Oil-Dependent Economies Shouldn't Bet Against Innovation
Cullen Roche - Seeking Alpha - 3 mins ago
Last January, I said: "I look forward to the time when oil prices collapse under the grip of energy innovation. Hope it happens in my lifetime." So, the question is, are we beginning to see that collapse? I don't think so quite yet. For...
USO: 17.41 (-0.87), UCO: 7.56 (-0.80), SZO: 69.50 (+3.37), OLO: 6.98 (-0.35), DNO: 64.00 (+2.98), DBO: 13.27 (-0.73), DTO: 104.23 (+7.14), OIL: 10.47 (-0.65), UWTI: 2.95 (-0.51), BNO: 18.68 (-0.98), OLEM: 22.28 (-0.40), DWTI: 181.01 (+23.40), SCO: 102.00 (+9.16), USL: 23.59 (-0.95)
Brent crude falls below $50 as Goldman cuts outlook
Seeking Alpha - at Seeking Alpha - Mon Jan 12, 7:18AM CST
USO: 17.41 (-0.87), TWTI: 20.40 (+0.02), UCO: 7.56 (-0.80), SZO: 69.50 (+3.37), OLO: 6.98 (-0.35), DNO: 64.00 (+2.98), DBO: 13.27 (-0.73), DTO: 104.23 (+7.14), OIL: 10.47 (-0.65), UWTI: 2.95 (-0.51), BNO: 18.68 (-0.98), OLEM: 22.28 (-0.40), DWTI: 181.01 (+23.40), SCO: 102.00 (+9.16), USL: 23.59 (-0.95)
A Crude Oil Bottom: Where To Look For Clues
Andrew Hecht - at Seeking Alpha - Mon Jan 12, 5:55AM CST
USO: 17.41 (-0.87), UCO: 7.56 (-0.80), OLO: 6.98 (-0.35), DTO: 104.23 (+7.14), BNO: 18.68 (-0.98), UWTI: 2.95 (-0.51), UGA: 29.48 (-0.92), SCO: 102.00 (+9.16), SZO: 69.50 (+3.37), DNO: 64.00 (+2.98), DBO: 13.27 (-0.73), OIL: 10.47 (-0.65), OLEM: 22.28 (-0.40), DWTI: 181.01 (+23.40), XLE: 74.16 (-2.20), USL: 23.59 (-0.95)
Iran, Venezuela accuse 'enemies' of using crude as a political weapon
Seeking Alpha - at Seeking Alpha - Sun Jan 11, 9:00AM CST
USO: 17.41 (-0.87), TWTI: 20.40 (+0.02), UCO: 7.56 (-0.80), SZO: 69.50 (+3.37), OLO: 6.98 (-0.35), DNO: 64.00 (+2.98), DBO: 13.27 (-0.73), DTO: 104.23 (+7.14), OIL: 10.47 (-0.65), UWTI: 2.95 (-0.51), BNO: 18.68 (-0.98), OLEM: 22.28 (-0.40), DWTI: 181.01 (+23.40), SCO: 102.00 (+9.16), USL: 23.59 (-0.95)
Oil, Markets, Volatility
David Kotok - Seeking Alpha - Sun Jan 11, 4:03AM CST
Editor's note: Originally published on January 6, 2015 Sharply lower oil prices have occasioned a huge discussion about their impact. We see it play out daily in newspapers, on TV and radio, at websites, on blogs, and in market letters. The range...
USO: 17.41 (-0.87), DBE: 15.15 (-0.66), UCO: 7.56 (-0.80), OLO: 6.98 (-0.35), DTO: 104.23 (+7.14), RGRE: 15.70 (-1.63), BNO: 18.68 (-0.98), UWTI: 2.95 (-0.51), UBN: 9.07 (+0.02), SCO: 102.00 (+9.16), RJN: 3.46 (-0.17), SZO: 69.50 (+3.37), DBO: 13.27 (-0.73), DNO: 64.00 (+2.98), OIL: 10.47 (-0.65), ONG: 23.30 (unch), JJE: 9.07 (-0.50), OLEM: 22.28 (-0.40), DWTI: 181.01 (+23.40), USL: 23.59 (-0.95)
U.S. rig count plunges 61 units in last week, Baker Hughes survey says
Seeking Alpha - at Seeking Alpha - Fri Jan 09, 2:48PM CST
USO: 17.41 (-0.87), TWTI: 20.40 (+0.02), UCO: 7.56 (-0.80), SZO: 69.50 (+3.37), OLO: 6.98 (-0.35), DNO: 64.00 (+2.98), DBO: 13.27 (-0.73), DTO: 104.23 (+7.14), OIL: 10.47 (-0.65), UWTI: 2.95 (-0.51), BNO: 18.68 (-0.98), OLEM: 22.28 (-0.40), DWTI: 181.01 (+23.40), SCO: 102.00 (+9.16), USL: 23.59 (-0.95), BHI: 55.09 (-1.38)
Oil Price Drop Starting To Impact Canada
Hale Stewart - Seeking Alpha - Thu Jan 08, 3:04PM CST
Several economic statistics released over the last few days have indicated the energy slowdown is negatively impacting Canada. Let's start with exports , which decreased 3.5%. However, the real story was the drop in energy related goods: Exports...
USO: 17.41 (-0.87), UCO: 7.56 (-0.80), SZO: 69.50 (+3.37), OLO: 6.98 (-0.35), DNO: 64.00 (+2.98), DBO: 13.27 (-0.73), DTO: 104.23 (+7.14), EWC: 27.20 (-0.44), OIL: 10.47 (-0.65), UWTI: 2.95 (-0.51), BNO: 18.68 (-0.98), OLEM: 22.28 (-0.40), DWTI: 181.01 (+23.40), SCO: 102.00 (+9.16), USL: 23.59 (-0.95)
The Economic Impact Of Lower Oil Prices On Leading Exporting Countries
Elliott R. Morss - Seeking Alpha - Thu Jan 08, 12:34PM CST
Elliott R. Morss, Ph.D. ©All Rights Reserved Introduction We think of oil exporting countries as financially sound with significant international reserves. And this is certainly valid for most of the Middle East sheikhdoms. But there are...
USO: 17.41 (-0.87), QCAN: 54.37 (-0.76), OIL: 10.47 (-0.65), SCO: 102.00 (+9.16)
Oil trader Hall sees $40 oil as "absolute price floor"
Seeking Alpha - at Seeking Alpha - Thu Jan 08, 10:09AM CST
USO: 17.41 (-0.87), TWTI: 20.40 (+0.02), UCO: 7.56 (-0.80), SZO: 69.50 (+3.37), OLO: 6.98 (-0.35), DNO: 64.00 (+2.98), DBO: 13.27 (-0.73), DTO: 104.23 (+7.14), OIL: 10.47 (-0.65), UWTI: 2.95 (-0.51), BNO: 18.68 (-0.98), OLEM: 22.28 (-0.40), DWTI: 181.01 (+23.40), SCO: 102.00 (+9.16), USL: 23.59 (-0.95)
The ARBS See Crude Oil This Way
Peter F. Way, CFA - at Seeking Alpha - Thu Jan 08, 7:42AM CST
USO: 17.41 (-0.87), UCO: 7.56 (-0.80), SPY: 202.65 (-1.60), DNO: 64.00 (+2.98), OIL: 10.47 (-0.65), BNO: 18.68 (-0.98), SCO: 102.00 (+9.16), USL: 23.59 (-0.95)
What Falling Oil Prices Mean For Home Prices
Trulia - at Seeking Alpha - Thu Jan 08, 5:40AM CST
The recent plunge in oil prices could cause home prices to slip in the oil-producing markets of Texas, Oklahoma, Louisiana, and elsewhere. But it typically takes two years for oil prices to fully affect home prices in those markets. At the same time,...
USO: 17.41 (-0.87), UCO: 7.56 (-0.80), PKB: 21.06 (-0.18), OLO: 6.98 (-0.35), DTO: 104.23 (+7.14), BNO: 18.68 (-0.98), UWTI: 2.95 (-0.51), SCO: 102.00 (+9.16), SZO: 69.50 (+3.37), XHB: 35.08 (+0.15), DNO: 64.00 (+2.98), DBO: 13.27 (-0.73), OIL: 10.47 (-0.65), ITB: 26.67 (+0.06), OLEM: 22.28 (-0.40), DWTI: 181.01 (+23.40), USL: 23.59 (-0.95)
Oil Prices, Rig Count, And The Economic Impact
Lance Roberts - Seeking Alpha - Wed Jan 07, 5:26PM CST
A few years ago I spent a good deal of time overseas. When you travel for an extended period, it is always interesting to begin to understand the perception that people in other parts of the world have about where you come from. When I was living and...
USO: 17.41 (-0.87), UCO: 7.56 (-0.80), SZO: 69.50 (+3.37), OLO: 6.98 (-0.35), DNO: 64.00 (+2.98), DBO: 13.27 (-0.73), DTO: 104.23 (+7.14), OIL: 10.47 (-0.65), UWTI: 2.95 (-0.51), BNO: 18.68 (-0.98), OLEM: 22.28 (-0.40), DWTI: 181.01 (+23.40), SCO: 102.00 (+9.16), USL: 23.59 (-0.95)
Oil-Bust Bloodletting: Projects Cancelled, Layoffs Ripple To Other Areas, Default Hits Private Equity And Pension Funds
Wolf Richter - Seeking Alpha - Wed Jan 07, 5:22PM CST
Drilling for oil these days is all about endless amounts of no-questions-asked cheap money. And now, as the price of oil plunges relentlessly, the cheap money is drying up faster than ceiling paint. WTI traded at $46.90 Tuesday evening. Down 56%...
USO: 17.41 (-0.87), UCO: 7.56 (-0.80), SZO: 69.50 (+3.37), OLO: 6.98 (-0.35), DNO: 64.00 (+2.98), DBO: 13.27 (-0.73), DTO: 104.23 (+7.14), OIL: 10.47 (-0.65), UWTI: 2.95 (-0.51), BNO: 18.68 (-0.98), OLEM: 22.28 (-0.40), DWTI: 181.01 (+23.40), SCO: 102.00 (+9.16), USL: 23.59 (-0.95)
Oil Inventories Drop More Than Expected, Less Bullish Than It Would Seem
Josh Young - at Seeking Alpha - Wed Jan 07, 1:59PM CST
USO: 17.41 (-0.87), TWTI: 20.40 (+0.02), UCO: 7.56 (-0.80), OIH: 32.59 (-1.29), OLO: 6.98 (-0.35), XOP: 43.10 (-2.16), DTO: 104.23 (+7.14), UWTI: 2.95 (-0.51), BNO: 18.68 (-0.98), UGA: 29.48 (-0.92), SCO: 102.00 (+9.16), SZO: 69.50 (+3.37), DBO: 13.27 (-0.73), DNO: 64.00 (+2.98), OIL: 10.47 (-0.65), OLEM: 22.28 (-0.40), DWTI: 181.01 (+23.40), XLE: 74.16 (-2.20), USL: 23.59 (-0.95), UHN: 19.45 (-0.54)
Oil Turnaround: Timing The US Production Peak
Douglas Ryan - at Seeking Alpha - Wed Jan 07, 1:24PM CST
UCO: 7.56 (-0.80), OIL: 10.47 (-0.65), SCO: 102.00 (+9.16)
Oil gives up gains after mixed inventory data
Seeking Alpha - at Seeking Alpha - Wed Jan 07, 9:53AM CST
USO: 17.41 (-0.87), TWTI: 20.40 (+0.02), UCO: 7.56 (-0.80), OLO: 6.98 (-0.35), DTO: 104.23 (+7.14), BNO: 18.68 (-0.98), UWTI: 2.95 (-0.51), UGA: 29.48 (-0.92), SCO: 102.00 (+9.16), SZO: 69.50 (+3.37), DNO: 64.00 (+2.98), DBO: 13.27 (-0.73), OIL: 10.47 (-0.65), OLEM: 22.28 (-0.40), DWTI: 181.01 (+23.40), USL: 23.59 (-0.95), UHN: 19.45 (-0.54)
This Era Of Low-Cost Oil Is Different
Mohamed El-Erian - Seeking Alpha - Wed Jan 07, 9:48AM CST
This post originally appeared on Bloomberg View . Having seen numerous fluctuations in the energy markets over the years, many analysts and policy makers have a natural tendency to “look through” the latest drop in oil prices -- that...
USO: 17.41 (-0.87), UCO: 7.56 (-0.80), SZO: 69.50 (+3.37), OLO: 6.98 (-0.35), DNO: 64.00 (+2.98), DBO: 13.27 (-0.73), DTO: 104.23 (+7.14), OIL: 10.47 (-0.65), UWTI: 2.95 (-0.51), BNO: 18.68 (-0.98), OLEM: 22.28 (-0.40), DWTI: 181.01 (+23.40), SCO: 102.00 (+9.16), USL: 23.59 (-0.95)
Brent crude slides under $50/bbl
Seeking Alpha - at Seeking Alpha - Wed Jan 07, 2:15AM CST
USO: 17.41 (-0.87), TWTI: 20.40 (+0.02), UCO: 7.56 (-0.80), SZO: 69.50 (+3.37), OLO: 6.98 (-0.35), DNO: 64.00 (+2.98), DBO: 13.27 (-0.73), DTO: 104.23 (+7.14), OIL: 10.47 (-0.65), UWTI: 2.95 (-0.51), BNO: 18.68 (-0.98), OLEM: 22.28 (-0.40), DWTI: 181.01 (+23.40), SCO: 102.00 (+9.16), USL: 23.59 (-0.95)
Oil Production Vital Statistics - January 2015
Euan Mearns - Seeking Alpha - Wed Jan 07, 1:44AM CST
This is the first in a monthly series of posts chronicling the action in the global oil market in 12 key charts. The oil price crash of 2014/15 is following the same pace of the 2008 crash. The 2008 crash was demand driven and began 2 months ahead...
USO: 17.41 (-0.87), UCO: 7.56 (-0.80), SZO: 69.50 (+3.37), OLO: 6.98 (-0.35), DNO: 64.00 (+2.98), DBO: 13.27 (-0.73), DTO: 104.23 (+7.14), OIL: 10.47 (-0.65), UWTI: 2.95 (-0.51), BNO: 18.68 (-0.98), OLEM: 22.28 (-0.40), DWTI: 181.01 (+23.40), SCO: 102.00 (+9.16), USL: 23.59 (-0.95)
How To Play A Bounce In Oil. Hint: Not USO
Jeff Malec - Seeking Alpha - Tue Jan 06, 1:25PM CST
It's the first (real) week back from holiday break, but the story is the same as it was before Christmas, and before Thanksgiving for that matter…. Crude Oil continues to fall like a lead oil filled balloon, falling below the $50 mark on...
TSLA: 202.21 (-4.45), USO: 17.41 (-0.87), UCO: 7.56 (-0.80), ERX: 49.16 (-4.64), DTO: 104.23 (+7.14), DWTI: 181.01 (+23.40), SCO: 102.00 (+9.16), XLE: 74.16 (-2.20)