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Private Briefing
with WILLIAM PATALON III, Executive Editor

Wednesday's Scary Middle East Missile Saga Bolsters The Case For This Stock

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Oil Prices

US OIL FUND ETF
NYSE: USO
Mar 07
loading chart...
  • Last price
    36.78
    Prev Close
    36.57
  • Change
    0.21
    % Change
    0.6%
  • Open
    36.66
    Volume
    2,217,800
  • Day Low
    36.63
    Day High
    36.91
  • Bid
    36.78
    Ask
    36.77
  • 52 Wk Low
    31.01
    52 Wk High
    39.36
  • Market Cap
    19,675
    Exchange
    NYSE
Today 5d 1m 3m 1y 5y 10y

  • Oil Prices

  • Make This Oil Move Immediately
    Energy Investing3
    • By , Global Energy Strategist, Oil & Energy Investor  -   September 18, 2013

    From the Editor: In yesterday's members-only message, you got a rare look at Kent's track record and why he averages 55% on every recommendation. Today, Kent recommends a short-term move, based on the latest developments in Syria...

    Damascus may have dodged a bullet (or a cruise missile), but nothing else has changed very much. Not in terms of risk.

    That explains why the "Syrian Premium" remains. It may be slightly reduced, as you'll see. But it is likely to stay with us even after the threat of a military solution has been averted.


    At least for now...
  • How Gold, Oil, and Syria Really Mix… Plus "3 Strikes Against Apple"
    Q&A3
    • By , Chief Investment Strategist, Money Map Report  -   September 13, 2013

    The markets are very complicated at the moment, which is why now's an ideal time to reach into the Money Morning Mailbag and address your concerns.

    The goal here is simple: To provide understandable, actionable, and, of course, profitable answers to your thoughtful and extremely insightful questions.

    To continue reading, please click here...


  • Oil Forecast: The "Syrian Premium" Is Not Temporary
    Energy Investing
    • By , Global Energy Strategist, Oil & Energy Investor  -   September 12, 2013

    By an apparent agreement to place its chemical weapons under international control, Syria seems to have dodged an imminent American military attack.

    Yet even as the world takes a step back from the brink, three critical questions still remain:

    To continue reading, please click here...


  • How to Play Oil Prices Today
    Energy Investing
    • Money Morning Staff Report - September 11th, 2013  ·   PrintPrint  |   Email

    Money Morning Global Energy Strategist Dr. Kent Moors appeared on FOX Business this week to discuss the effects of the Syrian crisis on oil prices today.

    The first question is whether oil prices will continue to go up, and if they do, for how long? Moors defines the forces involved and predicts the path of future movements in oil prices.

    To continue reading, please click here...


  • There's Only One Thing About Syria That Matters to Americans
    Top News7
    • By , Capital Wave Strategist, Money Morning  -   September 8, 2013

    Let's talk about Syria and how what's happening there is affecting the markets.

    I see oil rising to two-year highs. I see gold rising to three-month highs. Let's see, what else is being affected? Oh, that would be nothing.

    And today we find out that, with a touch of some levers somewhere, U.S. GDP growth wasn't really 1.7% in the second quarter, it was really 2.5%.

    Let's talk about the GDP growth revision and how that's affecting the markets.

    I see oil coming off its Syria-inspired spike and gold giving up some recent gains. Let's see, what else is being affected? Oh, that would be nothing. Well, maybe bonds just a bit.

    To continue reading, please click here...


  • How to Play the 'Syrian Premium' in Oil Prices
    Energy Investing
    • By , Global Energy Strategist, Oil & Energy Investor  -   September 6, 2013

    There's an uneasy lull in the Syrian crisis.

    Now that the Obama administration has decided to seek Congressional approval for a Syrian strike, we are in a hazy period before some major decisions are made.

    And while a Senate committee has approved a military move against Syria, further action will be slow to come. Congress is officially on recess until Monday.

    To continue reading, please click here...


  • How to Find the Best Investments in Shale Oil
    Energy Investing
    • By , Contributing Writer, Money Morning  -   September 3, 2013

    With the shocking potential of the shale oil boom finally starting to sink in, the only real challenge left is finding the best investments in this exciting slice of the energy industry.

    Let's start the hunt by looking at where oil production is accelerating the most.

    To continue reading, please click here...


  • How Syria Affects Oil Prices Today
    Top News

    As U.S. military personnel prepare for possible action against Syria, Brent oil prices are hovering near an 18-month high.

    On Thursday, Brent oil prices retreated slightly, but remained elevated, after starting the day above $116 a barrel. Prices for West Texas Intermediate (WTI) also retreated by a little more than 1%, closing the day at $108.80.

    Brent prices have climbed steadily following escalations across Egypt and the ousting of President Mohamed Morsi.

    Meanwhile, in the United States, improved infrastructure and greater network access have fueled WTI prices to near par with Brent this month.

    But Brent prices have spiked this week following news that the West may intervene in Syria, where a chemical attack was allegedly launched against civilians.

    Despite warnings from Russia and China, it remains unclear whether the United States will intervene. However, any action is likely to set off a chain reaction across the Middle East and could affect trade within the region, especially on oil shipments.

    Here are the details on how Syria affects oil prices, what that means for you - and how to profit.

    To continue reading, please click here...


  • Jim Rogers on Why Oil and Gold Are Headed "Much Higher"
    Top News
    • By , Contributing Writer, Money Morning  -   August 28, 2013

    Legendary commodity investor Jim Rogers sees some serious problems stemming from the situation in Syria and the end of the Fed's generous flow of money.

    In an interview with Reuters on Tuesday, Rogers said "oil and gold will go much, much higher" due to a "market panic."

    "I own oil, I own gold, I own things like that and if there is going to be a war, and it sounds like America is desperate to have a war, they're going to go much, much higher," Rogers said. "Stocks are going to go down, some of the markets that I'm sure are already going down, commodities are going to go up. I'm not particularly keen on war, I assure you, but it sounds like they want it."

    Rogers continued, "No matter how well the plans are made, strange things happen in war and who knows what unintended consequence will come."

    Equities have been hit hard over worries of a war with Syria. The rout started late Monday following comments from U.S. Secretary of State John Kerry that the United States has a moral obligation to act on Syria's chemical weapon attacks. Selling picked up steam Tuesday with the Dow plunging 170 points.

    To continue reading, please click here...