Not Even Saudi Arabia Can Save Us From High Oil Prices (USO, OIL, DBO, XOP, XES, MRO, MPC)
Jason Simpkins: With oil prices (NYSEARCA:USO) soaring ever higher, Saudi Arabia stepped in last week and vowed to increase its production by 25% if necessary. But while that assurance managed to siphon a few dollars off of oil futures, the reality is there’s nothing Saudi Arabia – or anyone else, for that Read more…




Most Comments