The price of crude oil struggled to stay above the $30 mark today as Big Oil firms report weak earnings and hopes of a production cut from OPEC fade.
But there are five reasons why investors shouldn’t avoid the energy sector in 2016.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
The price of crude oil struggled to stay above the $30 mark today as Big Oil firms report weak earnings and hopes of a production cut from OPEC fade.
But there are five reasons why investors shouldn’t avoid the energy sector in 2016.
First, here's what you need to know about oil's movement today...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
The price of crude oil struggled to stay above the $30 mark today as Big Oil firms report weak earnings and hopes of a production cut from OPEC fade.
But there are five reasons why investors shouldn’t avoid the energy sector in 2016.
First, here's what you need to know about oil's movement today...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
How much is a barrel of oil, 3/19/2015: Oil futures fell back today after swinging sharply higher yesterday in response to the Fed's interest rates announcement.
But there's one fundamental force that will move prices toward $70 a barrel in 2015.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
What is the price of oil today: Oil prices hovered around their lowest levels in six years today (Monday) as investors disregarded OPEC's forecast that U.S. output will halve by the end of 2015.