Yes, the crude oil price is in the midst of a massive rebound.
But the gains over the last two months have come from a large volume of bearish bets.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Yes, the crude oil price is in the midst of a massive rebound.
But the gains over the last two months have come from a large volume of bearish bets.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Yes, the crude oil price is in the midst of a massive rebound.
But the gains over the last two months have come from a large volume of bearish bets.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
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.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
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...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Anticipation of next month's OPEC meeting has been building, and it's showing in the recent oil price rally.
News of the meeting has put oil prices on track for their best month in almost a year.
But one country is refusing to attend, and it has investors worried that prices will fall again...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
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...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
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...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Fed Chair Janet Yellen's seemingly harmless interest rate decision is sending the U.S. crude oil price soaring.
Crude oil prices always shoot higher when the Federal Reserve leaves rates unchanged.
But there are two other fundamental factors that will lift oil prices over the long term...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
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.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
The world's largest oil producers are getting cold feet, and West Texas Intermediate (WTI) crude oil prices are feeling it.
Prices are falling on news that a meeting among OPEC and non-OPEC producers is unlikely to happen.
But that doesn't mean you can't profit from oil's 2016 turnaround...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Oil prices have gone through one of the worst oil crashes in modern history.
But we believe oil prices will more than double their current value by 2017.
Watch this video to find out what's going to fuel this historic rebound in oil prices...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
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...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Thanks to some bullish comments from the IEA, the price of crude oil today just hit its highest level in over a month.
But that's not the only reason why oil will rally over the long term.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
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...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
Oil prices are down 46.6% over the last year thanks to the global supply glut.
But Money Morning Global Energy Strategist Dr. Kent Moors says prices will stabilize in 2016.
And this chart displays one trend that will make that happen this year...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
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.