Is this why they call it “crude” oil?

Hi Trader, Know about the Suez Canal in Egypt? It's a key area in the oil trade — this waterway sees several million barrels of oil passing through it daily. Without it, any ships bringing oil to Europe from the Middle East would have to sail ALL THE WAY around Africa. Unfortunately, a ship the length of 4 football fields named Ever Given recently got stuck in the Suez Canal, blocking this vital avenue for oil shipping. But the weirdest part of the whole situation happened just before the ship lodged itself in the canal. If you look closely, Ever Given charted a rather peculiar path… A rather crude path, kind of like the commodity that flows through the Suez en masse every day. (Hint: Don't Google it at work.) Anyway, authorities have already dismissed the possibility the ship followed this inappropriately-shaped path on purpose... Although I have no reason to believe otherwise (hahaha). Regardless, real-world events like these cause temporary shifts in market trends that you can profit from within a couple of days if you know what you're doing. In this case, prices are going up for obvious reasons. I factor these events into some of my short-term trades — the same daily and weekly trades I share inside my Big Energy Profits membership group. Learn more about BEP by clicking here. Oh, and if you'd like to discover the tools I used to land these big-money trades in with incredible consistency… Feel free to watch this no-cost online training. Talk soon,  Anthony Speciale Jr Editor & Chief Investment Strategist, Big Energy Profits team1@hawkeyetraders.com hawkeyetraders.com Call us: (888) 233-8598 DISCLAIMER: * Futures, stocks, and spot currency trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures, stocks, and forex markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, stocks or forex. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. Past performance of indicators or methodology are not necessarily indicative of future results. CFTC Regulation 4.41 These results are based on simulated or hypothetical performance results that have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to these being shown. We'll always treat your personal information with the utmost care and will never sell it to third parties. You can find out more about what data we hold about you, why we need it, and how we keep that information safe in our Privacy Policy.

If you wish to stop receiving our emails or change your subscription options, please manage your subscription.

14422 Shoreside Way, Suite 110-160, Winter Garden, FL 3478, US