Kent Moors: With “Big Ben” testifying over the next two days on Capitol Hill, the indices will be bouncing around.  Read more…

NYSE:UCO, NYSE:UGA, NYSE:USO, NYSE:XLE

Kent Moors: The collapse of talks between Iran and the “Big 6″ (the five permanent members of the UN Security Council plus Germany) should have accelerated international crude oil prices. Read more…

NYSE:UCO, NYSE:USO, NYSE:XLE

Dominique de Kevelioc de Bailleul: The triggering event to WWIII could be as early as October, according to Debka-Net-Weekly’s intelligence moles.  Iran cannot be allowed to sell Iranian oil for any other currency other than the U.S. dollar—a fatal mistake Iraq’s Saddam Hussein Read more…

NYSE:UCO, NYSE:USO, NYSE:XLE

Diane Alter: Oil prices have taken a backseat lately to the turmoil in Europe and Obamacare. But investors and consumers are starting to take notice again. Read more…

NYSE:ERX, NYSE:ERY, NYSE:UCO, NYSE:USO, NYSE:XLE

EconMatters: Crude oil prices, along with world stocks, surged on Friday after euro zone leaders reached an accord on directly recapitalizing regional banks as well as measures to cut soaring borrowing costs in Italy and Spain.  Brent crude jumped more than Read more…

NYSE:ERX, NYSE:ERY, NYSE:UCO, NYSE:USO, NYSE:XLE

Jonathan Yates: As crude oil prices fall far below $100 a barrel, the trend is affecting the most oil-dependent economies in the world.  Read more…

NYSE:SCO, NYSE:UCO, NYSE:UNG, NYSE:USO, NYSE:XLE

Ben Gersten: Oil prices sank to their lowest level in eight months Wednesday and the trend continues.  Crude oil for August delivery fell yesterday (Thursday) below the $80 line to $78.20 a barrel on the New York Mercantile Exchange.  Read more…

NYSE:SCO, NYSE:UCO, NYSE:USO, NYSE:XLE

Toby Connor: June has been the month of major bottoms. Stocks and gold have already formed major yearly cycle lows. Now it’s the CRB’s turn to put in a major three year cycle bottom. This bottom will almost certainly form well above the 2009 low Read more…

NYSE:UCO, NYSE:UNG, NYSE:USO, NYSE:XLE

Marin Katusa: One of oil’s most important characteristics is its fungibility, which means that a barrel of refined oil from Texas is equivalent to one from Saudi Arabia or Nigeria or anywhere else in the world. The global oil machine is built upon this premise Read more…

NYSE:ERX, NYSE:ERY, NYSE:SCO, NYSE:UCO, NYSE:USO, NYSE:XLE

Toby Connor: It is time to do  quick recap of the big picture view, which is unfolding pretty much as I expected.  Read more…

NYSE:GLD, NYSE:IAU, NYSE:SPY, NYSE:USO, NYSE:UUP, NYSE:XLE

The Greek elections took place without a the “leave the Euro” outcome that was starting to look increasingly possible. Now it’s time for Greece to face reality by collecting some taxes and potentially selling some assets. It will be a long road that many still believe Read more…

NYSE:GLD, NYSE:XLE, OIH

If I was allowed to follow only one economic barometer—out of the scores of weekly and monthly reports out there—my pick would be oil, hands down and all day long. And why not? What other indicator can claim to fairly reflect domestic and Read more…

NYSE:XES, NYSE:XLE

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

Jared Cummans: It seems that the collapse of the euro, and possibly a global financial market correction, has become more likely than not in the next few year. It started with the fiscal disaster otherwise known as Greece, which has public debt equal Read more…

NYSE:DBC, NYSE:GLD, NYSE:JJC, NYSE:SLV, NYSE:XLE