Kent Moors: Despite a recent price pullback, my “oil constriction” approach for how to profit from high crude oil prices has not gone away. In fact, it is right on track. Read more…
NYSE:USO, NYSE:XLE
Sean Brodrick: Could high oil prices kick America into another recession? What’s driving these triple-digit oil prices? Are prices headed higher or lower? Read more…
NYSE:USO, NYSE:XLE
EconMatters: Brent crude ended trading above $120 a barrel on Friday, April 13, while WTI crude on NYMEX for May delivery settled at $102.83 a barrel. Oil has traded above $100 for all but a couple of days in the past year (see chart below). This persistent high oil price has many concerned to start threatening Read more…
NYSE:UGA, NYSE:USO, NYSE:XLE
Martin Hutchinson: Last Friday’s weak unemployment numbers, with only 120,000 jobs created, brought renewed wails that high oil prices were causing a recession. Having heard this refrain so many times, I thought I’d dig a little deeper. Read more…
NYSE:UGA, NYSE:USO, NYSE:XLE
Kent Moors: A number of you have contacted me asking some variation of the same question. How can the price of oil be declining, yet the price of gasoline remain so high? Read more…
NYSE:UGA, NYSE:USO, NYSE:XLE
Jeff Harding: Every time we see oil prices go up we hear that it will cause inflation and/or the economy will go into the tank. Read more…
ETF BASIC NEWS, NYSE:USO, NYSE:XLE
Corey Rosenbloom: Though it’s been mentioned frequently on the news, the recent crude oil price breakthrough has been impressive on the charts as well. Read more…
NYSE:USO, NYSE:XLE
Dominique de Kevelioc de Bailleul: Strap on that safety belt for one wild summer of frantic trading in the energy complex, according to economist, prolific author and wealth strategist, Stephen Leeb. He says gas prices in the US could reach $6 per gallon by the summer driving season. Read more…
NYSE:UGA, NYSE:USO, NYSE:XLE
EconMatters: Oil futures (NYSEArca:USO) spiked more than 2% in one day to their highest level in nine months on Tuesday Feb. 21. WTI front month contract closed at $105.84, while Brent ended at $121.66 on ICE, primarily on investors fear of potential conflict over the escalating tensions between the Read more…
NYSE:UGA, NYSE:USO, NYSE:XLE
Michael Snyder: Does it cost you hundreds of dollars just to get to work each month? If it does, you are certainly not alone. There are millions of other Americans in the exact same boat. In recent years, the price of gas in the United States has gotten so outrageous that it has played a major factor in where Read more…
NYSE:UGA, NYSE:USO, NYSE:XLE
Kent Moors: Just when it looked like we could take a breather from the Strait of Hormuz, all attention is back on Iran. Read more…
NYSE:USO, NYSE:XLE
David Gillie: If you’re not up to joining the adrenaline pumping, shouting crowds in the New York Mercantile Exchange, there’s an excellent alternative—United States Oil fund (NYSEArca:USO) does it Read more…
NYSE:UCO, NYSE:USO
Jared Cummans: This week got off to a rocky start as Greece and Germany remained at odds regarding the fiscal future of the currency bloc. Many investors fear that without a significant aid package, Greece will endure a widespread default which has the potential to sink markets around the world. Read more…
NYSE:USO, NYSE:XLE
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, NYSE:UGA, NYSE:USL, NYSE:USO, NYSE:XLE, NYSE:XOP
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, NYSE:USO
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