OIL News Alert S&P GSCI Crude Oil TR Index ETN Ipath (OIL) 10.98
Post# of 64200

Crude Oil: 3 Graphs That May Hold The Key To The Price Collapse
Richard Zeits - at Seeking Alpha - 2 hrs 57 mins ago
USO: 18.05 (-0.74), XES: 26.21 (-0.85), OIH: 33.99 (-0.51), XOP: 43.88 (-1.37), OIL: 10.98 (-0.49), XLE: 75.12 (-1.12)
Buy And Hold Complacency Has Peaked, The Saudis Still Aren't Kidding And Europe Is A Disaster Zone
Mercenary Trader - at Seeking Alpha - Tue Jan 06, 12:15PM CST
As we noted in this week's Macro View, the deep structure of markets is mean reverting and cyclical. Given the passage of time, the pendulum always swings . This matters because, for the past few years, "macro" considerations went into...
FEZ: 34.86 (-0.40), SPY: 199.82 (-1.90), GREK: 12.33 (-0.44), OIL: 10.98 (-0.49), DIA: 173.39 (-1.45), RSX: 14.16 (-0.17), FXE: 117.16 (-0.38), TLT: 131.65 (+2.33), XLE: 75.12 (-1.12)
Saudis take "sanguine" view of slumping oil prices
Seeking Alpha - at Seeking Alpha - Tue Jan 06, 10:46AM CST
USO: 18.05 (-0.74), TWTI: 20.42 (-0.09), UCO: 8.16 (-0.76), OLO: 7.32 (-0.33), DTO: 99.21 (+6.21), BNO: 19.92 (-0.78), UWTI: 3.37 (-0.46), UGA: 31.12 (-0.64), SCO: 95.37 (+6.72), SPY: 199.82 (-1.90), SZO: 68.45 (+3.45), DNO: 61.81 (+2.25), DBO: 13.82 (-0.61), OIL: 10.98 (-0.49), OLEM: 22.70 (-1.00), DWTI: 163.88 (+16.14), XLE: 75.12 (-1.12), USL: 24.30 (-0.89), UHN: 20.09 (-0.45)
iPath Goldman Sachs Crude Oil Total Return Index ETN Shares Down 53.9% Since SmarTrend's Sell Call (OIL)
Comtex SmarTrend(R) - Tue Jan 06, 9:46AM CST
SmarTrend identified a Downtrend for iPath Goldman Sachs Crude Oil Total Return Index ETN (NYSE:OIL) on July 14th, 2014 at $24.38. In approximately 6 months, iPath Goldman Sachs Crude Oil Total Return Index ETN has returned 53.89% as of today's recent price of $11.24.
OIL: 10.98 (-0.49)
Why Declining Oil Prices Are Not Unequivocally Good For The U.S. Economy
Power Hedge - at Seeking Alpha - Tue Jan 06, 9:39AM CST
USO: 18.05 (-0.74), OIL: 10.98 (-0.49), CRUD: 26.94 (-0.43), XLE: 75.12 (-1.12)
Consumer Companies Issue Most Negative Guidance Ever Despite Lower Gasoline Prices
Wolf Richter - Seeking Alpha - Tue Jan 06, 9:14AM CST
The price of oil continues to crash relentlessly. WTI trades at $49.80 as I'm writing this on Monday after hours, down 5.5% for the day, and down 54% since June 2014. The oil price plunge is eating into the American oil boom, munching on income...
PEJ: 34.66 (-0.19), OLO: 7.32 (-0.33), BNO: 19.92 (-0.78), RTH: 70.32 (-0.14), FDIS: 28.16 (-0.29), XLP: 47.95 (-0.06), PMR: 38.05 (-0.10), FSTA: 29.07 (-0.03), UGE: 92.99 (-0.85), DNO: 61.81 (+2.25), OIL: 10.98 (-0.49), UCC: 92.48 (-1.22), RCD: 85.25 (-1.20), FXD: 34.51 (-0.46), OLEM: 22.70 (-1.00), FXG: 41.73 (-0.10), IYK: 102.40 (-0.59), SCC: 13.68 (+0.13), USO: 18.05 (-0.74), VDC: 123.36 (-0.10), UCO: 8.16 (-0.76), DTO: 99.21 (+6.21), XLY: 69.56 (-0.70), IYC: 133.57 (-1.06), UWTI: 3.37 (-0.46), PBJ: 29.85 (-0.19), PEZ: 43.20 (-0.47), SCO: 95.37 (+6.72), XRT: 93.26 (-1.00), VCR: 112.51 (-1.23), SZO: 68.45 (+3.45), DBO: 13.82 (-0.61), RETL: 96.61 (-0.81), SZK: 27.50 (-0.32), PSCC: 53.04 (-0.32), RHS: 103.28 (-0.03), PSL: 49.72 (+0.02), DWTI: 163.88 (+16.14), PSCD: 49.21 (-0.85), USL: 24.30 (-0.89)
Oil, The Dollar, And The Fed: Not So Simple
Evariste Lefeuvre - at Seeking Alpha - Tue Jan 06, 8:49AM CST
OIL: 10.98 (-0.49), UUPT: 27.78 (+0.12), BARL: 26.00 (-5.55), UDN: 23.43 (-0.06), FORX: 45.30 (+0.16), UUP: 24.30 (+0.05)
Oil Falls Below 50 As Global Financial Markets Begin To Unravel
Michael T. Snyder - Seeking Alpha - Tue Jan 06, 8:46AM CST
On Monday, the price of oil fell below $50 for the first time since April 2009, and the Dow dropped 331 points. Meanwhile, the stock market declines over in Europe were even larger on a percentage basis, and the euro sank to a fresh nine-year low on...
3 Comments
USO: 18.05 (-0.74), UCO: 8.16 (-0.76), SZO: 68.45 (+3.45), OLO: 7.32 (-0.33), DNO: 61.81 (+2.25), DBO: 13.82 (-0.61), DTO: 99.21 (+6.21), OIL: 10.98 (-0.49), UWTI: 3.37 (-0.46), BNO: 19.92 (-0.78), OLEM: 22.70 (-1.00), DWTI: 163.88 (+16.14), SCO: 95.37 (+6.72), USL: 24.30 (-0.89)
Euro-Dollar Exaggerates Euro's Decline
Marc Chandler - Seeking Alpha - Tue Jan 06, 8:39AM CST
The euro has declined roughly 13% against the dollar over the past six months. This is supposed to be stimulative for the eurozone economy, but it remains moribund. What gives? Part of the problem is that the bilateral exchange rate is not the...
OIL: 10.98 (-0.49), FXE: 117.16 (-0.38)
European Vacation, Anyone?
Financial Sense - Seeking Alpha - Tue Jan 06, 8:39AM CST
By Cris Sheridan The dollar continues to climb higher as capital floods to the U.S. This means lower commodity prices and lower inflation. Marc Chandler, well known foreign exchange analyst and frequent guest to the show, explained to us in 2014...
USO: 18.05 (-0.74), UCO: 8.16 (-0.76), OLO: 7.32 (-0.33), DTO: 99.21 (+6.21), BNO: 19.92 (-0.78), UWTI: 3.37 (-0.46), SCO: 95.37 (+6.72), JNK: 38.23 (-0.18), SPY: 199.82 (-1.90), SZO: 68.45 (+3.45), DBO: 13.82 (-0.61), DNO: 61.81 (+2.25), OIL: 10.98 (-0.49), OLEM: 22.70 (-1.00), DWTI: 163.88 (+16.14), USL: 24.30 (-0.89)
My Top 10 Energy Charts Of The Year For 2014
Mark J. Perry - Seeking Alpha - Tue Jan 06, 8:39AM CST
(click to enlarge) 1. US Natural Gas and Crude Oil Production . Thanks to America's shale revolution made possible by revolutionary "Made in the USA" drilling technologies, America's combined oil and natural gas output is on track...
USO: 18.05 (-0.74), DBE: 15.74 (-0.50), TWTI: 20.42 (-0.09), UCO: 8.16 (-0.76), OLO: 7.32 (-0.33), DTO: 99.21 (+6.21), RGRE: 17.33 (-0.42), BNO: 19.92 (-0.78), UWTI: 3.37 (-0.46), UBN: 9.35 (+0.01), SCO: 95.37 (+6.72), RJN: 3.61 (-0.11), SZO: 68.45 (+3.45), DBO: 13.82 (-0.61), DNO: 61.81 (+2.25), OIL: 10.98 (-0.49), ONG: 26.11 (unch), JJE: 9.47 (-0.26), OLEM: 22.70 (-1.00), DWTI: 163.88 (+16.14), USL: 24.30 (-0.89)
This Oil Thing Is The Real Deal
Ilargi - Seeking Alpha - Tue Jan 06, 8:09AM CST
Well! WTI below $50 and Brent below $53 when I start writing this. Who knows where they'll be by the time I'm finished?! The euro down below $1.20, US stocks flirting with -2%, major European ones off -3%, Italy and Greece over -5%. Welcome to the...
2 Comments
USO: 18.05 (-0.74), TWTI: 20.42 (-0.09), UCO: 8.16 (-0.76), SZO: 68.45 (+3.45), OLO: 7.32 (-0.33), DNO: 61.81 (+2.25), DBO: 13.82 (-0.61), DTO: 99.21 (+6.21), OIL: 10.98 (-0.49), UWTI: 3.37 (-0.46), BNO: 19.92 (-0.78), OLEM: 22.70 (-1.00), DWTI: 163.88 (+16.14), SCO: 95.37 (+6.72), USL: 24.30 (-0.89)
Oil Continues To Plunge, Equities Slip, Yen Rises
Marc Chandler - Seeking Alpha - Tue Jan 06, 5:58AM CST
Oil prices are tumbling with Brent approaching $51 and WTI near $48.5. This follows yesterday's announcement by Saudi Arabia of deeper discounts next month for the US and Europe. This was seen as a further confirmation that it adheres to its market...
FXA: 80.99 (+0.08), FXB: 148.81 (-1.01), FXY: 82.11 (+0.80), OIL: 10.98 (-0.49), FXE: 117.16 (-0.38), UUP: 24.30 (+0.05)
Energy: Fourth Quarter Review And The Outlook For 2015
Andrew Hecht - at Seeking Alpha - Tue Jan 06, 5:30AM CST
USO: 18.05 (-0.74), DBE: 15.74 (-0.50), KOLD: 81.10 (-0.41), UCO: 8.16 (-0.76), DIG: 48.67 (-1.44), UNG: 14.93 (+0.06), DTO: 99.21 (+6.21), XOM: 89.81 (-0.48), SCO: 95.37 (+6.72), VLO: 47.68 (-0.59), DGAZ: 7.69 (-0.10), DBO: 13.82 (-0.61), NAT: 10.69 (+0.46), OIL: 10.98 (-0.49), UGAZ: 4.02 (+0.05), GAZ: 2.03 (+0.03), BOIL: 15.75 (+0.03), XLE: 75.12 (-1.12)
Is oil below $50 the new normal?
Seeking Alpha - at Seeking Alpha - Tue Jan 06, 2:00AM CST
USO: 18.05 (-0.74), TWTI: 20.42 (-0.09), UCO: 8.16 (-0.76), SZO: 68.45 (+3.45), OLO: 7.32 (-0.33), DNO: 61.81 (+2.25), DBO: 13.82 (-0.61), DTO: 99.21 (+6.21), OIL: 10.98 (-0.49), UWTI: 3.37 (-0.46), BNO: 19.92 (-0.78), OLEM: 22.70 (-1.00), DWTI: 163.88 (+16.14), SCO: 95.37 (+6.72), USL: 24.30 (-0.89)
Greece And Oil Grease The Path: Dollar-Euro Parity In 2015
Andrew Hecht - at Seeking Alpha - Mon Jan 05, 5:29PM CST
USO: 18.05 (-0.74), ULE: 19.27 (-0.11), GREK: 12.33 (-0.44), URR: 21.48 (-0.16), UUPT: 27.78 (+0.12), BNO: 19.92 (-0.78), EUO: 22.33 (+0.14), UUP: 24.30 (+0.05), USDU: 27.35 (+0.04), OIL: 10.98 (-0.49), FXE: 117.16 (-0.38), UDN: 23.43 (-0.06), ERO: 45.44 (-0.06), FORX: 45.30 (+0.16), EUFX: 40.77 (+0.17), DRR: 51.65 (+0.61), UDNT: 11.50 (-0.09)
Bakken - Let's Do The Math
Ron Patterson - Seeking Alpha - Mon Jan 05, 4:43PM CST
There has been considerable dispute over how many new wells required to keep production flat in the Bakken and Eagle Ford. One college professor posted figures that showed it would take 114 rigs in the Bakken and 175 in Eagle Ford to keep...
USO: 18.05 (-0.74), UCO: 8.16 (-0.76), SZO: 68.45 (+3.45), OLO: 7.32 (-0.33), DNO: 61.81 (+2.25), DBO: 13.82 (-0.61), DTO: 99.21 (+6.21), OIL: 10.98 (-0.49), UWTI: 3.37 (-0.46), BNO: 19.92 (-0.78), OLEM: 22.70 (-1.00), DWTI: 163.88 (+16.14), SCO: 95.37 (+6.72), USL: 24.30 (-0.89)
Shale Oil Boom Uncertain In Wake Of Falling Oil Prices
Global Risk Insights - Seeking Alpha - Mon Jan 05, 4:26PM CST
No state in the U.S. has benefited more from the shale oil boom than North Dakota. Just as quickly as the transformation came, it could disappear with low oil prices. Since 2005, North Dakota's oil production has expanded ninefold to make it the...
USO: 18.05 (-0.74), UCO: 8.16 (-0.76), SZO: 68.45 (+3.45), OLO: 7.32 (-0.33), DNO: 61.81 (+2.25), DBO: 13.82 (-0.61), DTO: 99.21 (+6.21), OIL: 10.98 (-0.49), UWTI: 3.37 (-0.46), BNO: 19.92 (-0.78), OLEM: 22.70 (-1.00), DWTI: 163.88 (+16.14), SCO: 95.37 (+6.72), USL: 24.30 (-0.89)
U.S. rig count plunges in past week but still exceeds year-ago count
Seeking Alpha - at Seeking Alpha - Mon Jan 05, 2:29PM CST
USO: 18.05 (-0.74), TWTI: 20.42 (-0.09), UCO: 8.16 (-0.76), SZO: 68.45 (+3.45), OLO: 7.32 (-0.33), DNO: 61.81 (+2.25), DBO: 13.82 (-0.61), DTO: 99.21 (+6.21), OIL: 10.98 (-0.49), UWTI: 3.37 (-0.46), BNO: 19.92 (-0.78), OLEM: 22.70 (-1.00), DWTI: 163.88 (+16.14), SCO: 95.37 (+6.72), USL: 24.30 (-0.89), BHI: 54.99 (-0.17)




