crude

The Option Samurai sees a trading opportunity in the oil space. He recommends selling puts on oil stocks into the end of the year. He also discussed how to adjust the trade based on risk tolerance and the movement of the oil market. Benzinga recently had the chance to speak with Leav Graves,...

Oil investors are watching for the beginning of the M&A boom that typically accompanies downturns in crude prices. The "lower for longer" price outlook may be delaying the beginning of the M&A boom because buyers believe they can remain patient for now. Bernstein believes that...

U.S. oil rig counts fell by 16 this week, the ninth consecutive week of declines. A Reuters survey also indicates that OPEC production declined modestly in the month of October. Crude oil prices are on pace to finish the week higher after two straight weeks of declines. This week’s Baker...

Hurricane Patricia could be the strongest storm ever to make landfall. The storm’s projected path indicates that it will hit Mexico’s Pacific Coast sometime on Friday. A handful of companies could play major roles in the recovery efforts if the storm’s damage is severe. Category...

Citi has downgraded a handful of U.S. refiner stocks based on shrinking differentials and falling production. The firm maintains Buy ratings on several names in the space. Citi predicts a $4.50/bbl WTI/Brent differential in 2016. Earnings season for U.S. refiners is kicking off soon, and Citi...

U.S. crude oil rig counts fell by 10 this week. Tensions remain high in Syria between the United States, Russia and other members of the international community. The U.S. Ambassador to the UN has condemned Iran’s recent missile testing as a “clear violation” of a testing ban....

On Tuesday, presidential-hopeful Jeb Bush is expected to present the details of his plan to rework the energy sector in order to create jobs and spur on the economy. Bush has been very vocal about his opposition to President Obama's Clean Power Plan and is expected to fight the plan if he makes it...

VLCC spot rates surged 37 percent last week in response to high demand. Tanker share prices jumped 8 percent in response to the move. Morgan Stanley believes that tanker demand will continue to rise throughout the rest of the year. Tanker stocks have ridden the wave of surging long-haul crude...

Get a full recap of this week's outlook in the video below: Scoreboard With the lack of hopium sources, equity markets ended the week on a sour note. Friday The Friday close was largely saved from much worse results by Apple Inc. (NASDAQ: AAPL) mightily defending the 108.5 level (see the...

Credit Suisse upgraded FMC Technologies, Inc. (NYSE: FTI) and reiterated an Outperform rating on Weatherford International Plc (NYSE: WFT). FMC Technologies has declined 29 percent year-to-date, while Weatherford is down 14 percent. Credit Suisse analyst James Wicklund said that...

In a new report, Credit Suisse analyst David Sneddon took a look at global markets from a technical perspective to try and determine where they are headed from here. Here are 10 charts that Sneddon discussed in the report. 1. Oil Despite the recent bounce off lows, Sneddon remains bearish on oil...

Crude oil closed out its largest three-day price surge since 1990 on Monday, and the United States Oil Fund LP (ETF) (NYSE: USO) is up more than 23 percent in less than a week. Oil bears on Wall Street are arguing that the movement is simply a temporary short squeeze following WTI’s drop to...

At the end of a week in which there seems to be very little cause for optimism among crude oil bulls, Dennis Gartman decided it’s finally time to go long oil. WTI crude oil prices hit six-and-a-half-year lows and shares of the United States Oil Fund LP (ETF) (NYSE: USO) hit all-time lows this...

The inverse correlation between crude oil prices and gold is playing out to the core recently. While crude oil slumped heavily over the last 20 days, the opposite has happened with gold. From breaking down the 41,100 mark in late July, the yellow metal has recovered significantly and breached the...

Oil prices broke the $42 mark last Friday and went as low as $41.35, a level not seen since March 2009. The question everyone seems to be asking right now is: Can the price fall further? John Kilduff, Again Capital founding partner, was on CNBC recently to answer that question. Prices Will Go Lower...