Tag: Oil investing
Technical Analysis: Is Crude Ready To Run Over $100?
Remember that potentially explosive chart of West Texas Intermediate (WTI) crude I showed you a few days ago? Well, it’s about to get even more interesting. But before I show you what’s in store for crude trading this week, let me quickly recap the long-term technical chart… As you can see in the weekly chart […]
This Report Is Shaking Up The Energy Industry…
There’s a fierce debate heating up between oil market bulls and bears. Bears think the ongoing US oil boom will bring the price of West Texas Intermediate Crude (WTIC) dramatically lower in 2013 and beyond. After all, US field production is growing like crazy. Take a look… As you can see from this US Energy […]
Another Fed Surprise… What Does It Mean For Commodities?
Once again, Federal Reserve Chairman Ben Bernanke has the markets in a tizzy… His surprise Wednesday announcement that the US central bank will link interest rates with numerical unemployment and inflation targets left economists with their jaws on the floor. Why’s Bernanke’s statement such a big deal? The Fed’s new policy assures interest rates will […]
Exxon Mobil: Do They Need This Much Help?
I have to step up on my soapbox for a few minutes… With gas hovering near $4 a gallon, a lot of hard-earned money is going straight out America’s collective tailpipe. It’s really a frustrating situation. And I’m as mad as heck, just like you. But not about high gas prices… What makes me fume […]
Oil Prices: The Falling Dollar Is Boosting The Price At The Pump
Like most Americans, I make frequent trips to the gas station. In fact, I just filled up my gas tank this morning. And after watching the price spin higher on the gas register, my head started to hurt. Maybe it was gas fumes, but it was more likely the sticker shock of the final bill. […]
Oil Markets: Should The US Tap The SPR?
I sat at my desk sipping a cup of freshly made coffee this morning when I got to thinking about the energy markets. Why did my coffee remind me of the energy markets? It’s probably because this particular mug of coffee tastes like crude oil. As a matter of fact, I imagine it tastes a […]
Oil Prices: Is There Another Reason For The Surge?
The past month has been a roller coaster ride for oil prices. Political unrest in North Africa has investors sitting on the edge of their seats. First it was Egypt and the overthrow of Hosni Mubarak. It was just under a month ago that protests and uncertainty in the country sent oil prices skyward. Now […]
