Dan Dicker has been a floor trader at the New York Mercantile Exchange with more than 25 years of oil trading experience. He is a licensed commodities trade adviser.Expand

Dan is currently President of MercBloc LLC, a wealth management firm and is the author of "Oil's Endless Bid", published in March of 2011 by John Wiley and Sons.

Dan Dicker has appeared as an energy analyst since 2002 with all the major financial news networks. He has lent his expertise in hundreds of live radio and television broadcasts on CNBC, Bloomberg US and UK and CNNfn.

Dan obtained a bachelor of arts degree from the State University of New York at Stony Brook in 1982.Collapse

In other words: Oil must still be in an uptrend.
There are some tremendous values out there in energy companies.
Ultimately, Saudi Arabia controls the global price of crude.
Its bearish trend might last for several weeks, but not for months.
The Master Limited Partnerships are the house players.
Maybe try futures, but be wary of natural gas stocks.

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