Stephen Simpson: The world still largely runs on crude oil, and that ever-present demand coupled with erratic shifts in supply, makes it a volatile, liquid, and popular instrument for investors, traders, and speculators alike. Savvy individuals have always had the option Read more…
NYSE:BNO, NYSE:DBO, NYSE:DNO, NYSE:USL, NYSE:USO, OIL
Chris Ciovacco: It’s easy and comfortable to join the bullish Treasury club and the mob currently bearish on the euro. Despite the hopes of the masses, it may be very uncomfortable to learn contrarian analysis, bailout progress in Europe and numerous Read more…
NYSE:DBO, NYSE:JJC, NYSE:TBT, NYSE:XME
Chris Ciovacco: With a slowing economy and over-supply concerns, crude oil dropped 30% from its February 2012 high to the recent low. An out of favor market often needs an external catalyst to attract the attention of investors. News out of Iran this week may Read more…
NYSE:DBO, NYSE:USO, OIH
Michael Johnston: For investors seeking to gain exposure to energy prices–whether natural gas, crude oil, or anything in between–exchange-traded products have become popular tools to use. The widespread availability, superior transparency, Read more…
NYSE:DBO, NYSE:UCO, NYSE:UGA, NYSE:UHN, NYSE:UNG, NYSE:USO
Sean Brodrick: OPEC is meeting today in Vienna. And boy, does this group have a lot to talk about. That’s because the price of U.S.-benchmark West Texas Intermediate crude is down about 25% since hitting a 10-month high of $110.55 a barrel back in March. Read more…
NYSE:DBO, NYSE:SCO, NYSE:UCO, NYSE:USO, NYSE:XLE
Larry D. Spears: Crude oil prices have been hammered of late. The cost of oil fell 21.8% between May 1 and June 1 – from $106.50 to $83.23 a barrel – the sharpest monthly drop since December 2008. Read more…
NYSE:DBO, NYSE:SCO, NYSE:UCO, NYSE:USO, NYSE:XLE
Thomas Carreno: The Direxion Energy Bull 3X Shares ETF (NYSEARCA:ERX) looks like it is almost done completing an important bullish butterfly pattern. If the pattern is valid then we should see price showing final bottom action right now between the 30.06 and 34.42 range. Read more…
NYSE:DBO, NYSE:ERX, NYSE:ERY, NYSE:USO
Larry D. Spears: Forecasts for oil prices in the second half of 2012 and on into 2013 are varied, but there’s one point on which virtually all agree: Oil prices won’t be going down. Read more…
NYSE:DBO, NYSE:ERX, NYSE:ERY, NYSE:USO, NYSE:XLE
In case all the turmoil in Europe has distracted you, here’s an important reminder as we wind down the month: Crude oil was at $105 a barrel at the start of May. Today it’s trading below $90, more than $15 — or 14% — lower. Crude oil is literally a tick away from Read more…
NYSE:DBO, NYSE:DNO, NYSE:USO
Sy Harding: Consumers understandably like to see prices for commodities decline, the more the merrier, particularly gasoline (NYSEARCA:UGA) and energy costs (NYSEARCA:XLE). Read more…
NYSE:DBO, NYSE:DUG, NYSE:UGA, NYSE:USO, NYSE:XLE
Michael Johnston: Energy has long been a popular destination for all types of investors, ranging from smaller individuals to sophisticated billion dollar hedge funds. It wasn’t that long ago that the strategies for investing in energy were relatively simple and straightforward: buy ExxonMobil (NYSE:XOM). But thanks Read more…
NYSE:BNO, NYSE:DBO, NYSE:FCG, NYSE:UNG, NYSE:XLE, NYSE:XOP
Jared Woodard: Probably. First, some context. Here’s the one-month volatility risk premium in the U.S. Oil Fund (NYSEARCA:USO) options since 2007. Read more…
NYSE:DBO, NYSE:USO, NYSE:XES, NYSE:XLE, OIL
Jason Simpkins: With oil prices (NYSEARCA:USO) soaring ever higher, Saudi Arabia stepped in last week and vowed to increase its production by 25% if necessary. But while that assurance managed to siphon a few dollars off of oil futures, the reality is there’s nothing Saudi Arabia – or anyone else, for that Read more…
NYSE:DBO, NYSE:USO, NYSE:XES, NYSE:XOP, OIL
James Stafford: As the world economy teeters on the brink and rising oil prices threaten to de-rail the delicate roots of recovery Oilprice.com asked legendary investor Dr. Marc Faber to join us and give his views on high gasoline prices, the shale boom, alternative energy, developments in the Middle Read more…
NYSE:DBO, NYSE:UGA, NYSE:UNG, NYSE:USO, NYSE:XLE
Richard Rittorno: WTI crude oil has been back on the rebound after traders received the U.S. API report reflecting the largest inventory drawdown in seven weeks. Money flowing back out of the U.S. dollar as a safe haven also helps to send WTI higher.On days like this, traders in any market have to take Read more…
NYSE:DBO, NYSE:ERX, NYSE:ERY, NYSE:USO, NYSE:XLE
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