Oil Prices: Why West Texas Intermediate (WTI) Is A Short
EconMatters: The Cushing Myth: “Going along with ‘drill, drill, drill’ is now ‘ship, ship, ship,’ ” said John Kilduff, energy analyst with Again Capital.” The bottleneck has been addressed in Cushing...
View ArticleThe Oil Market Is Out of Touch With The Fundamentals
EconMatters: WTI is Tracking S&P 500 last Month: It is obvious that the oil market is out of touch with the fundamentals of a sluggish global macro-economic picture, and surging domestic and...
View ArticleWhat The Economy Is Telling Me About Oil Prices
George Leong: Oil prices (NYSEARCA:USO) continue to edge higher on the chart, and that’s pushing the cost of gasoline (NYSEARCA:UGA) higher at the pumps.(...)Read the rest of What The Economy Is...
View ArticleThe Short-Term Outlook For Oil ETFs Isn’t Good
Oil production in America is booming, especially after the discovery of shale oil in regions of North Dakota and Texas. The development of these resources is now beginning to have a huge impact on the...
View ArticleCrude Oil: Double Top or Just a Pause?
Przemyslaw Radomski, CFA: Since my previous essay the short-term situation in light crude has improved. The second half of last week was very good for the oil bulls. U.S. crude oil prices climbed up...
View ArticleProfit From Rising Oil Prices With This ETF
Moe Zulfiqar: Not too long ago, the per-barrel price of oil was hovering close to $85.00. Now, a few months later, it trades above $107.00; this is an increase of roughly 25% in a fairly short period...
View ArticleWhere Do Oil Prices Go From Here?
Garrett Baldwin: There’s been movement in crude oil prices in 2013 that investors should be watching… Global oil prices diverged yesterday (Tuesday) as market factors both in the U.S. and abroad...
View ArticleMarket Moves To Make Before The U.S. Attacks Syria
William Patalon III: Oil prices have been surging on fears that the Obama administration is planning to punish Syria for using chemical weapons against its own people. But the real question is whether...
View ArticleWhy Oil Prices Aren’t Going Anywhere If Syria Stabilizes
George Leong: For those of you who think oil prices will continue to steadily rise, you may want to pause and rethink that. The reality is that the price of oil, which in our case means West Texas...
View ArticleOil Update: Oil’s Relationship With Oil Stocks and Gold
Nadia Simmons: In our previous Oil Update we examined major factors, which previously fueled the price of light crude. Before we move on to the technical part of our Oil Update, let’s take a closer...
View ArticleOil Prices, Syria, And The Probability Of A Price Shock
J.W. Jones: Oil prices have been in the spotlight as the Syrian chemical weapons crisis became front and center in the media. As the political process has unfolded, price volatility in oil futures in...
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