Tag: oil prices

Gold And Silver Show Strong Historical Performance During The Summer Months

Gold And Silver Show Strong Historical Performance During The Summer Months

The summer is generally a good time to purchase precious metals. Gold and silver historically have outperformed when the weather is warm.  They have also outperformed other commodities, specifically oil.  If you are looking to add precious metals to your portfolio, look for dips in the price during the summer months, as they are likely to be […]

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Investors Facing Crude Facts

Investors Facing Crude Facts

Shell-shocked investors are shifting their attention away from tariffs to the world’s most important commodity — crude oil. The U.S. and China are locked in a brutal struggle on trade policy, but they agree on at least one thing: they’d like to see lower oil prices. President Trump recently declared as much, complaining in a tweet […]

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An OPEC Deal Extension Isn’t As Simple As It Sounds

| March 24, 2017 | 1 Comment
An OPEC Deal Extension Isn’t As Simple As It Sounds

It’s been six months now that oil prices have been reacting to OPEC, first to the possibility of an agreement, and then to the production cut deal itself, forged by OPEC to rebalance the market. The deal–initially aired as ‘an agreement to agree on a deal’ in September and signed at the end of November—will […]

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Oil Price Frenzy: Big Opportunity Or Sucker’s Bet?

| December 7, 2016 | 0 Comments
Oil Price Frenzy: Big Opportunity Or Sucker’s Bet?

Wall Street is giddy over the latest oil price bounce, but you should be leery. The energy market has played Lucy-with-the-football before. Crude oil surged last Wednesday after the Organization of Petroleum Exporting Countries (OPEC) reached an agreement to curtail production by 1.2 million barrels a day. OPEC currently produces 33.6 million barrels a day, […]

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OPEC Oil Prices Hit Energy ETFs

| December 14, 2015 | 0 Comments
OPEC Oil Prices Hit Energy ETFs

Recently, the members of Organization of Petroleum Exporting Countries (OPEC) met.  They decided to continue pumping oil at a record pace and let OPEC oil prices fall as the supply glut widens. The immediate reaction to the decision had a negative impact on oil prices.  The price of a barrel of WTIC crude oil plunged […]

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Crude Oil: How Low Will It Go?

| November 1, 2013 | 0 Comments
Crude Oil:  How Low Will It Go?

Crude bears are quickly coming out of hibernation… As energy investors are fully aware, bulls have been in control of oil prices for most of the summer.  Multiple Middle East uncertainties pumped a massive fear premium into the crude market starting in early July.  The essential commodity shot to $112 a barrel when Chicken Little […]

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Are You Ready For This Crude Possibility?

| July 20, 2012 | 0 Comments
Are You Ready For This Crude Possibility?

Oil’s back on the move again… After plunging from $106 a barrel down to $78 in May and June, the lifeblood of global commerce is finding its footing.  In fact, oil’s back up to $93… a solid 18% advance from the late June lows. Take a look… No matter how you slice it, that’s a […]

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Will Oil Spike To $150?

| November 11, 2011 | 0 Comments

Highly uncertain European economic news is turning the US stock market into an absolute roller coaster. Case in point, the Dow spent the past two weeks trading as high as 12,272 and as low as 11,650.  That’s an ultra-volatile 5% short-term trading range that’s making for a wild ride in just about every stock out […]

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NAT GAS Act Needs Your Support

| May 31, 2011 | 0 Comments

Memorial Day weekend kicked off the summer driving season. It’s the time of year when families pile into their cars for a road trip.  I joined in on the action with a 1,000 mile round trip to LEGOLAND California. It was a great weekend getaway.  But I’m afraid rising gas prices could eventually put an […]

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Oil Prices: The Falling Dollar Is Boosting The Price At The Pump

| May 4, 2011 | 0 Comments

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. […]

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