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Oil See-Saw Continues.  $

We need to just get set on the fact that crude oil prices are going to remain volatile, and we just aren’t going to get away from this position for…

Traders Looking for Anything to Push Oil Up. $

Chris wrote about the challenges that Saudi Arabia faces in trying to meet its budget obligations with oil at 7 year lows. But, in the United States, traders are all…

WTI and Brent at Parity. $

WTI and Brent at Parity.  $

  The action by the Fed helped to push oil a little bit lower early this week as West Texas Intermediate fell below the 2009 Great Recession levels. Chris covered…

Want to Argue How Good or Bad Low Oil Prices Are? $

  Chevron rocked the financial world last night when it announced that it would trim capital spending plans by at least 24% in 2016. That’s a cut of about $8…

Oil Industry – Not Investment Advice!!  $

Oil Industry – Not Investment Advice!!   $

  This is not investment advice!!  But, we listened to comments by several petroleum CEO’s in interviews today and in piecing a lot of these different discussions together, we came…

Crude Oil at $20 a barrel? $

Crude Oil at $20 a barrel?  $

  Goldman Sachs is at it again with low oil price predictions. The group said today that a combination of a mild winter, ending of Iran sanctions, and slower global…

Oil Still Hovering Near “3 Handle” $

Oil Still Hovering Near “3 Handle”   $

  Analysts are now saying that crude oil in the sub-$40 per barrel range is not only likely, it will happen shortly. Even major terrorist attacks in Paris and increased…

Oil Decline Continues – Stockpiles and Production in Focus. $

Oil Decline Continues – Stockpiles and Production in Focus.    $

Crude oil prices slipped below the $41 per barrel level in trading on Friday as an oil inventory supply report on Thursday showed that the build in crude oil barrels…

Crude Oil Prices Starting to Slip. $

Crude Oil Prices Starting to Slip.   $

If you have been with us for a while, you know that we believe crude oil is currently more tied to the value of the Trade Weighted Dollar Index than…

Two Ways to Look at Crude Oil Prices. $

We were struck by the “incredible breaking headlines” today discussing the rocket-ship ride that crude oil took today. After all, it shot up.  And sure enough, if you look at…

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