US Oil (USO) 19.01 $USO Crude Oil, The Key To F
Post# of 64074
Crude Oil, The Key To Future Aluminum Price Drops, Though Metal's Value Still Holds Better Than Others
MetalMiner - Seeking Alpha - 1 hr 20 mins ago
By Raul de Frutos MetalMiner's monthly aluminum price index, the Aluminum MMI ® , fell to 87 in March, a decrease of 2.2% from 89 in February. Aluminum price drops nearly across the board - namely the LME aluminum 3-month price which fell to...
USO: 19.01 (+0.52), FOIL: 26.33 (-0.26), OIL: 11.53 (+0.35), JJU: 17.49 (+0.17)
Crude Remains Volatile Following Inventory Report, Demand Should Increase
at The Street - 2 hrs 34 mins ago
Mike McPartland of McNamara Options says that oil prices remain range-bound between $48 and $55 despite volatility following the supply build revealed in this week’s inventory report.
USO: 19.01 (+0.52), UCO: 8.66 (+0.32), OIH: 34.97 (+0.06), XOP: 50.86 (+0.27), XLE: 78.65 (-0.11)
The U.S. Oil Market Remains Loose - What Does It Mean For USO?
Lior Cohen - at Seeking Alpha - Wed Mar 04, 1:19PM CST
USO: 19.01 (+0.52), CHK: 15.49 (-0.71), APC: 83.35 (+0.57)
Crude futures decline after inventory data
Seeking Alpha - at Seeking Alpha - Wed Mar 04, 9:31AM CST
USO: 19.01 (+0.52), UCO: 8.66 (+0.32), SZO: 64.52 (+0.98), OLO: 7.43 (-0.08), DNO: 55.53 (-1.61), DBO: 14.55 (-0.13), DTO: 88.70 (-5.15), OIL: 11.53 (+0.35), UWTI: 3.29 (+0.26), BNO: 22.69 (-0.25), OLEM: 24.39 (-0.07), DWTI: 100.08 (-9.03), SCO: 72.07 (-2.84), USL: 26.14 (-0.02)
Crude Parallels
Joseph Calhoun - Seeking Alpha - Wed Mar 04, 6:26AM CST
By Jeffrey P. Snider The Great Recession was seven years ago, so it might seem appropriate that our memories of the specific nature and order of events is lost to time. However, given that it will be a seminal event in history (hopefully not...
USO: 19.01 (+0.52), UCO: 8.66 (+0.32), SZO: 64.52 (+0.98), OLO: 7.43 (-0.08), DNO: 55.53 (-1.61), DBO: 14.55 (-0.13), DTO: 88.70 (-5.15), OIL: 11.53 (+0.35), UWTI: 3.29 (+0.26), BNO: 22.69 (-0.25), OLEM: 24.39 (-0.07), DWTI: 100.08 (-9.03), SCO: 72.07 (-2.84), USL: 26.14 (-0.02)
Oil Production Vital Statistics - March 2015
Euan Mearns - Seeking Alpha - Wed Mar 04, 5:53AM CST
This is the third in a monthly series of posts chronicling the action in the global oil market in 13 key charts. The February 2015 post is here . EIA oil price and Baker Hughes rig count charts are updated to end February 2015, the remaining oil...
USO: 19.01 (+0.52), UCO: 8.66 (+0.32), SZO: 64.52 (+0.98), OLO: 7.43 (-0.08), DNO: 55.53 (-1.61), DBO: 14.55 (-0.13), DTO: 88.70 (-5.15), OIL: 11.53 (+0.35), UWTI: 3.29 (+0.26), BNO: 22.69 (-0.25), OLEM: 24.39 (-0.07), DWTI: 100.08 (-9.03), SCO: 72.07 (-2.84), USL: 26.14 (-0.02)
The Early Bird Gets The Worm: Using Crude Oil Production To Time A Rally In Natural Gas, Or Predict Its Doom
Force Majeure - at Seeking Alpha - Tue Mar 03, 6:01PM CST
USO: 19.01 (+0.52), UNG: 14.05 (+0.34), DGAZ: 7.02 (-0.52), UGAZ: 2.80 (+0.17), DWTI: 100.08 (-9.03)
Despite Falling Oil Prices, Texas Oil Output Surged In December To The Highest Level Since The 1970s
Mark J. Perry - Seeking Alpha - Tue Mar 03, 11:41AM CST
(click to enlarge) (click to enlarge) The Energy Information Administration (NYSEMKT: EIA ) released new state crude oil production data last week for the month of December, and one of the highlights of that monthly report is that oil...
USO: 19.01 (+0.52), UCO: 8.66 (+0.32), SZO: 64.52 (+0.98), OLO: 7.43 (-0.08), DNO: 55.53 (-1.61), DBO: 14.55 (-0.13), DTO: 88.70 (-5.15), OIL: 11.53 (+0.35), UWTI: 3.29 (+0.26), BNO: 22.69 (-0.25), OLEM: 24.39 (-0.07), DWTI: 100.08 (-9.03), SCO: 72.07 (-2.84), USL: 26.14 (-0.02)
Oil pops as Netanyahu speaks before Congress
Seeking Alpha - at Seeking Alpha - Tue Mar 03, 11:08AM CST
USO: 19.01 (+0.52), TWTI: 20.52 (+0.20), UCO: 8.66 (+0.32), OLO: 7.43 (-0.08), DTO: 88.70 (-5.15), BNO: 22.69 (-0.25), UWTI: 3.29 (+0.26), UGA: 37.83 (-0.62), SCO: 72.07 (-2.84), SZO: 64.52 (+0.98), DNO: 55.53 (-1.61), DBO: 14.55 (-0.13), OIL: 11.53 (+0.35), OLEM: 24.39 (-0.07), DWTI: 100.08 (-9.03), USL: 26.14 (-0.02), UHN: 23.18 (-0.56)
Oil: Sell Into Strength?
Philip Baker - Seeking Alpha - Tue Mar 03, 5:02AM CST
Oil (Brent crude) has been among the strongest performing commodities this year, as shown in the graph below. (This is admittedly off a low base, the price having fallen by 49% over the 2014 year.) (click to enlarge) Source: fairvalueonline ...
USO: 19.01 (+0.52), OIL: 11.53 (+0.35)
The Resurrection Of The Brent Markup
Ivan Martchev - Seeking Alpha - Tue Mar 03, 4:48AM CST
In the past five years, Brent oil futures - the benchmark in Europe and Africa - often traded at a premium to WTI crude oil futures, the U.S. benchmark. The reasons are many, but a ban on U.S. oil exports combined with surging domestic production...
USO: 19.01 (+0.52), UCO: 8.66 (+0.32), OLO: 7.43 (-0.08), DTO: 88.70 (-5.15), BNO: 22.69 (-0.25), UWTI: 3.29 (+0.26), UUP: 25.37 (+0.13), SCO: 72.07 (-2.84), SZO: 64.52 (+0.98), DBO: 14.55 (-0.13), DNO: 55.53 (-1.61), OIL: 11.53 (+0.35), OLEM: 24.39 (-0.07), DWTI: 100.08 (-9.03), USL: 26.14 (-0.02)
Energy Inventories Rise More Than Expected
Bespoke Investment Group - Seeking Alpha - Tue Mar 03, 12:19AM CST
Crude oil inventories for the latest week were higher than expected again, making it seven straight weeks of higher than expected stockpiles. The last time we saw a similar string of higher than expected inventory reports was nearly a decade ago back...
USO: 19.01 (+0.52), UCO: 8.66 (+0.32), SZO: 64.52 (+0.98), OLO: 7.43 (-0.08), DNO: 55.53 (-1.61), DBO: 14.55 (-0.13), DTO: 88.70 (-5.15), OIL: 11.53 (+0.35), UWTI: 3.29 (+0.26), BNO: 22.69 (-0.25), OLEM: 24.39 (-0.07), DWTI: 100.08 (-9.03), SCO: 72.07 (-2.84), USL: 26.14 (-0.02)
Can Oil Prices Predict A Global Financial Crisis?
Juan Carlos Zuleta - at Seeking Alpha - Mon Mar 02, 9:31PM CST
USO: 19.01 (+0.52), SPY: 210.23 (-0.89), OIL: 11.53 (+0.35)
States Feel Impact Of Oil Price Collapse
AllianceBernstein - Seeking Alpha - Mon Mar 02, 12:13PM CST
By Joseph Rosenblum Crude oil prices have fallen sharply since last summer, a bright spot for American consumers. Major oil-producing states aren't as happy, because the loss in tax revenue is impacting budgets and economies. Some states will face...
USO: 19.01 (+0.52), OIL: 11.53 (+0.35)
Falling Rig Count Is A Harbinger Of Normalization In Crude Oil Supply And Demand
A Farmer - at Seeking Alpha - Mon Mar 02, 10:37AM CST
USO: 19.01 (+0.52), UCO: 8.66 (+0.32), SZO: 64.52 (+0.98), OLO: 7.43 (-0.08), DNO: 55.53 (-1.61), DBO: 14.55 (-0.13), DTO: 88.70 (-5.15), OIL: 11.53 (+0.35), UWTI: 3.29 (+0.26), BNO: 22.69 (-0.25), OLEM: 24.39 (-0.07), DWTI: 100.08 (-9.03), SCO: 72.07 (-2.84), USL: 26.14 (-0.02)
Cushing Will Fill Up - Will It Cause WTI Crude Oil Prices To Drop? A Look At 2012
Douglas Ryan - at Seeking Alpha - Mon Mar 02, 10:12AM CST
USO: 19.01 (+0.52), TWTI: 20.52 (+0.20), UCO: 8.66 (+0.32), SZO: 64.52 (+0.98), OLO: 7.43 (-0.08), OIH: 34.97 (+0.06), DNO: 55.53 (-1.61), DBO: 14.55 (-0.13), OIL: 11.53 (+0.35), WTI: 5.83 (+0.01), SCO: 72.07 (-2.84), DWTI: 100.08 (-9.03), USL: 26.14 (-0.02)
Oil: Refining Is King - It's More Than The Strike
Andrew Hecht - at Seeking Alpha - Mon Mar 02, 5:21AM CST
USO: 19.01 (+0.52), UCO: 8.66 (+0.32), OLO: 7.43 (-0.08), DTO: 88.70 (-5.15), BNO: 22.69 (-0.25), UWTI: 3.29 (+0.26), SCO: 72.07 (-2.84), VLO: 59.08 (-1.00), SZO: 64.52 (+0.98), MPC: 102.01 (-0.76), DNO: 55.53 (-1.61), DBO: 14.55 (-0.13), OIL: 11.53 (+0.35), OLEM: 24.39 (-0.07), DWTI: 100.08 (-9.03), XLE: 78.65 (-0.11), USL: 26.14 (-0.02)
Gasoline: A Bull Market And It's Not Even Driving Season
Andrew Hecht - at Seeking Alpha - Mon Mar 02, 5:06AM CST
USO: 19.01 (+0.52), UCO: 8.66 (+0.32), OLO: 7.43 (-0.08), DTO: 88.70 (-5.15), BNO: 22.69 (-0.25), UWTI: 3.29 (+0.26), UGA: 37.83 (-0.62), SCO: 72.07 (-2.84), SZO: 64.52 (+0.98), DNO: 55.53 (-1.61), DBO: 14.55 (-0.13), OIL: 11.53 (+0.35), OLEM: 24.39 (-0.07), DWTI: 100.08 (-9.03), XLE: 78.65 (-0.11), USL: 26.14 (-0.02)
Energy Industry Weekly Update - Is U.S. Crude Oil Production Related To Rotary Rig Count?
Adrian Wong - Seeking Alpha - Mon Mar 02, 3:28AM CST
It would seem reasonable to assume that fewer rotary rigs drilling would equate to lower crude oil production. The first chart below shows U.S. production versus rotary rig count. At first glance, the loose correlation of 43.80% between rotary rig...
OLO: 7.43 (-0.08), OIH: 34.97 (+0.06), BNO: 22.69 (-0.25), DUG: 52.53 (+0.20), PXJ: 16.94 (+0.03), ERY: 20.04 (+0.08), ERX: 57.13 (-0.21), FXN: 21.63 (-0.05), DNO: 55.53 (-1.61), OIL: 11.53 (+0.35), OLEM: 24.39 (-0.07), RYE: 67.57 (-0.11), XLE: 78.65 (-0.11), VDE: 110.64 (-0.29), USO: 19.01 (+0.52), UCO: 8.66 (+0.32), DDG: 26.01 (+0.22), DIG: 52.36 (-0.19), DTO: 88.70 (-5.15), UWTI: 3.29 (+0.26), SCO: 72.07 (-2.84), IYE: 44.43 (-0.09), FENY: 22.62 (-0.05), SZO: 64.52 (+0.98), DBO: 14.55 (-0.13), DWTI: 100.08 (-9.03), USL: 26.14 (-0.02)
Weekly Indicators: Warning Of A Poor Q1 GDP Edition
Hale Stewart - at Seeking Alpha - Sun Mar 01, 1:19PM CST
In the rear view mirror, 4th quarter GDP was revised down slightly, mainly due to less inventory accumulation than initially reported. Monthly January reports included CPI, down big; two consumer confidence measures, one up and one down, but both...
XLB: 51.37 (-0.18), USO: 19.01 (+0.52), SPY: 210.23 (-0.89), IYT: 162.26 (-0.60)