Tag: oil prices

  • 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…

  • How to Trade the Potential for $150 Oil

    How to Trade the Potential for $150 Oil

    Oil prices could gush even higher. That’s according to Doug Lawler, CEO of Continental Resources. In fact, he believes crude could push as high as $150 without new production. “More price pressure is coming, he said, unless policies are put in place to encourage more output,” he added as quoted by MarketWatch. Worse, Lawler said…

  • How to Trade the Potential for $100 Oil

    How to Trade the Potential for $100 Oil

    Oil prices are back above $80 a share. All after Russia said it would cut oil output by 500,000 barrels a day next month. “Moscow has telegraphed a specific oil-markets response to the Western measures, raising the specter that it was now brandishing oil as a weapon in the economic war playing out between Russia…

  • 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…

  • Top Ways to Trade Gushing Oil Prices

    Top Ways to Trade Gushing Oil Prices

    That recent drop in oil prices was good while it lasted. But it was never going to last. Today, oil is up $4.54 to $113.80. All as tensions show no signs of cooling.  In fact, they may be getting worse.  For one, NATO Secretary-General Jens Stoltenberg just said the alliance “is likely to bolster troops…