Brent Crude
Where Will World Oil Prices Move On This Surprising News?
World Oil Prices: Due For A Rebound? For the first time in a long time, investors are contemplating the upside potential in world oil prices instead of the downside. What’s changed? There has been a sudden uptick in Middle East political uncertainty. As if dealing with ISIS isn’t enough, the war torn region is facing […]
Oil Collapse: Now What?
Wow… What a week for West Texas Intermediate (WTI) crude oil. The essential commodity collapsed to $83 a barrel in early morning trading today. That’s a 7.7% downturn for the week and the lowest price in nearly two and half years. Brent crude, which is considered the global benchmark, plunged to $88.50 in the early […]
Crude: Bears Vs. Bulls- Who’s Winning?
No doubt about it, yesterday was ugly for the global crude market. West Texas Intermediate (WTI) crude declined $2.09 to $95.50 a barrel. Not to be outdone, Brent crude plummeted a whopping $2.91 to $102 a barrel. As you’re likely aware, WTI is the American crude benchmark while Brent is the European counterpart. What sent […]
I’m Fed Up With This Crap…
So far, the Summer of 2014 is turning out to be a repeat of last year… As you may remember, West Texas Intermediate (WTI) crude surged to $108 a barrel in July 2013 before spiking to $112 in August. At the time, the despicable situation in Syria had investors sitting on the edge of their […]
Energy Update: Brent Spike Coming?
The next few weeks could get very interesting for the energy markets. Crude oil is poised for a potentially sizeable bullish move thanks to quickly changing geopolitical factors. What’s more, recent natural gas data points to continued bullishness as producers try to play catch up. Let’s look at the details… As you may have heard, the […]
Energy Update: War Drums Send Oil Surging…
West Texas Intermediate (WTI) is going ballistic this morning. The commodity jumped to $112 a barrel in overnight trading thanks to the quickly developing crisis in Syria. What’s going on? In a nutshell, the US is threatening to strike Syria in retaliation for the country’s cowardly leader, Bashar al-Assad, using chemical weapons on his own […]
Energy: WTI- Why So High?
Have you noticed the price of oil lately? As of this morning, West Texas Intermediate (WTI) crude, the benchmark for US oil prices, is trading just under $94 a barrel. While you may be growing accustomed to oil in the $90 a barrel range as a consumer, you’re probably still wondering why prices remain so […]
