US Oil (USO) 18.24 $USO This Chart Shows The Tr
Post# of 64072
This Chart Shows The True Collapse Of Fracking In The U.S.
Wolf Richter - Seeking Alpha - 1 hr 33 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 31 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)
Uranium Prices Climbing Due to Increased Demand for Nuclear Power
at The Street - Fri Mar 06, 2:45PM CST
Amir Adnani, CEO of Uranium Energy, says his company is uniquely positioned to take advantage of the rise in demand for uranium.
USO: 18.24 (-0.47), UEC: 1.54 (+0.04), XLE: 76.78 (-1.40)
Oil Or Stocks...Will The Market Representing The Real Economy Please Stand Up?
Pater Tenebrarum - Seeking Alpha - Fri Mar 06, 1:47PM CST
By Chris Hamilton Oil Production and Consumption Image via Taylor Russell The first chart shows global oil production, by month, based on latest EIA data. 2014 saw significant production increases after fairly flat production in...
USO: 18.24 (-0.47), SPY: 207.50 (-2.96), QQQ: 107.41 (-1.23), OIL: 11.03 (-0.31), DIA: 178.40 (-2.77), IWM: 121.17 (-1.55)
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)
2015: What Is Oil Really Telling Us?
ChartProphet - at Seeking Alpha - Fri Mar 06, 11:39AM CST
HYG: 90.62 (-0.58), SGG: 34.15 (+0.13), USO: 18.24 (-0.47), JO: 24.65 (+0.91), VXX: 28.03 (+1.15), UUP: 25.80 (+0.31), JNK: 39.22 (-0.22), EEM: 39.26 (-0.61), SPY: 207.50 (-2.96), GLD: 111.86 (-3.14), DIA: 178.40 (-2.77), OIL: 11.03 (-0.31), XLK: 42.39 (-0.53), JJC: 31.16 (-0.60), XLE: 76.78 (-1.40), FXI: 41.26 (-0.44)
It Ain't Over 'Til It's Over - The Oil Bear Market At The Bottom Of The 8th
John Gilluly - at Seeking Alpha - Fri Mar 06, 6:51AM CST
USO: 18.24 (-0.47)
Could Reduced Drilling Also Reduce GDP Growth?
The Federal Reserve Bank of Atlanta - Seeking Alpha - Thu Mar 05, 7:54PM CST
By Pat Higgins Five or six times each month, the Atlanta Fed posts a "nowcast" of real gross domestic product (GDP) growth from the Atlanta Fed's GDPNow model. The most recent model nowcast for first-quarter real GDP growth is...
USO: 18.24 (-0.47), PXE: 28.84 (-0.70), SPY: 207.50 (-2.96), XOP: 49.27 (-1.08), DIA: 178.40 (-2.77), IEO: 72.11 (-1.43)
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)
Crude Oil: EIA Petroleum Stocks - From Full To Fuller
Richard Zeits - at Seeking Alpha - Thu Mar 05, 8:43AM CST
USO: 18.24 (-0.47), XES: 26.02 (-0.66), OIH: 34.14 (-0.83), XOP: 49.27 (-1.08), OIL: 11.03 (-0.31), WTI: 6.35 (+0.12), XLE: 76.78 (-1.40)
Wall Street Breakfast: Signs Of A Top?
Wall Street Breakfast - at Seeking Alpha - Thu Mar 05, 5:32AM CST
USO: 18.24 (-0.47), PCYC: 254.56 (+0.34), SPG: 180.58 (-6.55), UNG: 14.37 (-0.02), BMY: 65.12 (-0.93), MCHI: 50.65 (-0.55), TWX: 84.12 (+0.86), JNJ: 100.11 (-2.41), SPY: 207.50 (-2.96), DIA: 178.40 (-2.77), COST: 149.54 (-1.63), ABBV: 55.64 (-1.22), MAC: 86.72 (-1.35), AAPL: 126.60 (+0.19), GXC: 79.68 (-0.79)
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)