The oil price news gave traders mixed signals this week, but we’re still expecting oil prices to rise 14% by the end of the year…
Oil prices today (Tuesday, Sept. 19) are trading above $50 a barrel, which puts oil on track for its highest closing price since July.
And we predict oil prices will head even higher before the end of the year, too.
Smart investors always have a plan to prepare for a stock market crash, even when a pullback doesn’t seem likely.
In fact, one of the reasons stock market crashes can be so devastating is because they are impossible to predict with certainty.
Natural gas just claimed another victory over clean coal.
The Saudi Aramco IPO is worth a reported $2 trillion, which will make it the biggest IPO ever once the company goes public.
Oil prices are down 14% on the year, despite OPEC starting and extending its 1.8-million-barrel oil production cut agreement in 2017.
The oil price drop surprised investors because OPEC reached a deal to cut oil production on Nov. 30, 2016.
Tags: oil price
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A stock market crash could be on the way as the investigation into President Trump’s campaign intensifies.
The next OPEC meeting is on May 25 and the fate of the cartel’s oil production cap is at stake.
OPEC has to decide whether it will keep a lid on oil production or let its members produce as much as they want. And the decision will have a dramatic impact on crude oil prices.
As the Dow begins to flatten, investors are beginning to wonder if we are just one destabilizing event away from another stock market crash.
During the 2016 campaign, then candidate Trump promised “we’re going to save the coal industry.”