Simon Watkins: Crude oil prices (NYSEArca:USO) briefly hit over $121 a barrel in trading today as Iran halted exports to Britain and France ahead of an EU embargo, alongside optimism over the Read more…
NYSE:BNO, USO, XLE
Jared Cummans: After peaking above $100/barrel last month, crude oil endured a bit of a slide the mid $90s, but its momentum seems to have shifted. After a big day yesterday, February has seen crude futures begin to make their way back up, much to the delight of many investors. For the trailing weeks, Read more…
NYSE:BNO, USO
Simon Watkins: Crude oil on NYMEX continues to trade near its lowest level since December 22 as U.S. crude stockpiles increase on slack domestic economic growth, with yesterday’s U.S. Read more…
NYSE:BNO, NYSE:ERX, NYSE:ERY, USO
Keith Fitz-Gerald: The way I see it, U.S. and European energy traders will be lucky if the door doesn’t hit them in the backsides as everybody heads for the doors. Like so many Western investors, they still have their blinders on. Read more…
MES, NYSE:BNO, USO
Simon Watkins: Crude oil prices took on a soft tone throughout most of yesterday, with Brent (NYSEARCA:BNO) breaking down through its key $111 support level, but those losses have already been recouped today. Read more…
NYSE:BNO, USO
Oil prices have traded off a few dollars from their recent highs. The factors that will keep Brent above $100 a barrel for 2012 are the same ones that kept it above $100 all of last year. Take a look at the graph below, courtesy of the Read more…
NYSE:BNO, NYSE:DBO, OIL, USO
Crude prices are fundamentally based on supply and demand. Raise the supply or lower demand, and prices retreat. The opposite also holds true. Oil tankers can take up to one and a half miles to come to a stop, and up to 10 miles to make a u-turn. That’s a long time at the speed of an Read more…
NYSE:BNO, NYSE:DNO, OIH, OIL, USO
Jared Cummans: As we enter the home stretch of 2011, many investors are taking the time to look back on a hectic year to re-evaluate their underlying holdings and put themselves in the best position for 2012. As far as commodities are concerned, it was a pretty rough year. Though the first few months Read more…
IAU, NYSE:BNO, NYSE:DBS, NYSE:GSC, UBC
Jared Cummans: It’s no secret that most commodities had a rough 2011; even top performers like gold have not been without their blips. So when it comes time to examine your portfolio for the coming year, choosing the right commodity can be a tall order. First, it is important to note that no matter Read more…
NYSE:BAL, NYSE:BNO, UNG, USO
Jared Cummans: Crude oil has been in the limelight in recent weeks, as its priced surged from a low of $75 barrel to break through the century mark, marking an increase of over 35%. While oil has long been, arguably, the most popular commodity on the market, investors and traders alike are looking to Read more…
NYSE:BNO, NYSE:CRUD, NYSE:DBO, UGA, USL, USO, XLE, XOP
Andrew Snyder: Iran is up to no good. The price of crude oil has not soared yet on the news of increased fighting in the region, but it is showing signs it could do it any day. Read more…
NYSE:BNO, NYSE:CRUD, NYSE:DBO, OIL, USL, USO
Jared Cummans: Arguably the world’s most popular commodity investment, crude oil, has been subjected to a wild 2011. Recently, the fossil fuel has been making headlines for its significant gains, though just a few months ago the opposite was true. Now that crude recently broke through the triple digit Read more…
NYSE:BNO, USO
Tony Daltorio: With West Texas crude (NYSEARCA:USO) breaching the $100 a barrel price again, oil is again front-page news, but traders are quick to discount the euro’s woes as a potential drag. Read more…
NYSE:BNO, UCO, USO
Michael Johnston: Energy prices managed to squeeze out relatively strong performances over the last week despite the chaos in Italy that rippled throughout the global financial markets. Crude oil resisted the downward pressure from intensifying anxiety over a debt crisis in Europe, and managed to head Read more…
NYSE:BNO, UGA, UNG, UNL, USL, USO
Jared Cummans: Arguably, the most important commodity in the world today is crude oil. The product and its derivatives make their way into virtually every application of modern life from transportation to plastics. The vital commodity also dominates politics in many parts of the world and ensures Read more…
NYSE:BNO, USO
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