3X Long Crude ETN Velocityshares (UWTI) 3.29 $UWTI
Post# of 64074
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)
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)
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)
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)
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)
Petroleum Supply Monthly
Ron Patterson - Seeking Alpha - Sun Mar 01, 9:53AM CST
The EIA has published their Petroleum Supply Monthly with all US production numbers through December 2014. The chart below shows the largest changes in December and Yearly production. Almost every state had a production increase. The largest...
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)
Future Implications Of Oil Prices
Michael Passante - Seeking Alpha - Sun Mar 01, 5:38AM CST
Over the course of the past month and a half, oil prices have somewhat stabilized despite experiencing a healthy amount of day to day volatility. In late December, prices reached a short term low of $43 and have bounced back to near $50 per barrel....
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 Fracking Bust Exacts Its Pound Of Flesh
Wolf Richter - Seeking Alpha - Sun Mar 01, 5:03AM CST
Breathtaking booms and obliterating busts have made the oil and gas business. Booms draw money, which begets more money, which allows for technologies to be invented or perfected, and it builds enthusiasm that turns into blind faith among investors,...
DCNG: 20.72 (-0.28), USO: 19.01 (+0.52), KOLD: 80.16 (-3.85), UCO: 8.66 (+0.32), OLO: 7.43 (-0.08), UNG: 14.05 (+0.34), DTO: 88.70 (-5.15), UWTI: 3.29 (+0.26), BNO: 22.69 (-0.25), SCO: 72.07 (-2.84), SZO: 64.52 (+0.98), DNO: 55.53 (-1.61), DGAZ: 7.02 (-0.52), DBO: 14.55 (-0.13), OIL: 11.53 (+0.35), UGAZ: 2.80 (+0.17), BOIL: 13.08 (+0.57), GAZ: 1.46 (+0.03), UNL: 13.12 (+0.17), OLEM: 24.39 (-0.07), DWTI: 100.08 (-9.03), USL: 26.14 (-0.02)
Oil drops nearly $1 as pace of rig count declines slows
Seeking Alpha - at Seeking Alpha - Fri Feb 27, 12:21PM 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)
Brent poised for biggest monthly gain since 2009
Seeking Alpha - at Seeking Alpha - Fri Feb 27, 2:53AM 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), 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)
OPEC's Influence Has Long Been Exaggerated
Global Risk Insights - Seeking Alpha - Fri Feb 27, 1:07AM CST
The nearly 50% decline in oil prices questions the future of the Organization of the Petroleum Exporting Countries (OPEC) and casts doubt on its ability to influence prices. However, the role of OPEC has historically been overplayed, and the latest...
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)
3 Strategies To Capitalize On The Impending Rally In Crude Oil While Avoiding Contango
Force Majeure - at Seeking Alpha - Thu Feb 26, 6:00PM CST
USO: 19.01 (+0.52), ERY: 20.04 (+0.08), ERX: 57.13 (-0.21), UWTI: 3.29 (+0.26), DWTI: 100.08 (-9.03), USL: 26.14 (-0.02), XLE: 78.65 (-0.11)
Oil's February gains erased
Seeking Alpha - at Seeking Alpha - Thu Feb 26, 1:48PM 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)
Crude Oil: Is Geopolitical Risk Making A Comeback?
The Panoramic View - at Seeking Alpha - Thu Feb 26, 11:57AM 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)