Oil

The WTI crude oil price just hit its highest price in 2 1/2 years. We need to know what’s driving it to decide if we should buy some oil producers.

Saudi Arabia does a masterful job of talking the price of oil higher. And without ever taking any action, that has had an impact on oil prices.

As I told you in August, there was zero chance that the service companies will continue to fall if the major oil companies are making record gains.

There’s good news for oil companies. The headlines lean bullish for oil lately. And there’s money to be made in the energy sector right now.

Oil prices have been stuck around $50 a barrel since they collapsed in 2014. But oil may now be finding a bottom and heading higher.