The Islamic State in the Levant (ISIL, also known as ISIS) produces nearly $2 million of oil a day and that revenue is helping fund the group's activities.
Gold has made a comeback over the past couple of weeks since trading below the 1185 level.
The Texas economy is not the economy of the 1980s driven by oil, but rather a globally diversified economy.
Market volatility is back for October trade, driven by the wild swings in oil and energy stocks, Ebola headlines and major moves in just about every asset class.
Market volatility made a comeback this week and a big contributor is the movement in the energy complex.
Housing data was a bit weaker Thursday with the October NAHB Index coming in at 54 versus the prior reading and consensus estimate of 59.
The energy complex has been a big contributor to volatility in the S&P 500 as 10% of the index is comprised of the energy sector.
Market volatility is back, but it is important to recognize what the VIX is actually measuring when you see stocks whipping around to better understand what the market is anticipating.
Market volatility has made a comeback in October, and a big contributor is the energy complex as oil continues to test key levels on the downside.
NASCAR drivers are getting ready for one of the most anticipated races of the season at Talladega Superspeedway, a track notorious for the 'Big One'.