3X Long Crude ETN Velocityshares (UWTI) 2.20 $UWTI
Oil prices turn higher after Fed, but EIA shows U.S. supplies hit another record
Seeking Alpha - at Seeking Alpha - 2 hrs 14 mins ago
USO: 16.76 (+0.80), PSX: 78.12 (+2.17), TWTI: 20.32 (-0.23), UCO: 6.77 (+0.61), OLO: 6.92 (+0.27), DTO: 111.84 (-8.48), CVI: 41.42 (+1.78), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), WNR: 49.86 (+1.79), HFC: 41.63 (+1.67), SCO: 90.15 (-9.62), CVRR: 20.36 (+0.72), VLO: 61.96 (+2.06), RDS.A: 60.74 (+2.31), SZO: 69.95 (-4.05), MUR: 49.29 (+2.05), TSO: 93.54 (+4.42), MPC: 101.01 (+3.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), OIL: 9.99 (+0.55), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), ALJ: 15.04 (+0.32), CLMT: 25.87 (+1.03), USL: 24.18 (+1.24)
The Oil Market Fundamentals Haven't Changed
Laurent Cadotte - at Seeking Alpha - Wed Mar 18, 12:43PM CDT
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), OLO: 6.92 (+0.27), XOP: 49.30 (+2.28), DTO: 111.84 (-8.48), BNO: 21.07 (+1.19), UWTI: 2.20 (+0.28), SCO: 90.15 (-9.62), PXE: 29.53 (+1.25), SZO: 69.95 (-4.05), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), OIL: 9.99 (+0.55), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), IEO: 73.35 (+2.46), USL: 24.18 (+1.24)
EIA Petroleum Inventories
Seeking Alpha - at Seeking Alpha - Wed Mar 18, 9:31AM CDT
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Crude tumbles ahead of stockpiles data, Fed decision
Seeking Alpha - at Seeking Alpha - Wed Mar 18, 4:37AM CDT
USO: 16.76 (+0.80), TWTI: 20.32 (-0.23), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Should You Buy Into Oil's Secular Bear Market?
Smead Capital Management - Seeking Alpha - Tue Mar 17, 2:38PM CDT
March 10th is one of my favorite days of the year. The tech bubble of the late 1990s burst on March 10th of 2000, and the biggest bear market of my career (2007 peak to 2009 low) bottomed on March 10th of 2009. There is a great deal to learn from...
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Iran nuclear deal could open oil flood, hitting an already glutted market
Seeking Alpha - at Seeking Alpha - Tue Mar 17, 11:24AM CDT
USO: 16.76 (+0.80), TWTI: 20.32 (-0.23), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
With Oil Prices Crashing, Are Consumers Really Benefiting?
Epoch Times - Seeking Alpha - Tue Mar 17, 7:40AM CDT
By Valentin Schmid Oil prices got clobbered again Monday, falling to levels not seen since 2009. This is good for consumers, but how are they benefiting in practice? WTI Crude fell 2.2 percent to $43.84 on Monday, as prices more than halved since...
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Oil Returns To January Lows
Nate Costello - at Seeking Alpha - Tue Mar 17, 7:24AM CDT
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), DTO: 111.84 (-8.48), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), SCO: 90.15 (-9.62), DWTI: 141.97 (-24.11), USL: 24.18 (+1.24)
U.S. Oil Supply Update
Econbrowser - Seeking Alpha - Mon Mar 16, 4:31PM CDT
Editor's note: This article was originally published on March 15, 2015 by James Hamilton here . The EIA released a new drilling productivity report last week, allowing us to update our graph of the drilling rig count in the four major tight...
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Crude oil tumbles, ignoring OPEC's warning on U.S. oil boom
Seeking Alpha - at Seeking Alpha - Mon Mar 16, 9:40AM CDT
USO: 16.76 (+0.80), TWTI: 20.32 (-0.23), UCO: 6.77 (+0.61), OLO: 6.92 (+0.27), DTO: 111.84 (-8.48), BNO: 21.07 (+1.19), UWTI: 2.20 (+0.28), UGA: 35.81 (+1.89), SCO: 90.15 (-9.62), SZO: 69.95 (-4.05), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), OIL: 9.99 (+0.55), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), USL: 24.18 (+1.24), UHN: 21.58 (+0.85)
The Mexican Peso: An Oil Hedge Bought Some Stability But That Is Only Part Of The Story
Andrew Hecht - at Seeking Alpha - Mon Mar 16, 7:00AM CDT
OLO: 6.92 (+0.27), UMX: 33.51 (+2.04), BNO: 21.07 (+1.19), USDU: 28.51 (-0.50), DNO: 62.56 (-3.31), OIL: 9.99 (+0.55), OLEM: 22.38 (+1.10), UDNT: 10.33 (-0.15), XLE: 77.54 (+2.19), USO: 16.76 (+0.80), UCO: 6.77 (+0.61), DTO: 111.84 (-8.48), UUPT: 29.72 (-0.06), UWTI: 2.20 (+0.28), SCO: 90.15 (-9.62), UUP: 25.78 (-0.52), EWW: 59.28 (+1.81), SZO: 69.95 (-4.05), SMK: 23.58 (-2.36), DBMX: 25.04 (unch), DBO: 13.66 (+0.64), QMEX: 25.34 (+0.60), UDN: 21.64 (+0.43), DWTI: 141.97 (-24.11), FORX: 42.62 (+0.28), USL: 24.18 (+1.24)
Middle East OPEC Oil Rig Count Jumps 14%
Euan Mearns - Seeking Alpha - Mon Mar 16, 6:40AM CDT
As if to rub salt in the wounds of the US shale industry, Middle East OPEC oilrig count has jumped by 19 rigs to 155 units in February 2015 setting a new rig count record for the region. Since 2005, the supergiant oil fields of the region developed...
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Crude Oil Falls To The Bottom Of The Range: Is This A Dip To Buy?
Andrew Hecht - at Seeking Alpha - Mon Mar 16, 5:45AM CDT
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Oil slumps to six-year low
Seeking Alpha - at Seeking Alpha - Mon Mar 16, 1:10AM CDT
USO: 16.76 (+0.80), TWTI: 20.32 (-0.23), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Energy Industry - Time To Pull The Buy Trigger?
Adrian Wong - Seeking Alpha - Sun Mar 15, 9:11AM CDT
Since June 2014, crude oil prices have fallen from over $100/barrel to around $50/barrel. While the Energy Information Administration (EIA) confirms that U.S. crude oil production continues to rise from 8.4 million barrels/day in June 2014 to...
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24), XLE: 77.54 (+2.19)
U.S. Government Plans To Bail Out Oil Industry, Consumers To Pay
Wolf Richter - Seeking Alpha - Sun Mar 15, 5:22AM CDT
Oil industry lobbyists must have been working the government over for months. The price of oil has plunged nearly 60% since June. Smaller oil companies are going bankrupt. Larger ones are bleeding. Energy junk-bondholders are getting massacred. Wall...
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
The U.S. Oil Bust Just Got Worse
Wolf Richter - Seeking Alpha - Sun Mar 15, 4:59AM CDT
The price of oil did today what it has been doing for a while: it waits for a trigger and plunges. As I'm writing this, West Texas Intermediate is down 4.4%, trading at $44.99 a barrel, less than a measly buck away from this oil bust's January low....
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Oil Price Drop Overdone, IEA Hyped - Buying Opportunity?
Douglas Ryan - at Seeking Alpha - Fri Mar 13, 4:02PM CDT
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), OIH: 33.09 (+1.06), OLO: 6.92 (+0.27), DTO: 111.84 (-8.48), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), SCO: 90.15 (-9.62), SZO: 69.95 (-4.05), DBO: 13.66 (+0.64), DNO: 62.56 (-3.31), OIL: 9.99 (+0.55), DWTI: 141.97 (-24.11), USL: 24.18 (+1.24)
Energy Department reportedly considering oil purchase
Seeking Alpha - at Seeking Alpha - Fri Mar 13, 2:26PM CDT
USO: 16.76 (+0.80), TWTI: 20.32 (-0.23), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), UGA: 35.81 (+1.89), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Rig count keeps falling, down 46% from October
Seeking Alpha - at Seeking Alpha - Fri Mar 13, 1:14PM CDT
USO: 16.76 (+0.80), TWTI: 20.32 (-0.23), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24), BHI: 60.76 (+1.51)
Oil prices turn higher after Fed, but EIA shows U.S. supplies hit another record
Seeking Alpha - at Seeking Alpha - 2 hrs 14 mins ago
USO: 16.76 (+0.80), PSX: 78.12 (+2.17), TWTI: 20.32 (-0.23), UCO: 6.77 (+0.61), OLO: 6.92 (+0.27), DTO: 111.84 (-8.48), CVI: 41.42 (+1.78), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), WNR: 49.86 (+1.79), HFC: 41.63 (+1.67), SCO: 90.15 (-9.62), CVRR: 20.36 (+0.72), VLO: 61.96 (+2.06), RDS.A: 60.74 (+2.31), SZO: 69.95 (-4.05), MUR: 49.29 (+2.05), TSO: 93.54 (+4.42), MPC: 101.01 (+3.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), OIL: 9.99 (+0.55), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), ALJ: 15.04 (+0.32), CLMT: 25.87 (+1.03), USL: 24.18 (+1.24)
The Oil Market Fundamentals Haven't Changed
Laurent Cadotte - at Seeking Alpha - Wed Mar 18, 12:43PM CDT
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), OLO: 6.92 (+0.27), XOP: 49.30 (+2.28), DTO: 111.84 (-8.48), BNO: 21.07 (+1.19), UWTI: 2.20 (+0.28), SCO: 90.15 (-9.62), PXE: 29.53 (+1.25), SZO: 69.95 (-4.05), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), OIL: 9.99 (+0.55), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), IEO: 73.35 (+2.46), USL: 24.18 (+1.24)
EIA Petroleum Inventories
Seeking Alpha - at Seeking Alpha - Wed Mar 18, 9:31AM CDT
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Crude tumbles ahead of stockpiles data, Fed decision
Seeking Alpha - at Seeking Alpha - Wed Mar 18, 4:37AM CDT
USO: 16.76 (+0.80), TWTI: 20.32 (-0.23), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Should You Buy Into Oil's Secular Bear Market?
Smead Capital Management - Seeking Alpha - Tue Mar 17, 2:38PM CDT
March 10th is one of my favorite days of the year. The tech bubble of the late 1990s burst on March 10th of 2000, and the biggest bear market of my career (2007 peak to 2009 low) bottomed on March 10th of 2009. There is a great deal to learn from...
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Iran nuclear deal could open oil flood, hitting an already glutted market
Seeking Alpha - at Seeking Alpha - Tue Mar 17, 11:24AM CDT
USO: 16.76 (+0.80), TWTI: 20.32 (-0.23), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
With Oil Prices Crashing, Are Consumers Really Benefiting?
Epoch Times - Seeking Alpha - Tue Mar 17, 7:40AM CDT
By Valentin Schmid Oil prices got clobbered again Monday, falling to levels not seen since 2009. This is good for consumers, but how are they benefiting in practice? WTI Crude fell 2.2 percent to $43.84 on Monday, as prices more than halved since...
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Oil Returns To January Lows
Nate Costello - at Seeking Alpha - Tue Mar 17, 7:24AM CDT
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), DTO: 111.84 (-8.48), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), SCO: 90.15 (-9.62), DWTI: 141.97 (-24.11), USL: 24.18 (+1.24)
U.S. Oil Supply Update
Econbrowser - Seeking Alpha - Mon Mar 16, 4:31PM CDT
Editor's note: This article was originally published on March 15, 2015 by James Hamilton here . The EIA released a new drilling productivity report last week, allowing us to update our graph of the drilling rig count in the four major tight...
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Crude oil tumbles, ignoring OPEC's warning on U.S. oil boom
Seeking Alpha - at Seeking Alpha - Mon Mar 16, 9:40AM CDT
USO: 16.76 (+0.80), TWTI: 20.32 (-0.23), UCO: 6.77 (+0.61), OLO: 6.92 (+0.27), DTO: 111.84 (-8.48), BNO: 21.07 (+1.19), UWTI: 2.20 (+0.28), UGA: 35.81 (+1.89), SCO: 90.15 (-9.62), SZO: 69.95 (-4.05), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), OIL: 9.99 (+0.55), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), USL: 24.18 (+1.24), UHN: 21.58 (+0.85)
The Mexican Peso: An Oil Hedge Bought Some Stability But That Is Only Part Of The Story
Andrew Hecht - at Seeking Alpha - Mon Mar 16, 7:00AM CDT
OLO: 6.92 (+0.27), UMX: 33.51 (+2.04), BNO: 21.07 (+1.19), USDU: 28.51 (-0.50), DNO: 62.56 (-3.31), OIL: 9.99 (+0.55), OLEM: 22.38 (+1.10), UDNT: 10.33 (-0.15), XLE: 77.54 (+2.19), USO: 16.76 (+0.80), UCO: 6.77 (+0.61), DTO: 111.84 (-8.48), UUPT: 29.72 (-0.06), UWTI: 2.20 (+0.28), SCO: 90.15 (-9.62), UUP: 25.78 (-0.52), EWW: 59.28 (+1.81), SZO: 69.95 (-4.05), SMK: 23.58 (-2.36), DBMX: 25.04 (unch), DBO: 13.66 (+0.64), QMEX: 25.34 (+0.60), UDN: 21.64 (+0.43), DWTI: 141.97 (-24.11), FORX: 42.62 (+0.28), USL: 24.18 (+1.24)
Middle East OPEC Oil Rig Count Jumps 14%
Euan Mearns - Seeking Alpha - Mon Mar 16, 6:40AM CDT
As if to rub salt in the wounds of the US shale industry, Middle East OPEC oilrig count has jumped by 19 rigs to 155 units in February 2015 setting a new rig count record for the region. Since 2005, the supergiant oil fields of the region developed...
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Crude Oil Falls To The Bottom Of The Range: Is This A Dip To Buy?
Andrew Hecht - at Seeking Alpha - Mon Mar 16, 5:45AM CDT
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Oil slumps to six-year low
Seeking Alpha - at Seeking Alpha - Mon Mar 16, 1:10AM CDT
USO: 16.76 (+0.80), TWTI: 20.32 (-0.23), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Energy Industry - Time To Pull The Buy Trigger?
Adrian Wong - Seeking Alpha - Sun Mar 15, 9:11AM CDT
Since June 2014, crude oil prices have fallen from over $100/barrel to around $50/barrel. While the Energy Information Administration (EIA) confirms that U.S. crude oil production continues to rise from 8.4 million barrels/day in June 2014 to...
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24), XLE: 77.54 (+2.19)
U.S. Government Plans To Bail Out Oil Industry, Consumers To Pay
Wolf Richter - Seeking Alpha - Sun Mar 15, 5:22AM CDT
Oil industry lobbyists must have been working the government over for months. The price of oil has plunged nearly 60% since June. Smaller oil companies are going bankrupt. Larger ones are bleeding. Energy junk-bondholders are getting massacred. Wall...
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
The U.S. Oil Bust Just Got Worse
Wolf Richter - Seeking Alpha - Sun Mar 15, 4:59AM CDT
The price of oil did today what it has been doing for a while: it waits for a trigger and plunges. As I'm writing this, West Texas Intermediate is down 4.4%, trading at $44.99 a barrel, less than a measly buck away from this oil bust's January low....
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Oil Price Drop Overdone, IEA Hyped - Buying Opportunity?
Douglas Ryan - at Seeking Alpha - Fri Mar 13, 4:02PM CDT
USO: 16.76 (+0.80), UCO: 6.77 (+0.61), OIH: 33.09 (+1.06), OLO: 6.92 (+0.27), DTO: 111.84 (-8.48), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), SCO: 90.15 (-9.62), SZO: 69.95 (-4.05), DBO: 13.66 (+0.64), DNO: 62.56 (-3.31), OIL: 9.99 (+0.55), DWTI: 141.97 (-24.11), USL: 24.18 (+1.24)
Energy Department reportedly considering oil purchase
Seeking Alpha - at Seeking Alpha - Fri Mar 13, 2:26PM CDT
USO: 16.76 (+0.80), TWTI: 20.32 (-0.23), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), UGA: 35.81 (+1.89), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24)
Rig count keeps falling, down 46% from October
Seeking Alpha - at Seeking Alpha - Fri Mar 13, 1:14PM CDT
USO: 16.76 (+0.80), TWTI: 20.32 (-0.23), UCO: 6.77 (+0.61), SZO: 69.95 (-4.05), OLO: 6.92 (+0.27), DNO: 62.56 (-3.31), DBO: 13.66 (+0.64), DTO: 111.84 (-8.48), OIL: 9.99 (+0.55), UWTI: 2.20 (+0.28), BNO: 21.07 (+1.19), OLEM: 22.38 (+1.10), DWTI: 141.97 (-24.11), SCO: 90.15 (-9.62), USL: 24.18 (+1.24), BHI: 60.76 (+1.51)
