Page 2 - Refining It News Today

Significant impact on supply, but again, it gives speculators room to make another bet. this is going to delay development, its going to have impact on our supply, which is true, albeit small, but nevertheless it gives trader another reason to push oil prices higher. >> you make a good point about currency. the less a u.s. dollar is worth, the more dollars it takes to buy a barrel of oil. because you made a good point, fadel, im going to excuse you for saying im wrong on national tv, even though...

High energy prices and we can expect them to remain high, and that means from everything you pay at the price at the pump and the grocery store. how do you offset those cost increases? you can invest. here to tell us how to do that is jim. welcome back to the show. there are a lot of different ways to play high oil prices. youve got a fund that youre following that you think my average viewer can get involved in as a way to look at oil prices. its the iye. >> yeah, the dow jones energy sector, a...

Client comes in and they have a box. and inside that box is their financial life. people wake up and realize. "i better start doing something." we open up that box. we organize it. and we make decisions. we really are here to help you. they look back and think "wow. i never thought i could do this." but weve actually done it. [ male announcer ] visit ameriprise.com and put a confident retirement more within reach.

Efficient way to invest. >> this thing is up 33.6% in one year. what do we do for investors that think they might have missed the boat on this? >> any time youre look the at the price of oil that might be speculative, there is always a chance it could have short term correction. but if you believe in the long term that there is tremendous strategic risk in the middle east and that were getting recovery in the developed markets like the united states, that means long term the price of oil is goin...

Latest updates on this topic.

Latest updates on this topic.