Corey Rosenbloom: Oil put in a stellar upside performance from October to present, and now faces yet another “Resistance Challenge” (it’s passed the others so far) into the $100 price resistance confluence. Read more…
NYSE:ERX, NYSE:ERY, OIH, UCO, USO
Chris Vermeulen: Crude oil was THE commodity to trade back in 2007-2008 when prices rocketed above $145 per barrel then dropped like a rock all the way back down to $35 per barrel leaving many investors and traders either greatly rewarded or dead broke. Read more…
NYSE:ERX, NYSE:ERY, OIH, SCO, USO
Justice Litle: A new report from the International Atomic Energy Agency contains unsettling accusations — and increases the odds of a crude oil spike to $200 per barrel. Read more…
NYSE:ERX, NYSE:ERY, OIH, UCO, USO
Corey Rosenbloom: Stocks and Crude Oil performed well in October, breaking critical weekly (and of course daily) resistance levels to shift the dynamic to the buyers. Read more…
NYSE:ERX, NYSE:ERY, OIH, UCO, USO
Chris Martenson: Exponential debt increases coupled with limited natural resources mean that we are in a predicament. This is the message The Crash Course Author Chris Martenson delivered at the Casey Research/Sprott Inc. summit, “When Money Dies.” As an economic researcher, Chris considers the Read more…
NYSE:ERX, NYSE:ERY, OIH, UCO, USO
Jared Cummans: The recent performance from crude oil has caught a number of investors’ eyes, as the fossil fuel has surged in the past week to break through the $90/barrel level. In fact, since opening around $86 per barrel on October 20th, crude jumped roughly 8.1% as of market close Tuesday. Read more…
NYSE:ERX, NYSE:ERY, USO
Todd Shriber: Earlier this year, I wrote about contango, the commodities market situation where longer-dated futures contracts are trading above the current spot price. This can happen with any commodity under the sun, but in most cases, I’d bet that investors know a little something about contango as Read more…
NYSE:ERX, NYSE:ERY, USO, XOP
Chris Vermeulen: How to trade oil (NYSE:USO) is not an easy thing to do in today’s headline driven market. Even the best oil analysis which may have been correct will still be wrong at times. This is due to the fact that oil has many factors which play into its price. Things likes like extreme weather conditions Read more…
NYSE:ERX, NYSE:ERY, OIH, UCO, USO
Corey Rosenbloom: What’s going on with Crude Oil at the moment?
Let’s take a look at the Daily Read more…
NYSE:ERX, NYSE:ERY, OIH, UCO, USO
Zig Lambo: Despite the risks and unfavorable public opinion associated with offshore drilling, the truth remains that the keys to unlock the planet’s vast remaining oil resources lie beneath ocean floors, in places like the Gulf of Mexico, Brazil and even the Arctic. In this exclusive interview with The Energy Report Read more…
NYSE:ERX, NYSE:ERY, OIH, UCO, USO
Kent Moors: As I met with the Polish officials last Friday in Krakow to begin government sessions on shale gas policy, and European Union (EU) ministers met in the southwestern city of Wrocław, Poland, thoughts turned once again to oil (NYSE:USO) pricing. Read more…
NYSE:ERX, NYSE:ERY, OIH, UCO, USO
Kevin Kerr: The world keeps turning, and the resources keep getting used up. It’s really quite simple. Despite that fact, the “experts” continue the debates over Peak Oil, and for that matter, peak food, and peak everything else! That’s about as sensible as rearranging deck chairs on the Titanic. Read more…
NYSE:ERX, NYSE:ERY, USO
Corey Rosenbloom: In general, crude oil prices are closely following stock prices, including the recent rally into confluence resistance. Read more…
NYSE:ERX, NYSE:ERY, UCO, USO
After a promising start stocks closed near session lows and snapped a four day winning streak. All five major indices closed in the red with the small-cap Russell 2000 (NYSE:IWM) leading the decline as it ended down 2.4%. The S&P MidCap 400 slid 1.5% while the Nasdaq (NASDAQ:QQQ) dropped Read more…
NYSE:ERY, NYSE:EWW
EconMatters: It has become quite apparent that major changes are necessary in the oil futures market after the latest year of volatility which had little relation to the actual fundamentals of supply and demand in the marketplace. Read more…
NYSE:ERX, NYSE:ERY, OIH, UCO
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