Tag: XOM

  • Top Ways to Trade an “Obliterating War”

    Top Ways to Trade an “Obliterating War”

    Tensions are boiling between Israel and Hezbollah. For one, according to the Associated Press, “The Americans and Europeans are warning the [Hezbollah] group it should not count on the United States or anyone else being able to hold off Israeli leaders if they decide to execute battle-ready plans for an offensive into Lebanon. And Hezbollah should…

  • 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…

  • 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…

  • 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…