There seems to be every reason for oil to rally. Why is it down? And should you pare down on your energy holdings?
Always an advocate for understanding the environment before you make any big decisions, Jim Cramer believes it's critical for anyone holding energy stocks to get a handle on oil, and why the price is in decline, especially when there would seem every reason for it to go higher.
Common sense would suggest the ongoing tensions in Russia, as well as the threat of an Ebola epidemic in Nigeria and the horrific terrorism in Iraq, would all send oil higher, if for no other reason than they threaten supply.
However, oil prices have done anything but advance lately. Over the past 3 months shares have marched from a high of $105 to about $92, where the spot price closed on Wednesday.