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…

NYSE:DBO, NYSE:USO, NYSE:XES, NYSE:XOP, OIL

Jason Simpkins: 2011 was an up-and-down year for oil prices, but don’t expect that pattern to repeat in 2012.  In the coming year, the trajectory for oil prices will be far more linear – and it’s pointed up. In fact, we could even see $150 oil by mid-summer. Read more…

NYSE:DBO, NYSE:USO, NYSE:XES, NYSE:XOP, OIL