wt oil prices

WTI Crude Oil Prices Slide on Bearish Goldman Sachs Forecast

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - September 11, 2015

WTI crude oil prices slumped today after the release of a new Goldman Sachs Group Inc. (NYSE: GS) price forecast.

The Wall Street bank cut its 2016 estimate for WTI prices, citing OPEC production and slow demand.

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - September 8, 2015

WTI crude oil prices today fell deeper into negative territory following a weak trading report in China.

China's imports and exports fell significantly in August, marking the second consecutive monthly decline.

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - September 2, 2015

Crude oil prices today fell below $44 a barrel in response to a new weekly inventory report from the EIA.

Despite the oversupplied oil market, there are still plenty of ways to profit from the energy sector.

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - August 31, 2015

WTI crude oil prices skyrocketed today amid EIA's bullish supply report and OPEC's worries over low oil prices.

The U.S. benchmark settled at its highest level since July 21.