The room was unanimous on that point. They didn’t want to hear about oil. Yet in the face of all those commonly held beliefs, the price of oil rallied.
Category: Hard Commodities
Investors interested in commodities will frequently flock to hard commodities. These are typically materials that must be mined or extracted from the earth. Some key examples of hard commodities include crude oil, gold, silver, copper, heating oil, natural gas and aluminum. These are raw materials that touch every part of our lives. They are also most often impacted by economic cycles. When the economy is growing and flourishing, demand for copper, aluminum, natural gas and crude oil will explode. During times of economic contraction, demand falls off and the prices of these hard commodities will typically fall off. Check out our articles on investment opportunities in hard commodities.
The Oil Rally Is Set to Stall
Some see oil prices continuing to climb throughout 2018. That may be the case by the end of the year, but for now, oil prices are set to take a dip lower.
The Oil Patch Comes Alive as Oil Soars Toward $100
The price of oil is nearly 200% higher today than it was at the bottom in 2016. And we could easily see oil prices spike to $100 per barrel on bad news.
Oil Prices Just Entered Bubble Territory
Gains in oil seem like a natural response to any action against Iran. But as this chart shows, oil is now at an extreme level only seen in bubbles.
The Big Change in Oil That No One Is Talking About
This monumental shift will be the most dramatic in over 100 years, maybe even more so than when ships switched from coal to oil.
This Hated Sector Is Ready to Take Off
While oil has more than doubled in price in the last two years, this essential part of the oil industry has actually seen a slight decline.
This Quiet War Could Supercharge Oil Prices Soon
Over the last couple of weeks, we discussed two reasons for the rising oil price. However, there is another source of anxiety in the oil market.
Invest in Offshore Oil Now Before the Big Money Floods In
In the next few years, the big capital investment money is headed toward offshore oil exploration and production in a big way.
This Critical Deadline Is Why Oil Could Spike to $100
On May 12, the oil market will face a critical test. If the result goes one way, we could see higher oil prices … potentially much higher.
The Oil Industry Launches a Huge Phase of Investment
When oil companies begin to spend on expansion, it’s a sign that they believe there are bright prospects in the oil industry for growth.
Why Mexico Needs U.S. Gasoline
With talks of the U.S. losing in trade deals, there is a surprising victory with our southern neighbor. To understand why, we have to take a couple steps back…
A Cheap Way to Offset Rising Gas Prices
Most of us have to buy gas, so there’s nothing we can do about the higher gas prices. But there is a way to offset them.
Why OPEC Doesn’t Care About U.S. Oil
The U.S. continues to be a juggernaut of oil production. But there is a problem with our oil that no one is talking about.
The Massive Rally in Oil Is Just the Beginning
I’m going to outline a pocket of strength that will endure and even flourish in these changing market conditions. And it comes from the much-maligned oil sector.