Oil (CRUDE OIL)

The Houthi rebels continue firing rockets at ships passing through the Red Sea, sending oil prices on an upward spiral.

Here’s a complete guide on how to buy and invest in oil, as well as its risks, and the best tools to use.

Last week, markets were looking confident as oil prices kept lowering. On Saturday, however, Hamas’ attacks on Israel changed everything.

California gas prices have reached a new high, but the entire United States faces a similar problem.

US crude production might have reached its peak, hardly enough to counter OPEC’s price increase.

For the first time since its onset, the West has an ally in the oil war against Saudi Arabia and Russia.

Russian revenues from oil are declining not because of sanctions but because of a lack in international demand.

Chevron and other major U.S. oil companies are higher this week despite declines in the overall market.

Saudi Arabia and Russia are acting together to raise oil prices in the West while keeping Russian revenues growing despite sanctions.

For Saudi Arabia, the only reason to stop cutting output to keep prices stable evaporated when it moved away from the US.