Tag: CVX

  • Crisis Creating Big Opportunity for these Oil Trades

    Crisis Creating Big Opportunity for these Oil Trades

    Chaos in the Middle East could send oil prices gushing higher. Not only is Israel intensifying its fight against Hamas, Iran is threatening to join the fight. Even the U.S. just sent over another carrier. There’s also fear that if Iran does get involved, the Strait of Hormuz could be choked off, and send oil…

  • The Top 3 Ways to Trade an Oil Rebound

    The Top 3 Ways to Trade an Oil Rebound

    With oil prices set to gush higher, it may be time to pick up oversold stocks. “Oil prices could soon hit $150 a barrel and go higher this year, with demand destruction likely by the end of the year, the CEO of global commodities trader Trafigura said,” as noted by Reuters. “More recently, the easing…

  • Where to Invest with Oil Back Above $100

    Where to Invest with Oil Back Above $100

    Oil prices are on the run. Last checked, crude was above $100 for two key reasons. One, Shanghai is relaxing some of its restrictions in neighborhoods that have had no COVID cases for two weeks.  That cooled fears over weak energy demand.  Two, OPEC just told the European Union that existing and future sanctions on…

  • Warning: Oil Just Jumped $9.80 This Morning

    Warning: Oil Just Jumped $9.80 This Morning

    We’re going to feel this in the wallet. Oil is now up nearly $10 a barrel – and it could get worse. All as Russia continues its attack on Ukraine. “The situation in energy markets is very serious and demands our full attention,” IEA executive director Fatih Birol said, as quoted by CNBC. “Global energy…