The recent move in oil prices prompted the talking heads on TV to warn us the market is oversupplied, thereby driving prices down.
We’ve seen massive shifts in crude oil prices in recent weeks. This has brought back some rather specious arguments by talking heads on TV and pundits.
When oil prices decline, there’s always an inevitable uptick in demand. The reason for this is simple: Markets tend to use more of a cheaper product.
We’ve got a “below the surface” read on what the recent OPEC report really means. Because it’s our job to bring you the hottest developments in the world of energy.
The solid façade of OPEC is crumbling.
The latest indication that all is not well within the ranks of the oil cartel came on April 13, when the organization released its monthly Bulletin.
We recently had the opportunity to sit down with Dr. Kent Moors, Money Map Press’ Global Energy Strategist, for a quick chat about oil.
The worsening crisis in Yemen has provided a stark reminder of the immediate impact geopolitical events can have on oil prices.