The WTI crude oil price continued its three-month-long decline today on poor economic data from Japan and new price forecasts from Morgan Stanley.
Despite today's fall, there are still some easy ways to profit from the oil sector's turmoil.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
The WTI crude oil price continued its three-month-long decline today on poor economic data from Japan and new price forecasts from Morgan Stanley.
Despite today's fall, there are still some easy ways to profit from the oil sector's turmoil.
Here are the three best ways to play today's oil price drop...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
The WTI crude oil price continued its three-month-long decline today on poor economic data from Japan and new price forecasts from Morgan Stanley.
Despite today's fall, there are still some easy ways to profit from the oil sector's turmoil.
Here are the three best ways to play today's oil price drop...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
The WTI crude oil price today fell to a six-year low in the wake of China's decision to devalue its yuan this morning.
Although China touts it as a reform measure, the devaluation raises concerns that the nation's government is panicking.
Here's everything you need to know about today's movements...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
The WTI crude oil price today is on track to close under $50 for the first time in four months amid bearish sentiment from inventory data and the Iran nuclear deal.
Yesterday, WTI closed at $50.91, the lowest settlement since March 19.
Here's a breakdown of why oil prices are still declining today...