Ultrashort DJ-UBS Crude Oil Proshares (SCO) 77.03
Post# of 64072
Posted On: 03/08/2015 6:08:16 PM
Ultrashort DJ-UBS Crude Oil Proshares (SCO) 77.03 $SCO
This Chart Shows The True Collapse Of Fracking In The U.S.
Wolf Richter - Seeking Alpha - 1 hr 24 mins ago
"People need to kinda settle in for a while." That's what Exxon Mobil (NYSE: XOM ) CEO Rex Tillerson said about the low price of oil at the company's investor conference. "I see a lot of supply out there." So Exxon is going to...
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
Energy Industry Weekly Update: Is World Crude Oil Production Related To World Rotary Rig Count?
Adrian Wong - Seeking Alpha - 2 hrs 22 mins ago
Last week, I looked at how U.S. rotary rig count declines didn't necessarily translate into lower U.S. crude oil production . This week we will look at the same two figures on the world level in the two exhibits below. I'm glad to report a strong...
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), OLO: 7.31 (-0.05), DTO: 96.27 (+4.72), BNO: 22.40 (-0.34), UWTI: 2.91 (-0.24), SCO: 77.03 (+3.45), SZO: 65.12 (+2.50), DBO: 14.32 (-0.17), DNO: 57.86 (+1.41), OIL: 11.03 (-0.31), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), XLE: 76.78 (-1.40), USL: 25.57 (-0.48)
World Rig Counts Declining
Ron Patterson - at Seeking Alpha - Sat Mar 07, 1:26PM CST
The weekly Baker Hughes Rig Count for North America and the international monthly rig count is out. In the charts below, the monthly data is through February 2015 and the weekly data is as of March 6th. (click to enlarge) World Rig Count,...
OLO: 7.31 (-0.05), OIH: 34.14 (-0.83), BNO: 22.40 (-0.34), DUG: 54.83 (+1.79), PXJ: 16.54 (-0.37), ERY: 21.48 (+1.09), ERX: 53.11 (-3.01), FXN: 21.17 (-0.41), DNO: 57.86 (+1.41), OIL: 11.03 (-0.31), OLEM: 24.39 (unch), RYE: 65.78 (-1.56), XLE: 76.78 (-1.40), VDE: 108.28 (-1.83), USO: 18.24 (-0.47), UCO: 8.11 (-0.37), DDG: 26.63 (+0.55), DIG: 50.04 (-1.78), DTO: 96.27 (+4.72), UWTI: 2.91 (-0.24), SCO: 77.03 (+3.45), IYE: 43.40 (-0.77), FENY: 22.12 (-0.38), SZO: 65.12 (+2.50), DBO: 14.32 (-0.17), DWTI: 112.51 (+7.55), USL: 25.57 (-0.48)
Where Do We Put All This Oil?
Jeff Malec - Seeking Alpha - Sat Mar 07, 7:58AM CST
For the first time in forever, our nation is presented with a problem we wish we had in the past… where do we put all the oil? Think about it, some might argue that wars have been started over how much oil we have. Bloomberg is out with a...
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
Delay seen in oil price recovery, as increasingly the rock is the storage
Seeking Alpha - at Seeking Alpha - Fri Mar 06, 4:57PM CST
USO: 18.24 (-0.47), TWTI: 20.60 (+0.10), CLR: 42.80 (-1.30), UCO: 8.11 (-0.37), OLO: 7.31 (-0.05), DTO: 96.27 (+4.72), CNQ: 29.71 (-1.19), BNO: 22.40 (-0.34), UWTI: 2.91 (-0.24), SCO: 77.03 (+3.45), SZO: 65.12 (+2.50), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), EOG: 88.57 (-1.02), OIL: 11.03 (-0.31), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), USL: 25.57 (-0.48), APC: 81.73 (-1.11)
U.S. rig count posts 13th consecutive weekly decline
Seeking Alpha - at Seeking Alpha - Fri Mar 06, 12:19PM CST
USO: 18.24 (-0.47), TWTI: 20.60 (+0.10), UCO: 8.11 (-0.37), OLO: 7.31 (-0.05), DTO: 96.27 (+4.72), BNO: 22.40 (-0.34), UWTI: 2.91 (-0.24), UGA: 36.94 (-0.29), SCO: 77.03 (+3.45), SZO: 65.12 (+2.50), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), OIL: 11.03 (-0.31), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), UHN: 22.89 (-0.17), BHI: 60.92 (-1.18), USL: 25.57 (-0.48)
Filling Inventory Threatens Oil Prices - Can Storage Be Built Fast Enough?
Douglas Ryan - at Seeking Alpha - Fri Mar 06, 12:13PM CST
USO: 18.24 (-0.47), TWTI: 20.60 (+0.10), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), OIH: 34.14 (-0.83), EIA: 13.08 (-0.05), DTO: 96.27 (+4.72), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), SCO: 77.03 (+3.45), DWTI: 112.51 (+7.55), USL: 25.57 (-0.48)
Oil glut's latest dilemma: where to store it all
Seeking Alpha - at Seeking Alpha - Thu Mar 05, 6:23PM CST
PSX: 75.36 (-1.52), USO: 18.24 (-0.47), TWTI: 20.60 (+0.10), UCO: 8.11 (-0.37), OLO: 7.31 (-0.05), DTO: 96.27 (+4.72), BNO: 22.40 (-0.34), UWTI: 2.91 (-0.24), PAA: 48.65 (-1.21), SCO: 77.03 (+3.45), SZO: 65.12 (+2.50), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), OIL: 11.03 (-0.31), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), USL: 25.57 (-0.48)
U.S. Oil Inventories And Output Hit Records, But Bulls Say Supply To Roll Over Soon
Hard Assets Investor - Seeking Alpha - Thu Mar 05, 9:45AM CST
By Sumit Roy U.S. inventories hit another all-time high, while output reaches a 40-year high. The Department of Energy reported this morning that in the week ending Feb. 27, U.S. crude oil inventories increased by 10.3 million barrels, gasoline...
USO: 18.24 (-0.47), TWTI: 20.60 (+0.10), UCO: 8.11 (-0.37), OLO: 7.31 (-0.05), DTO: 96.27 (+4.72), BNO: 22.40 (-0.34), UWTI: 2.91 (-0.24), UGA: 36.94 (-0.29), SCO: 77.03 (+3.45), SZO: 65.12 (+2.50), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), OIL: 11.03 (-0.31), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), USL: 25.57 (-0.48), UHN: 22.89 (-0.17)
Oil Updates On Supply And Inventory (Demand)
Joseph Calhoun - Seeking Alpha - Thu Mar 05, 8:45AM CST
By Jeffrey P. Snider There were several updates in the crude oil data flow, including the latest "unexpectedly" huge increase in inventory that pushed spot WTI back below $50 yet again. The US EIA estimated that domestic inventory rose...
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
Oil prices should drift higher in 2015 - El-Erian
Seeking Alpha - at Seeking Alpha - Thu Mar 05, 4:45AM CST
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
Dollar And Oil Charts
Bespoke Investment Group - Seeking Alpha - Thu Mar 05, 2:30AM CST
The US Dollar index is on the move higher once again. Below is a six month candle chart of the dollar. As shown, after "hooking" lower since mid-January, it broke out above its prior highs Wednesday morning. The prior highs from January...
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), OLO: 7.31 (-0.05), DTO: 96.27 (+4.72), UUPT: 29.72 (-0.06), BNO: 22.40 (-0.34), UWTI: 2.91 (-0.24), USDU: 28.59 (+0.38), UUP: 25.80 (+0.31), SCO: 77.03 (+3.45), SZO: 65.12 (+2.50), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), OIL: 11.03 (-0.31), OLEM: 24.39 (unch), UDN: 21.77 (-0.33), FORX: 43.12 (unch), DWTI: 112.51 (+7.55), UDNT: 10.33 (-0.15), USL: 25.57 (-0.48)
Cushing And Gulf Coast Storage Filling Up Fast
EconMatters - Seeking Alpha - Thu Mar 05, 2:09AM CST
Cushing, Oklahoma The weekly EIA Inventory report came out today regarding the state of the oil market from the supply side, and the numbers continue to paint a bearish picture of the oil market. For example, Cushing added another one and a half...
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
Connecting The Dots: Oil, Jobs, Consumer Confidence, And Humpty Dumpty
Tony Sagami - Seeking Alpha - Thu Mar 05, 1:58AM CST
Politicians, Wall Street, and the Federal Reserve Bank want you to think the economy is doing great thanks to the big improvements in the labor market. However, Janet Yellen, who testified before the Senate Banking Committee last week, admitted that...
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
Band-Aid For A Bullet Wound: Al-Naimi's Bullish Comments On Oil Won't Be Enough To Obscure Alarming Inventory Picture
Force Majeure - at Seeking Alpha - Thu Mar 05, 1:47AM CST
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), UNG: 14.37 (-0.02), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
This Foreigner Is Drowning The U.S. In Oil Exports - Hint, It's Not OPEC
Shock Exchange - at Seeking Alpha - Wed Mar 04, 1:54PM CST
SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DTO: 96.27 (+4.72), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), OIL: 11.03 (-0.31), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), SCO: 77.03 (+3.45), DWTI: 112.51 (+7.55)
Crude futures decline after inventory data
Seeking Alpha - at Seeking Alpha - Wed Mar 04, 9:31AM CST
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
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: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
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: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
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: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
This Chart Shows The True Collapse Of Fracking In The U.S.
Wolf Richter - Seeking Alpha - 1 hr 24 mins ago
"People need to kinda settle in for a while." That's what Exxon Mobil (NYSE: XOM ) CEO Rex Tillerson said about the low price of oil at the company's investor conference. "I see a lot of supply out there." So Exxon is going to...
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
Energy Industry Weekly Update: Is World Crude Oil Production Related To World Rotary Rig Count?
Adrian Wong - Seeking Alpha - 2 hrs 22 mins ago
Last week, I looked at how U.S. rotary rig count declines didn't necessarily translate into lower U.S. crude oil production . This week we will look at the same two figures on the world level in the two exhibits below. I'm glad to report a strong...
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), OLO: 7.31 (-0.05), DTO: 96.27 (+4.72), BNO: 22.40 (-0.34), UWTI: 2.91 (-0.24), SCO: 77.03 (+3.45), SZO: 65.12 (+2.50), DBO: 14.32 (-0.17), DNO: 57.86 (+1.41), OIL: 11.03 (-0.31), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), XLE: 76.78 (-1.40), USL: 25.57 (-0.48)
World Rig Counts Declining
Ron Patterson - at Seeking Alpha - Sat Mar 07, 1:26PM CST
The weekly Baker Hughes Rig Count for North America and the international monthly rig count is out. In the charts below, the monthly data is through February 2015 and the weekly data is as of March 6th. (click to enlarge) World Rig Count,...
OLO: 7.31 (-0.05), OIH: 34.14 (-0.83), BNO: 22.40 (-0.34), DUG: 54.83 (+1.79), PXJ: 16.54 (-0.37), ERY: 21.48 (+1.09), ERX: 53.11 (-3.01), FXN: 21.17 (-0.41), DNO: 57.86 (+1.41), OIL: 11.03 (-0.31), OLEM: 24.39 (unch), RYE: 65.78 (-1.56), XLE: 76.78 (-1.40), VDE: 108.28 (-1.83), USO: 18.24 (-0.47), UCO: 8.11 (-0.37), DDG: 26.63 (+0.55), DIG: 50.04 (-1.78), DTO: 96.27 (+4.72), UWTI: 2.91 (-0.24), SCO: 77.03 (+3.45), IYE: 43.40 (-0.77), FENY: 22.12 (-0.38), SZO: 65.12 (+2.50), DBO: 14.32 (-0.17), DWTI: 112.51 (+7.55), USL: 25.57 (-0.48)
Where Do We Put All This Oil?
Jeff Malec - Seeking Alpha - Sat Mar 07, 7:58AM CST
For the first time in forever, our nation is presented with a problem we wish we had in the past… where do we put all the oil? Think about it, some might argue that wars have been started over how much oil we have. Bloomberg is out with a...
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
Delay seen in oil price recovery, as increasingly the rock is the storage
Seeking Alpha - at Seeking Alpha - Fri Mar 06, 4:57PM CST
USO: 18.24 (-0.47), TWTI: 20.60 (+0.10), CLR: 42.80 (-1.30), UCO: 8.11 (-0.37), OLO: 7.31 (-0.05), DTO: 96.27 (+4.72), CNQ: 29.71 (-1.19), BNO: 22.40 (-0.34), UWTI: 2.91 (-0.24), SCO: 77.03 (+3.45), SZO: 65.12 (+2.50), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), EOG: 88.57 (-1.02), OIL: 11.03 (-0.31), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), USL: 25.57 (-0.48), APC: 81.73 (-1.11)
U.S. rig count posts 13th consecutive weekly decline
Seeking Alpha - at Seeking Alpha - Fri Mar 06, 12:19PM CST
USO: 18.24 (-0.47), TWTI: 20.60 (+0.10), UCO: 8.11 (-0.37), OLO: 7.31 (-0.05), DTO: 96.27 (+4.72), BNO: 22.40 (-0.34), UWTI: 2.91 (-0.24), UGA: 36.94 (-0.29), SCO: 77.03 (+3.45), SZO: 65.12 (+2.50), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), OIL: 11.03 (-0.31), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), UHN: 22.89 (-0.17), BHI: 60.92 (-1.18), USL: 25.57 (-0.48)
Filling Inventory Threatens Oil Prices - Can Storage Be Built Fast Enough?
Douglas Ryan - at Seeking Alpha - Fri Mar 06, 12:13PM CST
USO: 18.24 (-0.47), TWTI: 20.60 (+0.10), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), OIH: 34.14 (-0.83), EIA: 13.08 (-0.05), DTO: 96.27 (+4.72), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), SCO: 77.03 (+3.45), DWTI: 112.51 (+7.55), USL: 25.57 (-0.48)
Oil glut's latest dilemma: where to store it all
Seeking Alpha - at Seeking Alpha - Thu Mar 05, 6:23PM CST
PSX: 75.36 (-1.52), USO: 18.24 (-0.47), TWTI: 20.60 (+0.10), UCO: 8.11 (-0.37), OLO: 7.31 (-0.05), DTO: 96.27 (+4.72), BNO: 22.40 (-0.34), UWTI: 2.91 (-0.24), PAA: 48.65 (-1.21), SCO: 77.03 (+3.45), SZO: 65.12 (+2.50), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), OIL: 11.03 (-0.31), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), USL: 25.57 (-0.48)
U.S. Oil Inventories And Output Hit Records, But Bulls Say Supply To Roll Over Soon
Hard Assets Investor - Seeking Alpha - Thu Mar 05, 9:45AM CST
By Sumit Roy U.S. inventories hit another all-time high, while output reaches a 40-year high. The Department of Energy reported this morning that in the week ending Feb. 27, U.S. crude oil inventories increased by 10.3 million barrels, gasoline...
USO: 18.24 (-0.47), TWTI: 20.60 (+0.10), UCO: 8.11 (-0.37), OLO: 7.31 (-0.05), DTO: 96.27 (+4.72), BNO: 22.40 (-0.34), UWTI: 2.91 (-0.24), UGA: 36.94 (-0.29), SCO: 77.03 (+3.45), SZO: 65.12 (+2.50), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), OIL: 11.03 (-0.31), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), USL: 25.57 (-0.48), UHN: 22.89 (-0.17)
Oil Updates On Supply And Inventory (Demand)
Joseph Calhoun - Seeking Alpha - Thu Mar 05, 8:45AM CST
By Jeffrey P. Snider There were several updates in the crude oil data flow, including the latest "unexpectedly" huge increase in inventory that pushed spot WTI back below $50 yet again. The US EIA estimated that domestic inventory rose...
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
Oil prices should drift higher in 2015 - El-Erian
Seeking Alpha - at Seeking Alpha - Thu Mar 05, 4:45AM CST
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
Dollar And Oil Charts
Bespoke Investment Group - Seeking Alpha - Thu Mar 05, 2:30AM CST
The US Dollar index is on the move higher once again. Below is a six month candle chart of the dollar. As shown, after "hooking" lower since mid-January, it broke out above its prior highs Wednesday morning. The prior highs from January...
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), OLO: 7.31 (-0.05), DTO: 96.27 (+4.72), UUPT: 29.72 (-0.06), BNO: 22.40 (-0.34), UWTI: 2.91 (-0.24), USDU: 28.59 (+0.38), UUP: 25.80 (+0.31), SCO: 77.03 (+3.45), SZO: 65.12 (+2.50), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), OIL: 11.03 (-0.31), OLEM: 24.39 (unch), UDN: 21.77 (-0.33), FORX: 43.12 (unch), DWTI: 112.51 (+7.55), UDNT: 10.33 (-0.15), USL: 25.57 (-0.48)
Cushing And Gulf Coast Storage Filling Up Fast
EconMatters - Seeking Alpha - Thu Mar 05, 2:09AM CST
Cushing, Oklahoma The weekly EIA Inventory report came out today regarding the state of the oil market from the supply side, and the numbers continue to paint a bearish picture of the oil market. For example, Cushing added another one and a half...
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
Connecting The Dots: Oil, Jobs, Consumer Confidence, And Humpty Dumpty
Tony Sagami - Seeking Alpha - Thu Mar 05, 1:58AM CST
Politicians, Wall Street, and the Federal Reserve Bank want you to think the economy is doing great thanks to the big improvements in the labor market. However, Janet Yellen, who testified before the Senate Banking Committee last week, admitted that...
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
Band-Aid For A Bullet Wound: Al-Naimi's Bullish Comments On Oil Won't Be Enough To Obscure Alarming Inventory Picture
Force Majeure - at Seeking Alpha - Thu Mar 05, 1:47AM CST
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), UNG: 14.37 (-0.02), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
This Foreigner Is Drowning The U.S. In Oil Exports - Hint, It's Not OPEC
Shock Exchange - at Seeking Alpha - Wed Mar 04, 1:54PM CST
SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DTO: 96.27 (+4.72), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), OIL: 11.03 (-0.31), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), SCO: 77.03 (+3.45), DWTI: 112.51 (+7.55)
Crude futures decline after inventory data
Seeking Alpha - at Seeking Alpha - Wed Mar 04, 9:31AM CST
USO: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
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: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
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: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
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: 18.24 (-0.47), UCO: 8.11 (-0.37), SZO: 65.12 (+2.50), OLO: 7.31 (-0.05), DNO: 57.86 (+1.41), DBO: 14.32 (-0.17), DTO: 96.27 (+4.72), OIL: 11.03 (-0.31), UWTI: 2.91 (-0.24), BNO: 22.40 (-0.34), OLEM: 24.39 (unch), DWTI: 112.51 (+7.55), SCO: 77.03 (+3.45), USL: 25.57 (-0.48)
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