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Crude Oil's Current Bullish And Bearish Cases
Tuesday, April 28, 2015 - 1:51pm | 369Read More...In the past few weeks, crude oil prices have moved substantially higher from the sub-$45 mark that it touched not too long ago. Now, at above $55, the Street is divided on whether it can move further up or if crude is approaching its ceiling. Neal Dingmann, analyst at SunTrust Robinson Humphrey...
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Oil Prices Jump 8% As U.S. Active Rig Count Plummets
Monday, February 2, 2015 - 5:21pm | 407Read More...The price of WTI crude oil spiked more than 8 percent to around $48 per barrel on Friday, when Baker Hughes Incorporated (NYSE: BHI) released its weekly U.S. rotary drill rig numbers. An acceleration of falling rig counts could be an indication that the oil and gas industry is now moving more...
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The Oil Slump Continues: WTI Crude Falls Below $50 For First Time In 5 Years
Monday, January 5, 2015 - 4:28pm | 464Read More...For the first time since April 2009, WTI crude breached the $50 mark Monday and briefly traded even lower, going as low as $49.95 per barrel. Though it recently traded above that mark, it was still down more than 4 percent for the day. CNBC's Jackie DeAngelis reported on the news and...
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WalletHub's 11 (Mostly) Upbeat Economic Predictions For 2015
Wednesday, December 17, 2014 - 3:45pm | 1037Read More...For many investors, the most coveted super power – assuming super powers were possible -- would likely be the ability to foretell the future accurately. Personal finance social network, WalletHub, with help from a panel of experts, offered the next best thing with 11 economic predictions...
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Will Oil Be The Best Investment Of 2015?
Wednesday, December 10, 2014 - 3:59pm | 567Read More...Bank of America analysts believe 2015 may be the time for investors to start dipping their toes into oil again. In a recent report, analysts presented the case for cautiously venturing into oil-exposed energy stocks that have heavily underperformed in 2014 due to the collapse in oil prices....
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Anthony Grisanti Is Bullish On Crude Oil
Thursday, August 7, 2014 - 4:08pm | 187Read More...Speaking on CNBC's Futures Now, Anthony Grisanti said that this price level might be the bottom for crude oil. He explained that the geopolitical unrest has the most important influence on the market right now. The news about an explosion in Baghdad pushed crude oil $0.40 higher and if the...
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3 Commodities You Should Watch, According to Mike Seery
Wednesday, July 16, 2014 - 7:50am | 1004Read More...In trading commodities, Mike Seery likes to keep it simple. His preference is to enter on a trade on a four-week low or a four-week high. He's also a trend-follower. “If something has hit the lowest price in the last 20 trading days, I am going to short it,” he said. “If...
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Market Wrap For Tuesday, September 24: Markets Go Parabolic
Tuesday, September 24, 2013 - 4:24pm | 673Read More...Equity markets spiked lower Tuesday morning, catching up with futures lows. However, a sharp recovery left markets flat on a day of heavy economic data. Major Indexes The Dow Jones Industrial Average dropped 66.79 points, or 0.43 percent, to 15,334.59. The S&P 500 fell 4.42 points, or 0...
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Market Wrap For Monday, September 23: Markets Unmoved Despite Kenyan Terror
Monday, September 23, 2013 - 4:19pm | 721Read More...It’s rare for global headlines to have little effect on markets. However, the attack on the Westgate mall in Kenya has had virtually no effect on equities, sending the FTSE Kenyan ETF (FTSE: FNKEN2) down just 0.24 percent. Other top stories include the release of Microsoft’s Surface 2....
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Market Wrap For Thursday, September 12: Volume Light Over Possibility Of Syrian Fight
Thursday, September 12, 2013 - 4:21pm | 793Read More...“I think one of the basic reasons men make good friends is that they can make up their minds quickly,” said Marilyn Monroe. This certainly wasn’t the case Thursday as equity markets shot up and down throughout the day, eventually closing lower. Major Indexes The Dow Jones Industrial Average...
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Benzinga Market Wrap For August 21: FOMC Minutes Send Markets Spinning
Wednesday, August 21, 2013 - 4:24pm | 718Read More...Markets were incredibly volatile Wednesday, eventually closing significantly lower. Equities shot down after the Fed’s minutes were released, and quickly recovered before tanking to end the day. Major Averages The Dow Jones Industrial Average closed down 105.44 points, or 0.7 percent to 14,...
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Mexican Energy Legislation Could Be A Game Changer
Tuesday, August 13, 2013 - 2:33pm | 538Read More...This is the first installment of this story. Read why the legislation may not go far enough here. Mexican president Enrique Pena Nieto announced his plans to open Mexico’s oil industry up to private and foreign investment for the first time in 75 years. This comes as opposition to the...
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IEA Report Indicates Trouble For OPEC
Friday, August 9, 2013 - 3:59pm | 421Read More...The International Energy Agency published its oil market report for August, recapping recent oil action and revising 2014 demand down. The agency expects demand of 29.8 million barrels per day for 2014, up 1.1 million from 2013, but lower than their original expectations. The elevated 2014...













