crude Archives - Sophisticated Investor

The U.S. Oil Export Ban and Your Portfolio

by Renee Ann Breiten | Jan 7, 2016 | Portfolio Management

Oil prices hit their lowest in years and the export ban on U.S. crude oil was lifted after a larger spending bill passed through Congress at the end of December. The $1.1 trillion spending measure helped to stave off a government shutdown and includes a variety of...

Who Wins When Oil Hits Multiyear Lows

by Renee Ann Breiten | Dec 17, 2015 | Commodities

Oil prices hit new lows on Wednesday, dipping below $35 per barrel. The Wall Street Journal reports that the “global glut of crude” is to blame, explaining that production is high and companies in the sector are producing at full bore to maximize their revenues. To...