count.

Despite today's gains, oil prices are actually much lower than they should be.

In fact, there's one factor manipulating the price by deflating it below the actual market value of oil...

Why the WTI Crude Oil Price Is Up Today – January 2016

wti crude oil price

The WTI crude oil price today broke above $31 for the first time in two days thanks to a rally in Chinese markets.

China’s performance today gave investors hope that demand will keep growing for the largest oil buyer in the world.

Here’s what you need to know about today’s significant price movement…

WTI Crude Oil Price Today Drops 5.6% to 12-Year Low

wti crude oil price

The WTI crude oil price fell to 12-year lows after China’s stock market saw another miserable trading session.

Oil continues to suffer from China’s volatility, which includes another 5.3% drop in the Shanghai Composite.

But there’s another international event also shaking up the oil market…

Start Preparing for a Saudi Aramco IPO in 2016

saudi aramco ipo

The most valuable - and secretive - company in the world is considering going public.

According to The Economist, a Saudi Aramco IPO is being considered by the Saudi Arabian government.

And there's one important reason why Saudi Arabia is racing to launch the IPO in 2016...

Crude Oil Prices Drop Another 3% Today as Panic Continues

crude oil prices

Crude oil prices fell below $33 for the first time since 2003 as China's stock market crash continues to drive investors out of the energy sector.

Both U.S. and international prices cratered after China suffered its shortest trading day ever.

Here's everything you need to know about today's movement...

WTI Crude Oil Price Today Down on Middle East Conflict News

wti oil prices

The WTI crude oil price today fell as tensions come to a head between Saudi Arabia and Iran.

The conflict between the two OPEC members sparked worry among oil investors as many sold their positions to prepare for unpredictability in the region.

And there are three matters you'll want to watch as these events pressure the oil market for the foreseeable future...

Why WTI Crude Oil Prices Fell Nearly 4% Today

oil prices

West Texas Intermediate (WTI) crude oil prices fell today after the EIA reported a weekly increase in domestic oil supply.

Despite supply being at an 80-year high, there has been a clear contraction in U.S. oil operations.

Here's how this phenomenon is priming U.S. producers for a great year in 2016...