How Many Rigs Have To Be Removed From The US Shale Oil Fields To Balance Supply And Demand In The Oil Market?
Hollywood Popcorn - at Seeking Alpha - Fri Jan 02, 1:49PM CST
USO: 19.89 (-0.47), UCO: 9.91 (-0.46), SZO: 62.30 (+0.18), OLO: 8.11 (-0.19), DNO: 56.28 (+1.12), DBO: 15.28 (-0.42), DTO: 83.88 (+3.37), OIL: 12.21 (-0.33), UWTI: 4.58 (-0.31), BNO: 22.02 (-0.68), OLEM: 24.79 (-0.16), DWTI: 125.45 (+8.26), SCO: 79.90 (+3.38), USL: 26.35 (-0.47)
Oil reverses early gains
Seeking Alpha - at Seeking Alpha - Fri Jan 02, 5:20AM CST
USO: 19.89 (-0.47), TWTI: 20.51 (+0.13), UCO: 9.91 (-0.46), SZO: 62.30 (+0.18), OLO: 8.11 (-0.19), DNO: 56.28 (+1.12), DBO: 15.28 (-0.42), DTO: 83.88 (+3.37), OIL: 12.21 (-0.33), UWTI: 4.58 (-0.31), BNO: 22.02 (-0.68), OLEM: 24.79 (-0.16), DWTI: 125.45 (+8.26), CRUD: 26.94 (-0.43), SCO: 79.90 (+3.38), USL: 26.35 (-0.47)
Peak Oil From The Demand Side: A Prophetic New Model
Ron Patterson - Seeking Alpha - Fri Jan 02, 4:11AM CST
This is a Guest post by Avery Morrow The most attention-grabbing attempts to predict oil futures have come from geologists and environmental activists, who tend to look solely at production. An overlooked doctoral thesis by Christophe McGlade, ...
USO: 19.89 (-0.47), UCO: 9.91 (-0.46), SZO: 62.30 (+0.18), OLO: 8.11 (-0.19), DNO: 56.28 (+1.12), DBO: 15.28 (-0.42), DTO: 83.88 (+3.37), OIL: 12.21 (-0.33), UWTI: 4.58 (-0.31), BNO: 22.02 (-0.68), OLEM: 24.79 (-0.16), DWTI: 125.45 (+8.26), CRUD: 26.94 (-0.43), SCO: 79.90 (+3.38), USL: 26.35 (-0.47)
5 Graphs For 2015: #4, The Price Of Oil Vs. GDP
Hale Stewart - Seeking Alpha - Fri Jan 02, 1:43AM CST
By New Deal democrat This is a continuation of my series of economic relationships I'll be paying particular attention to in 2015. Yesterday was #5: mortgage refinancing Relationship #4 is about whether a new, lower range of gas prices remains...
USO: 19.89 (-0.47), UCO: 9.91 (-0.46), SZO: 62.30 (+0.18), OLO: 8.11 (-0.19), DNO: 56.28 (+1.12), DBO: 15.28 (-0.42), DTO: 83.88 (+3.37), OIL: 12.21 (-0.33), UWTI: 4.58 (-0.31), BNO: 22.02 (-0.68), OLEM: 24.79 (-0.16), DWTI: 125.45 (+8.26), CRUD: 26.94 (-0.43), SCO: 79.90 (+3.38), USL: 26.35 (-0.47)
The Oil Price Decline: No Conspiracy Theories Need Apply
Craig Pirrong - Seeking Alpha - Thu Jan 01, 9:31AM CST
2014 is in the books, and fittingly, the last day of the year saw a fall in the price of oil. The nearly 50 percent decline in oil prices from the end of June to today was the biggest commodities story of the year. This decline has spawned numerous...
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USO: 19.89 (-0.47), UCO: 9.91 (-0.46), SZO: 62.30 (+0.18), OLO: 8.11 (-0.19), DNO: 56.28 (+1.12), DBO: 15.28 (-0.42), DTO: 83.88 (+3.37), OIL: 12.21 (-0.33), UWTI: 4.58 (-0.31), BNO: 22.02 (-0.68), OLEM: 24.79 (-0.16), DWTI: 125.45 (+8.26), CRUD: 26.94 (-0.43), SCO: 79.90 (+3.38), USL: 26.35 (-0.47)
Estimating The "Fair Price" Of Oil
Hollywood Popcorn - at Seeking Alpha - Thu Jan 01, 8:22AM CST
USO: 19.89 (-0.47), UCO: 9.91 (-0.46), SZO: 62.30 (+0.18), OLO: 8.11 (-0.19), DNO: 56.28 (+1.12), DBO: 15.28 (-0.42), DTO: 83.88 (+3.37), OIL: 12.21 (-0.33), UWTI: 4.58 (-0.31), BNO: 22.02 (-0.68), OLEM: 24.79 (-0.16), DWTI: 125.45 (+8.26), CRUD: 26.94 (-0.43), SCO: 79.90 (+3.38), USL: 26.35 (-0.47)
Saudi Arabia's Half-Off Sale On Crude Oil
Kenneth D. Worth - at Seeking Alpha - Wed Dec 31, 11:17PM CST
USO: 19.89 (-0.47), UCO: 9.91 (-0.46), OLO: 8.11 (-0.19), OIH: 35.96 (+0.04), DTO: 83.88 (+3.37), BNO: 22.02 (-0.68), UWTI: 4.58 (-0.31), SCO: 79.90 (+3.38), SZO: 62.30 (+0.18), DNO: 56.28 (+1.12), DBO: 15.28 (-0.42), OIL: 12.21 (-0.33), OLEM: 24.79 (-0.16), DWTI: 125.45 (+8.26), XLE: 79.53 (+0.37), USL: 26.35 (-0.47)
Crude oil bounces on inventory drop
Seeking Alpha - at Seeking Alpha - Wed Dec 31, 9:44AM CST
USO: 19.89 (-0.47), TWTI: 20.51 (+0.13), UCO: 9.91 (-0.46), OLO: 8.11 (-0.19), DTO: 83.88 (+3.37), BNO: 22.02 (-0.68), UWTI: 4.58 (-0.31), UGA: 33.22 (-0.93), SCO: 79.90 (+3.38), CRUD: 26.94 (-0.43), SZO: 62.30 (+0.18), DNO: 56.28 (+1.12), DBO: 15.28 (-0.42), OIL: 12.21 (-0.33), OLEM: 24.79 (-0.16), DWTI: 125.45 (+8.26), UHN: 21.23 (-0.35), USL: 26.35 (-0.47)
The 2014 Commy Awards
Jeff Malec - Seeking Alpha - Wed Dec 31, 5:24AM CST
There's the Emmy Awards, the Webby's, the ESPY's, (why do they all end in y), but no commodity awards as far as we know… Let's see if we can do something about that, with the first (and perhaps last) edition of the Commy Awards: (All Charts...
JO: 29.09 (-1.39), OLO: 8.11 (-0.19), OUNZ: 11.84 (+0.03), BNO: 22.02 (-0.68), TFI: 24.18 (+0.02), USDU: 27.32 (+0.25), CAFE: 19.45 (-1.02), PVI: 24.96 (unch), SGOL: 116.32 (+0.47), RVNU: 26.21 (+0.26), DNO: 56.28 (+1.12), VRD: 29.95 (+0.10), PRB: 24.33 (+0.09), OIL: 12.21 (-0.33), AGG: 110.43 (+0.31), OLEM: 24.79 (-0.16), UDNT: 11.70 (-0.39), USO: 19.89 (-0.47), UCO: 9.91 (-0.46), DTO: 83.88 (+3.37), MUB: 110.06 (-0.28), UUPT: 27.56 (+0.77), XMPT: 26.29 (+0.16), UWTI: 4.58 (-0.31), SCO: 79.90 (+3.38), UUP: 24.20 (+0.23), FMB: 51.33 (-0.06), SZO: 62.30 (+0.18), DBO: 15.28 (-0.42), GLD: 114.08 (+0.50), CORN: 26.48 (-0.16), IAU: 11.50 (+0.06), UDN: 23.55 (-0.21), PZA: 25.48 (+0.07), AGOL: 118.09 (unch), FORX: 44.99 (-0.01), DWTI: 125.45 (+8.26), USL: 26.35 (-0.47)
Martin Armstrong Warns Oil To Retest $35-$31 Level
Jason Tillberg - at Seeking Alpha - Wed Dec 31, 3:53AM CST
USO: 19.89 (-0.47), UCO: 9.91 (-0.46), SZO: 62.30 (+0.18), OLO: 8.11 (-0.19), DNO: 56.28 (+1.12), DBO: 15.28 (-0.42), DTO: 83.88 (+3.37), OIL: 12.21 (-0.33), UWTI: 4.58 (-0.31), BNO: 22.02 (-0.68), OLEM: 24.79 (-0.16), DWTI: 125.45 (+8.26), SCO: 79.90 (+3.38), USL: 26.35 (-0.47)
Crude set for biggest fall since 2008
Seeking Alpha - at Seeking Alpha - Wed Dec 31, 3:10AM CST
USO: 19.89 (-0.47), TWTI: 20.51 (+0.13), UCO: 9.91 (-0.46), SZO: 62.30 (+0.18), OLO: 8.11 (-0.19), DNO: 56.28 (+1.12), DBO: 15.28 (-0.42), DTO: 83.88 (+3.37), OIL: 12.21 (-0.33), UWTI: 4.58 (-0.31), BNO: 22.02 (-0.68), OLEM: 24.79 (-0.16), DWTI: 125.45 (+8.26), CRUD: 26.94 (-0.43), SCO: 79.90 (+3.38), USL: 26.35 (-0.47)
Epic Price Reversal For Commodities In 2014
Frank Holmes - Seeking Alpha - Tue Dec 30, 2:17PM CST
If you want to know what happened in 2014 with regard to gold and oil, it's important to appreciate the inverse relationship between the U.S. dollar and commodities. The following chart is a good place to start: (click to enlarge) Whereas...
GLDI: 12.03 (+0.06), PALL: 77.11 (-0.38), OLO: 8.11 (-0.19), OUNZ: 11.84 (+0.03), UGLD: 11.36 (+0.14), BNO: 22.02 (-0.68), GLDE: 12.37 (-0.19), GYEN: 13.23 (+0.11), SGOL: 116.32 (+0.47), GEUR: 12.59 (+0.18), DNO: 56.28 (+1.12), OIL: 12.21 (-0.33), PTM: 13.04 (-0.23), OLEM: 24.79 (-0.16), PGM: 25.90 (-0.46), UGL: 38.70 (+0.29), USO: 19.89 (-0.47), BARS: 47.25 (-1.58), TBAR: 25.01 (-0.02), UCO: 9.91 (-0.46), DTO: 83.88 (+3.37), DZZ: 7.52 (-0.04), UWTI: 4.58 (-0.31), DGL: 39.21 (+0.07), SCO: 79.90 (+3.38), PPLT: 116.57 (-0.48), DGP: 23.68 (+0.18), DGLD: 76.58 (-0.59), SZO: 62.30 (+0.18), UBG: 30.91 (+0.24), DGZ: 15.63 (-0.04), DBO: 15.28 (-0.42), GLD: 114.08 (+0.50), IAU: 11.50 (+0.06), GGBP: 11.60 (+0.10), BAR: 27.27 (+0.29), AGOL: 118.09 (unch), DWTI: 125.45 (+8.26), USL: 26.35 (-0.47), GLL: 99.67 (-0.55)
Oil drops as supply glut weighs
Seeking Alpha - at Seeking Alpha - Tue Dec 30, 3:00AM CST
USO: 19.89 (-0.47), TWTI: 20.51 (+0.13), UCO: 9.91 (-0.46), SZO: 62.30 (+0.18), OLO: 8.11 (-0.19), DNO: 56.28 (+1.12), DBO: 15.28 (-0.42), DTO: 83.88 (+3.37), OIL: 12.21 (-0.33), UWTI: 4.58 (-0.31), BNO: 22.02 (-0.68), OLEM: 24.79 (-0.16), DWTI: 125.45 (+8.26), CRUD: 26.94 (-0.43), SCO: 79.90 (+3.38), USL: 26.35 (-0.47)
Why High Oil Prices Are Good For Us
Epoch Times - Seeking Alpha - Mon Dec 29, 1:45PM CST
By Valentin Schmid [Originally published on 12/4/2014] As the price of oil hit rock bottom at $49.69 at the wellhead in the Bakken shale region in North Dakota, the consequences for producers and consumers alike could be dire. First,...
USO: 19.89 (-0.47), UCO: 9.91 (-0.46), SZO: 62.30 (+0.18), OLO: 8.11 (-0.19), DNO: 56.28 (+1.12), DBO: 15.28 (-0.42), DTO: 83.88 (+3.37), OIL: 12.21 (-0.33), UWTI: 4.58 (-0.31), BNO: 22.02 (-0.68), OLEM: 24.79 (-0.16), DWTI: 125.45 (+8.26), CRUD: 26.94 (-0.43), SCO: 79.90 (+3.38), USL: 26.35 (-0.47)
Oil prices make new 5-year lows
Seeking Alpha - at Seeking Alpha - Mon Dec 29, 1:36PM CST
USO: 19.89 (-0.47), TWTI: 20.51 (+0.13), UCO: 9.91 (-0.46), SZO: 62.30 (+0.18), OLO: 8.11 (-0.19), DNO: 56.28 (+1.12), DBO: 15.28 (-0.42), DTO: 83.88 (+3.37), OIL: 12.21 (-0.33), UWTI: 4.58 (-0.31), BNO: 22.02 (-0.68), OLEM: 24.79 (-0.16), DWTI: 125.45 (+8.26), SCO: 79.90 (+3.38), USL: 26.35 (-0.47)
Do Falling Oil Prices Raise The Threat Of Deflation?
Econbrowser - Seeking Alpha - Mon Dec 29, 8:36AM CST
By James Hamilton The spectacular drop in oil prices means that inflation is going to fall even further below the Fed's 2% target. Does that raise any new risks for the economy? I say no, and here's why. (click to enlarge) Year-over-year...
USO: 19.89 (-0.47), TWTI: 20.51 (+0.13), UCO: 9.91 (-0.46), OLO: 8.11 (-0.19), SINF: 47.80 (unch), DTO: 83.88 (+3.37), BNO: 22.02 (-0.68), UWTI: 4.58 (-0.31), SCO: 79.90 (+3.38), CRUD: 26.94 (-0.43), RINF: 31.53 (-0.11), FINF: 42.10 (-0.12), SZO: 62.30 (+0.18), DBO: 15.28 (-0.42), DNO: 56.28 (+1.12), OIL: 12.21 (-0.33), INFL: 39.28 (+0.47), UINF: 28.31 (+0.06), OLEM: 24.79 (-0.16), DWTI: 125.45 (+8.26), DEFL: 55.77 (unch), USL: 26.35 (-0.47)
Oil rises on Libya supply worries
Seeking Alpha - at Seeking Alpha - Mon Dec 29, 3:46AM CST
USO: 19.89 (-0.47), TWTI: 20.51 (+0.13), UCO: 9.91 (-0.46), SZO: 62.30 (+0.18), OLO: 8.11 (-0.19), DNO: 56.28 (+1.12), DBO: 15.28 (-0.42), DTO: 83.88 (+3.37), OIL: 12.21 (-0.33), UWTI: 4.58 (-0.31), BNO: 22.02 (-0.68), OLEM: 24.79 (-0.16), DWTI: 125.45 (+8.26), CRUD: 26.94 (-0.43), SCO: 79.90 (+3.38), USL: 26.35 (-0.47)
Is Saudi Arabia Targeting U.S. Shales?
Richard Zeits - at Seeking Alpha - Fri Dec 26, 3:11AM CST
USO: 19.89 (-0.47), UCO: 9.91 (-0.46), OLO: 8.11 (-0.19), OIH: 35.96 (+0.04), DTO: 83.88 (+3.37), UWTI: 4.58 (-0.31), XOM: 92.83 (+0.38), BNO: 22.02 (-0.68), SCO: 79.90 (+3.38), SZO: 62.30 (+0.18), TOT: 51.16 (-0.04), DNO: 56.28 (+1.12), DBO: 15.28 (-0.42), OIL: 12.21 (-0.33), BP: 38.12 (unch), OLEM: 24.79 (-0.16), CVX: 112.58 (+0.40), DWTI: 125.45 (+8.26), USL: 26.35 (-0.47), XLE: 79.53 (+0.37)
Oasis Petroleum Hit By Fresh Bearish Oil Data
ValueWalk - at Seeking Alpha - Thu Dec 25, 9:03AM CST
By Matt Rego Crude oil seemed to have been finding some support recently, as drilling rig count was beginning to decrease and a couple weeks of decreasing supply in US oil. However, oil received another jolt lower after US crude oil inventories...
USO: 19.89 (-0.47), TWTI: 20.51 (+0.13), UCO: 9.91 (-0.46), SZO: 62.30 (+0.18), OLO: 8.11 (-0.19), DNO: 56.28 (+1.12), DBO: 15.28 (-0.42), DTO: 83.88 (+3.37), OIL: 12.21 (-0.33), UWTI: 4.58 (-0.31), BNO: 22.02 (-0.68), OLEM: 24.79 (-0.16), DWTI: 125.45 (+8.26), CRUD: 26.94 (-0.43), SCO: 79.90 (+3.38), OAS: 17.04 (+0.50), USL: 26.35 (-0.47)
Why Can't Oil Be Oil?
Joseph Calhoun - Seeking Alpha - Thu Dec 25, 8:00AM CST
By Jeffrey P. Snider For most commentary on the recent and sharp decline in oil prices, there is a serious ceteris paribus to it, especially from those that don't recognize that there are much deeper financial forces. The following is excerpted...
USO: 19.89 (-0.47), TWTI: 20.51 (+0.13), UCO: 9.91 (-0.46), SZO: 62.30 (+0.18), OLO: 8.11 (-0.19), DNO: 56.28 (+1.12), DBO: 15.28 (-0.42), DTO: 83.88 (+3.37), OIL: 12.21 (-0.33), UWTI: 4.58 (-0.31), BNO: 22.02 (-0.68), OLEM: 24.79 (-0.16), DWTI: 125.45 (+8.26), CRUD: 26.94 (-0.43), SCO: 79.90 (+3.38), USL: 26.35 (-0.47)