DB Crude Oil Long ETN Powershares (OLO) 6.80 $OLO
U.S. rig count falls for 15th straight week
Seeking Alpha - at Seeking Alpha - Fri Mar 20, 12:20PM CDT
USO: 16.43 (+0.35), TWTI: 20.51 (+0.19), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47), BHI: 62.47 (+1.54)
Oil spikes, dollar plummets - what gives?
Seeking Alpha - at Seeking Alpha - Fri Mar 20, 8:29AM CDT
USO: 16.43 (+0.35), TWTI: 20.51 (+0.19), UCO: 6.50 (+0.26), OLO: 6.80 (+0.05), DTO: 115.21 (-3.60), UUPT: 29.72 (-0.06), BNO: 20.47 (+0.31), UWTI: 2.07 (+0.13), UGA: 35.09 (+0.27), USDU: 28.43 (-0.39), UUP: 25.82 (-0.35), SCO: 93.38 (-4.24), SZO: 73.00 (-1.95), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), OIL: 9.79 (+0.22), OLEM: 22.25 (+0.59), UDN: 21.61 (+0.26), FORX: 42.90 (-0.29), DWTI: 149.45 (-10.55), UDNT: 10.33 (-0.15), UHN: 21.04 (-0.08), USL: 23.65 (+0.47)
Fed's Next Problem: The Iran Nuke Deal And Oil
Nadex - Seeking Alpha - Fri Mar 20, 5:03AM CDT
Now that we've heard the Fed not say a certain word and not raise a certain number, let's look past the buzz at the big picture and some overlooked little details. The S&P 500 rallied about 30 points in the 30 minutes following the Fed's...
USO: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
Shale Oil Is Entering Price-Induced Production Decline, Could Last Until 2017
Zoltan Ban - at Seeking Alpha - Thu Mar 19, 3:28PM CDT
USO: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
Crude Oil Prices' Fall Might Not Be Over Yet, Metal Prices Can Go Lower, Too
MetalMiner - Seeking Alpha - Thu Mar 19, 4:32AM CDT
By Raul De Frutos Crude oil prices keep falling. The prices slid to a fresh 6-year low this week, the lowest since March 2009, despite the minor comeback they had recorded in the previous weeks. We commented last month that nothing guaranteed...
OLO: 6.80 (+0.05), BNO: 20.47 (+0.31), UBM: 14.57 (-0.13), BDG: 16.15 (unch), JJM: 26.07 (+0.95), DNO: 63.87 (-1.37), BDD: 6.60 (unch), OIL: 9.79 (+0.22), RJZ: 7.83 (+0.23), OLEM: 22.25 (+0.59), USO: 16.43 (+0.35), HEVY: 28.50 (-0.23), DBB: 15.19 (+0.30), UCO: 6.50 (+0.26), DTO: 115.21 (-3.60), USMI: 18.40 (-0.46), BOM: 16.09 (-0.91), UWTI: 2.07 (+0.13), SCO: 93.38 (-4.24), RGRI: 20.52 (unch), BOS: 24.00 (-0.27), SZO: 73.00 (-1.95), DBO: 13.39 (+0.22), DWTI: 149.45 (-10.55), USL: 23.65 (+0.47)
Oil prices turn higher after Fed, but EIA shows U.S. supplies hit another record
Seeking Alpha - at Seeking Alpha - Wed Mar 18, 2:24PM CDT
USO: 16.43 (+0.35), PSX: 78.86 (+1.35), TWTI: 20.51 (+0.19), UCO: 6.50 (+0.26), OLO: 6.80 (+0.05), DTO: 115.21 (-3.60), CVI: 40.95 (+0.31), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), WNR: 49.14 (-0.38), HFC: 40.79 (-0.14), SCO: 93.38 (-4.24), CVRR: 20.16 (-0.04), VLO: 61.55 (+0.75), RDS.A: 61.53 (+1.33), SZO: 73.00 (-1.95), MUR: 47.69 (+0.87), TSO: 93.51 (+0.42), MPC: 102.26 (+2.20), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), OIL: 9.79 (+0.22), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), ALJ: 15.06 (-0.03), CLMT: 25.75 (-0.53), USL: 23.65 (+0.47)
The Oil Market Fundamentals Haven't Changed
Laurent Cadotte - at Seeking Alpha - Wed Mar 18, 12:43PM CDT
USO: 16.43 (+0.35), UCO: 6.50 (+0.26), OLO: 6.80 (+0.05), XOP: 48.19 (+0.22), DTO: 115.21 (-3.60), BNO: 20.47 (+0.31), UWTI: 2.07 (+0.13), SCO: 93.38 (-4.24), PXE: 29.13 (+0.30), SZO: 73.00 (-1.95), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), OIL: 9.79 (+0.22), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), IEO: 72.99 (+0.93), USL: 23.65 (+0.47)
EIA Petroleum Inventories
Seeking Alpha - at Seeking Alpha - Wed Mar 18, 9:31AM CDT
USO: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
Crude tumbles ahead of stockpiles data, Fed decision
Seeking Alpha - at Seeking Alpha - Wed Mar 18, 4:37AM CDT
USO: 16.43 (+0.35), TWTI: 20.51 (+0.19), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
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: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
Iran nuclear deal could open oil flood, hitting an already glutted market
Seeking Alpha - at Seeking Alpha - Tue Mar 17, 11:24AM CDT
USO: 16.43 (+0.35), TWTI: 20.51 (+0.19), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
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: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
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: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
Crude oil tumbles, ignoring OPEC's warning on U.S. oil boom
Seeking Alpha - at Seeking Alpha - Mon Mar 16, 9:40AM CDT
USO: 16.43 (+0.35), TWTI: 20.51 (+0.19), UCO: 6.50 (+0.26), OLO: 6.80 (+0.05), DTO: 115.21 (-3.60), BNO: 20.47 (+0.31), UWTI: 2.07 (+0.13), UGA: 35.09 (+0.27), SCO: 93.38 (-4.24), SZO: 73.00 (-1.95), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), OIL: 9.79 (+0.22), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), USL: 23.65 (+0.47), UHN: 21.04 (-0.08)
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: 6.80 (+0.05), UMX: 33.41 (+0.63), BNO: 20.47 (+0.31), USDU: 28.43 (-0.39), DNO: 63.87 (-1.37), OIL: 9.79 (+0.22), OLEM: 22.25 (+0.59), UDNT: 10.33 (-0.15), XLE: 76.91 (+0.60), USO: 16.43 (+0.35), UCO: 6.50 (+0.26), DTO: 115.21 (-3.60), UUPT: 29.72 (-0.06), UWTI: 2.07 (+0.13), SCO: 93.38 (-4.24), UUP: 25.82 (-0.35), EWW: 59.32 (+0.92), SZO: 73.00 (-1.95), SMK: 23.26 (-0.32), DBMX: 25.33 (+0.14), DBO: 13.39 (+0.22), QMEX: 25.32 (+0.51), UDN: 21.61 (+0.26), DWTI: 149.45 (-10.55), FORX: 42.90 (-0.29), USL: 23.65 (+0.47)
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: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
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: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
Oil slumps to six-year low
Seeking Alpha - at Seeking Alpha - Mon Mar 16, 1:10AM CDT
USO: 16.43 (+0.35), TWTI: 20.51 (+0.19), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
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: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47), XLE: 76.91 (+0.60)
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: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
U.S. rig count falls for 15th straight week
Seeking Alpha - at Seeking Alpha - Fri Mar 20, 12:20PM CDT
USO: 16.43 (+0.35), TWTI: 20.51 (+0.19), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47), BHI: 62.47 (+1.54)
Oil spikes, dollar plummets - what gives?
Seeking Alpha - at Seeking Alpha - Fri Mar 20, 8:29AM CDT
USO: 16.43 (+0.35), TWTI: 20.51 (+0.19), UCO: 6.50 (+0.26), OLO: 6.80 (+0.05), DTO: 115.21 (-3.60), UUPT: 29.72 (-0.06), BNO: 20.47 (+0.31), UWTI: 2.07 (+0.13), UGA: 35.09 (+0.27), USDU: 28.43 (-0.39), UUP: 25.82 (-0.35), SCO: 93.38 (-4.24), SZO: 73.00 (-1.95), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), OIL: 9.79 (+0.22), OLEM: 22.25 (+0.59), UDN: 21.61 (+0.26), FORX: 42.90 (-0.29), DWTI: 149.45 (-10.55), UDNT: 10.33 (-0.15), UHN: 21.04 (-0.08), USL: 23.65 (+0.47)
Fed's Next Problem: The Iran Nuke Deal And Oil
Nadex - Seeking Alpha - Fri Mar 20, 5:03AM CDT
Now that we've heard the Fed not say a certain word and not raise a certain number, let's look past the buzz at the big picture and some overlooked little details. The S&P 500 rallied about 30 points in the 30 minutes following the Fed's...
USO: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
Shale Oil Is Entering Price-Induced Production Decline, Could Last Until 2017
Zoltan Ban - at Seeking Alpha - Thu Mar 19, 3:28PM CDT
USO: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
Crude Oil Prices' Fall Might Not Be Over Yet, Metal Prices Can Go Lower, Too
MetalMiner - Seeking Alpha - Thu Mar 19, 4:32AM CDT
By Raul De Frutos Crude oil prices keep falling. The prices slid to a fresh 6-year low this week, the lowest since March 2009, despite the minor comeback they had recorded in the previous weeks. We commented last month that nothing guaranteed...
OLO: 6.80 (+0.05), BNO: 20.47 (+0.31), UBM: 14.57 (-0.13), BDG: 16.15 (unch), JJM: 26.07 (+0.95), DNO: 63.87 (-1.37), BDD: 6.60 (unch), OIL: 9.79 (+0.22), RJZ: 7.83 (+0.23), OLEM: 22.25 (+0.59), USO: 16.43 (+0.35), HEVY: 28.50 (-0.23), DBB: 15.19 (+0.30), UCO: 6.50 (+0.26), DTO: 115.21 (-3.60), USMI: 18.40 (-0.46), BOM: 16.09 (-0.91), UWTI: 2.07 (+0.13), SCO: 93.38 (-4.24), RGRI: 20.52 (unch), BOS: 24.00 (-0.27), SZO: 73.00 (-1.95), DBO: 13.39 (+0.22), DWTI: 149.45 (-10.55), USL: 23.65 (+0.47)
Oil prices turn higher after Fed, but EIA shows U.S. supplies hit another record
Seeking Alpha - at Seeking Alpha - Wed Mar 18, 2:24PM CDT
USO: 16.43 (+0.35), PSX: 78.86 (+1.35), TWTI: 20.51 (+0.19), UCO: 6.50 (+0.26), OLO: 6.80 (+0.05), DTO: 115.21 (-3.60), CVI: 40.95 (+0.31), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), WNR: 49.14 (-0.38), HFC: 40.79 (-0.14), SCO: 93.38 (-4.24), CVRR: 20.16 (-0.04), VLO: 61.55 (+0.75), RDS.A: 61.53 (+1.33), SZO: 73.00 (-1.95), MUR: 47.69 (+0.87), TSO: 93.51 (+0.42), MPC: 102.26 (+2.20), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), OIL: 9.79 (+0.22), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), ALJ: 15.06 (-0.03), CLMT: 25.75 (-0.53), USL: 23.65 (+0.47)
The Oil Market Fundamentals Haven't Changed
Laurent Cadotte - at Seeking Alpha - Wed Mar 18, 12:43PM CDT
USO: 16.43 (+0.35), UCO: 6.50 (+0.26), OLO: 6.80 (+0.05), XOP: 48.19 (+0.22), DTO: 115.21 (-3.60), BNO: 20.47 (+0.31), UWTI: 2.07 (+0.13), SCO: 93.38 (-4.24), PXE: 29.13 (+0.30), SZO: 73.00 (-1.95), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), OIL: 9.79 (+0.22), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), IEO: 72.99 (+0.93), USL: 23.65 (+0.47)
EIA Petroleum Inventories
Seeking Alpha - at Seeking Alpha - Wed Mar 18, 9:31AM CDT
USO: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
Crude tumbles ahead of stockpiles data, Fed decision
Seeking Alpha - at Seeking Alpha - Wed Mar 18, 4:37AM CDT
USO: 16.43 (+0.35), TWTI: 20.51 (+0.19), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
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: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
Iran nuclear deal could open oil flood, hitting an already glutted market
Seeking Alpha - at Seeking Alpha - Tue Mar 17, 11:24AM CDT
USO: 16.43 (+0.35), TWTI: 20.51 (+0.19), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
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: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
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: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
Crude oil tumbles, ignoring OPEC's warning on U.S. oil boom
Seeking Alpha - at Seeking Alpha - Mon Mar 16, 9:40AM CDT
USO: 16.43 (+0.35), TWTI: 20.51 (+0.19), UCO: 6.50 (+0.26), OLO: 6.80 (+0.05), DTO: 115.21 (-3.60), BNO: 20.47 (+0.31), UWTI: 2.07 (+0.13), UGA: 35.09 (+0.27), SCO: 93.38 (-4.24), SZO: 73.00 (-1.95), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), OIL: 9.79 (+0.22), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), USL: 23.65 (+0.47), UHN: 21.04 (-0.08)
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: 6.80 (+0.05), UMX: 33.41 (+0.63), BNO: 20.47 (+0.31), USDU: 28.43 (-0.39), DNO: 63.87 (-1.37), OIL: 9.79 (+0.22), OLEM: 22.25 (+0.59), UDNT: 10.33 (-0.15), XLE: 76.91 (+0.60), USO: 16.43 (+0.35), UCO: 6.50 (+0.26), DTO: 115.21 (-3.60), UUPT: 29.72 (-0.06), UWTI: 2.07 (+0.13), SCO: 93.38 (-4.24), UUP: 25.82 (-0.35), EWW: 59.32 (+0.92), SZO: 73.00 (-1.95), SMK: 23.26 (-0.32), DBMX: 25.33 (+0.14), DBO: 13.39 (+0.22), QMEX: 25.32 (+0.51), UDN: 21.61 (+0.26), DWTI: 149.45 (-10.55), FORX: 42.90 (-0.29), USL: 23.65 (+0.47)
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: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
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: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
Oil slumps to six-year low
Seeking Alpha - at Seeking Alpha - Mon Mar 16, 1:10AM CDT
USO: 16.43 (+0.35), TWTI: 20.51 (+0.19), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
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: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47), XLE: 76.91 (+0.60)
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: 16.43 (+0.35), UCO: 6.50 (+0.26), SZO: 73.00 (-1.95), OLO: 6.80 (+0.05), DNO: 63.87 (-1.37), DBO: 13.39 (+0.22), DTO: 115.21 (-3.60), OIL: 9.79 (+0.22), UWTI: 2.07 (+0.13), BNO: 20.47 (+0.31), OLEM: 22.25 (+0.59), DWTI: 149.45 (-10.55), SCO: 93.38 (-4.24), USL: 23.65 (+0.47)
