Oil is a viscous chemical hydrocarbon that is liquid at normal temperatures. Oil is used as a fuel and lubricant. It is refined to become gasoline, diesel, and jet fuel. Low oil prices are typically associated with the prevalence of economic globalization.
There is so much supply out there, oil prices could very well experience another material price correction, making the business case for producers extremely limiting.One thing that isn’t plentiful in this stock market is value. But it has appeared in the energy sector as both oil prices and natural gas are subdued.For the longer-term. 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
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
There’s been quite a bit of turmoil in global capital markets recently; and it’s evident in the bond market, the U.S. dollar, equities, and oil prices. It’s a very good reminder of how important it is to take stock of the investment risk among your holdings.For equities, as we know, the market has come a long way since the financial. Read More