Tag: West Texas Intermediate
3 Oil Stocks To Buy, Whatever Oil Prices Do
These three companies should serve you well no matter what Oil stocks have looked more lively recently. U.S. crude oil is up 25.85% year to date, with West Texas Intermediate (WTI) recently trading around $57.15 a barrel. That comes as the Organization of Petroleum Exporting Countries (plus non-members including Russia) holds one of its regular […]
Energy Not Adding Up
A barrel of oil, West Texas Intermediate, currently fetches $65 per barrel, that is a fairly decent price looking back over the past three years. Brent is closer to $70. Still a far cry from $100+ price prior to mid-2014 but also materially above the $30 trough of Q1 2016. Yet, the majority of energy […]
China Stocks Have Crude Investors Panicking…
China Stocks Pressuring Oil… No doubt about it, the oil market has been hammered in recent trading. The price of West Texas Intermediate (WTI) crude fell as much as 17% from the June highs the past few days as traders fretted over high supply, the Greek debt debacle, and worrisome trading in China stocks. Take […]
Another Bullish Run For Oil Prices Today?
What’s In Store For Oil Prices Today? It has been an incredible bullish run for West Texas Intermediate (WTI) crude the past few weeks. In fact, on Tuesday the commodity rallied over $60 a barrel for the first time this year. The recent upturn has WTI up 10% on the year and up 40% from […]
