Commodity Trade: The Trajectory Is For Oil Prices To Rise (XLE, USO, UCO, UGA)
Kent Moors: Crude oil and gasoline futures contract prices moved down yesterday, as the market took a breather from an accelerated upturn. Read more…
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Kent Moors: Crude oil and gasoline futures contract prices moved down yesterday, as the market took a breather from an accelerated upturn. Read more…
Jared Cummans: By now, crude’s popularity has been exhausted. As arguably the most widely used commodity in the world, crude oil has cemented its place into societies all across the globe. It makes an appearance in everything from your standard fuel at the pump Read more…
EconMatters: Since the Global Community all the sudden seems to be preoccupied with Market manipulation even though the authorities knew it was a problem for over 5 years with Libor Rate Fixing. It is high time authorities look at the Crude Oil market which has been Read more…
Ron Rowland: ETFs may not be the best thing since sliced bread, but they’re still pretty darn handy. I’m not sure how we ever invested without them. Read more…
Kent Moors: With “Big Ben” testifying over the next two days on Capitol Hill, the indices will be bouncing around. Read more…
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…
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…
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…
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…
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…
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…
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…
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…
Toby Connor: It is time to do quick recap of the big picture view, which is unfolding pretty much as I expected. Read more…
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…
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