Tag: oil price
Is It Time To Exit Your Oil Position?
Crude oil has taken it on the chin lately. After this Wednesday’s 4% drop, oil’s down 5% for the month and 11% year to date. Those aren’t exactly the results oil bulls were looking for. So what’s going on with black gold? In a nutshell, it’s all about the economy. However, it’s not just the […]
Oils Plunge Is Good News For Stocks
Last week must have been hard to stomach for oil bulls. Crude oil prices took it on the chin towards the end of the week. In fact, crude oil closed below $100 a barrel for the first time since February dropping all the way below $98. However, oils plunge is actually a good thing […]
Will Rising Oil Prices Kill The Economic Recovery?
The doom and gloom crowd is at it again. I swear, these people look for any excuse to call for a severe market downturn, economic collapse, alien invasion, and well you get the picture. This time, the bears are out in force because of the rising price of oil. Now dont get me wrong, […]
