wti crude oil price today

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The Biggest Reason the Price of Crude Oil Is Still Climbing

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - April 11, 2016
The price of crude oil is finally back above $40 thanks to one report last week that indicates supply is falling.
The EIA reported that U.S. inventories declined by 4.9 million barrels.
And while many banks think this decline won't continue, there's one emerging trend that says otherwise...

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The Biggest Reason the Price of Crude Oil Is Still Climbing

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - April 11, 2016

The price of crude oil is finally back above $40 thanks to one report last week that indicates supply is falling.

The EIA reported that U.S. inventories declined by 4.9 million barrels.

And while many banks think this decline won't continue, there's one emerging trend that says otherwise...

Why WTI Crude Oil Prices Are Soaring Today

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - April 6, 2016

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

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - April 4, 2016

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

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - March 28, 2016

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

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - March 21, 2016

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

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - March 14, 2016

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 the WTI Crude Oil Price Today Hit a 2016 High

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - March 7, 2016

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

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - March 1, 2016

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

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - February 22, 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...

WTI Crude Oil Falls Today Following Lifted Sanctions

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - January 18, 2016

WTI crude oil continued its month-long spiral today in response to the lifting of Iran's economic sanctions over the weekend.

Despite the ongoing oil "crunch," investors shouldn't run away from the energy sector just yet.

Here are some ways you can make money from today's oil price movement...

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

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - January 14, 2016

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

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - January 11, 2016

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…

WTI Crude Oil Price Today Down on Middle East Conflict News

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - January 4, 2016

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...

WTI Crude Oil Price Today Drops Below $41 After IEA Supply Report

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - November 13, 2015

The WTI crude oil price today fell 2.8% after the International Energy Agency (IEA) released a startling report on global oil supply.

The agency said inventories held by the 34 countries in the OECD stood near 3 billion barrels in September.

Here's how you can play the volatile oil market...

Oil Prices Today Could See Biggest Weekly Rise Since 2009

By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 - October 9, 2015

Oil prices today (Friday) moved higher on yesterday's FOMC minutes and the ongoing Syrian conflict.

Today's rise puts prices on track for the biggest weekly gain in more than six years.

Here's everything you need to know about where prices are moving today...

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