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Jared Woodard: Probably. First, some context. Here’s the one-month volatility risk premium in the U.S. Oil Fund (NYSEARCA:USO) options since 2007. Read more…
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…
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…
Jason Simpkins: 2011 was an up-and-down year for oil prices (NYSEARCA:USO), but don’t expect that pattern to repeat in 2012. No, next 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…
Jason Simpkins: Money Morning predicted in its 2011 Outlook series that oil prices would see $100 a barrel by summer. And that’s proven to be true – but not entirely for the reasons we Read more…
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