Oil: a case study in fundamental analysis

Expert opinion: When the US oil reserves data is released each Wednesday, oil prices can be impacted significantly. Usually, if oil reserves increase, the price goes down. If, however, oil reserves contract, then the price goes up.

Expert opinion: Natural events such as a hurricane in the Gulf of Mexico can also affect oil prices. Once this kind of threat appears, oil prices typically start to increase.

Expert opinion: There are several brands of oil. If you aren't sure which one to focus on, choose any of them. Their price movements are very closely linked.