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
Scott Martin: Petroleum is the lifeblood of the Russian economy, but a recent round of stress tests indicate that oil prices will have to plunge to global crisis levels to trigger another recession there. Read more…
NYSE:BNO, RSX
Jared Cummans: To call the last few months volatile would be an understatement; markets have been violently swinging back and forth, taking investors on a wild ride. While major indexes have experienced significant headwinds, other asset classes, like gold, have generally performed well. Read more…
NYSE:BNO, USO
Scott Martin: Crude prices have declined about 12% since their late April peak. Based on everything else we have seen, the oil market has not suffered nearly enough. Read more…
JJC, NYSE:BNO, RSX, USO
Tony Daltorio: The credit markets in the oil-rich Persian Gulf states have successfully weathered market storms in recent weeks, and the Arab Spring of revolutionary movements. Read more…
MES, NASDAQ:GULF, NYSE:BNO
Tony Daltorio: Saudi Arabia, home to more proven oil reserves than any other nation, has an energy problem. HSBC estimates that this year the kingdom will burn 1.2 million barrels of oil a day to generate electricity, double the amount burned in 2010. With the amount of crude oil burned Read more…
NYSE:BNO, UNG, USO
Brent crude is the largest global classification, or benchmark, for crude oil. It’s used to set the price for about two-thirds of the world’s internationally traded crude oil contracts. West Texas Intermediate (WTI) is the other common crude oil pricing reference. Back in 2007, WTI traded at a premium to Brent. At the time, this was perfectly reasonable. WTI crude is a light crude oil, while Brent is heavier oil, and needs more Read more…
NYSE:BNO, USO
Tim Seymour: An unexpectedly strong U.S. job market gave traders hope for the health of the global economy and delivered a relief boost for some commodity markets. However, some key markets continued to decline. Read more…
JJC, NYSE:BNO
Jared Cummans: July was another hectic month for equities, as the world struggled to deal with numerous debt crises that put downward pressure on global markets. In our first full month off of the quantitative easing program, rumors have already sprung up that a QE3 may be in store, as Read more…
NASDAQ:SKYY, NYSE:BNO, NYSE:NKY, SPY, USO
Tim Seymour: New numbers from the oil market demonstrate that at least in North America, economic activity continues at a pace strong enough to burn huge amounts of fossil fuel. Read more…
NYSE:BNO, USO
Morgan Stanley has rolled out a new ETN that combines access to large cap U.S. equities with exposure to a futures-based investment in crude oil. The new S&P 500 Crude Oil Linked ETN (NYSE:BARL) will offer returns of the S&P 500 Oil Hedged Index. That benchmark provides Read more…
MLPY, NYSE:BARL, NYSE:BNO, SPGH, USO
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