Latest 2015 Oil Prices Analysis by Experts
The price of oil is usually measured on a per-barrel basis. The price also can be quoted as the spot price, which is the price of buying a barrel at the current moment, or as the futures price, which is the cost of buying a barrel of oil in future months. Two main contracts traded are West Texas Intermediate (WTI) and Brent Crude. WTI oil is light sweet oil and very well suited for gasoline. Brent Crude is a blend of oil from the North Sea. Futures prices are quoted in increments of 1,000 barrels of oil for every one contract.
Over the past year, oil prices have dropped by more than 50%. Not surprisingly, jet fuel, an airline’s largest expense, has dropped in step with oil prices. Ticket prices, on the other hand, remain sky-high.In North America, jet fuel prices have fallen nearly 36% from a year ago. Technically, plunging oil prices should bring a substantial. Read More
The one thing you can’t count on is the state of gold, silver, and oil prices. Commodities are inherently unreliable over the long term as investments. Their pricing is volatile, unpredictable, subject to the herd mentality, and highly cyclical.Point being; resource investing is a high-risk, speculative endeavor, and predicting. Read More
Crude Oil ETFs (exchange-traded funds) track the price changes of crude oil and are a great way for investors to diversify their retirement portfolio and gain exposure to the market. All of this is possible without the need of opening a futures account or buying a large number of different crude oil stocks.Have Crude Oil Prices Bottomed?. Read More
According to a draft report by the Organization of the Petroleum Exporting Countries (OPEC), oil prices will stay below $100.00 until at least 2025. In the most optimistic scenario, OPEC says oil will sell for around $76.00 per barrel in 10 years’ time. On the other hand, it also said crude oil prices could be as low as just $40.00 per barrel. Read More
Oil prices may have been rallying, but I just don’t see how prices are sustainable on additional advances in the oil market. We have the West Texas Intermediate (WTI) oil at around $60.00 a barrel, but we are also seeing increased resistance on the chart.The current rally in oil prices is largely created by the big reduction in oil. Read More