Saudi Arabia Is Wishing for Rising Oil Prices to Balance Their Budget
But there is a lot of oil in the market, so if the market does undergo a recession or a slowdown, oil prices can, and will, trade lower.
The Bear Has Apache in a Downtrend With No Support
Volume has been heavier in November and December and it looks like longs are bailing out of positions.
BP Could Be Set for a Rebound as Downside Momentum Has Slowed
Shares of the oil giant are still pointed down but the pace of the decline has slowed, so any improvement in oil prices could spark a reversal.
Jim Cramer Likes UAL - Watch Oil or Wait for Weakness Before Buying
Let's go through our preflight technical checklist for United Continental.
Jim Cramer: This May Be an Inflection Point for Banks and Oils
But there is no catalyst right now, and there are so many other sectors with better prospects.
General Electric Is Like a Broken Record - Still in a Downtrend
It always pays to see if anything has changed.
Volkswagen Errors on Emissions Testing Are a Bad Case of Déjà Vu
Emissions are leaving a foul smell in the air around Volkswagen.
BP Gains as Macro Factors Fuel Oil Rally
Production cut agreements stemming from the G-20 summit are among the factors helping to buoy oil prices.
Why Oil Prices Are Due for a Bounce
OPEC is grabbing at the proverbial straws in an attempt to regain control of the global oil markets.
OPEC Exists Only as a Namesake
Over the past year, the driving force behind most of OPEC's decisions has been Saudi Arabia and its recent non-OPEC-member 'bestie,' Russia.