New investors should understand contango and what it means to the futures market. The Contango definition and tie to the oil market is explained.

Gas and Oil prices are diverging which helps explain why oil can be near 52 week lows while the price we actually pay at the pump has gone up. Charts included.

Sean offers an advanced perspective on USO and why today’s market is ideal for investors in favor of the Oil ETF.

OPEC and the market have a lot to do with the current consolidation breakout for Oil. On pace for a second key accumulation day close this is a short term buying opportunity for oil related stocks (drillers, explorations, etc.).

Over the last week Wall Street has been hit with financial news covering everything from Lehman’s bankruptcy to American International Group’s bailout and the SEC’s ban of short selling in 799 financial stocks.
While the effects have been wide spread one new bullish trend has re-emerged as the dollar’s ego has once again been hit hard. [...]