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Posts related to ‘USO’

Oil Breaks Under $92/Barrel (USO)

Posted: May 22, 2012 at 2:59 pm

NYMEX Crude keeps listing lower and lower.  This seems odd considering that the Memorial Day weekend ahead is supposed to mark the official start of the summer driving season.  The ...
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Oil Inventories & Capacity Act As Booster (OIH, VLO, PSX, USO)

Posted: May 16, 2012 at 10:44 am

The U.S. Department of Energy has released its weekly oil inventory data showing a build up in crude inventories as expected.  The rise came to +2.128 million barrels of crude ...
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Major Reactions As Crude Marches Down Through $100/Barrel (USO, OIH, AMJ, XOM, CVX, SLB, BHI, RIG, NOV, VLO, CHK)

Posted: May 4, 2012 at 12:24 pm

It was just a couple of days ago that oil was trading around $105 per barrel for West Texas Intermediate crude. Now the talk has migrated away from geopolitical risks associated ...
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Obama Speech Attacks Oil & Gas Subsidies (XOM, VLO, CHK, FSLR, USO)

Posted: March 29, 2012 at 11:34 am

In a "we versus them" speech today, President Obama again called for the end of subsidies for oil and gas companies.  His speech talked about the global opportunities that the ...
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The Paradox Of Bashing More Oil Drilling… Politics Of Tapping SPR? (USO, UGA)

Posted: February 23, 2012 at 3:41 pm

When the President is talking about the high societal cost of rising oil prices yet simultaneously in the same speech is bashing the thought of more drilling for oil, it has ...
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The Economic & Sentiment Damage of $4.00 Gasoline (UGA, USO, XOM)

Posted: February 21, 2012 at 10:00 am

With West Texas Intermediate Crude challenging $105 per barrel now, it is time to start assessing the threat of $4.00 per gallon in gasoline.  The summer driving season is usually ...
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CME Lowers Energy & Metals Margin Trading Requirements (CME, GLD, USO, SLV, JJC)

Posted: February 9, 2012 at 5:37 pm

CME Group Inc. (NYSE: CME) is going to make it cheaper for traders to trade energy and metals futures, something which could make it easier and cheaper for traders, speculators, ...
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Lower Oil Inventories & Refining Capacity Drive Home (VLO, OIH, USO)

Posted: October 19, 2011 at 10:43 am

The Department of Energy is out with its weekly oil data and the data is showing a larger draw-down that what API had signaled yesterday.  Crude oil inventories fell by ...
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The Best Funds For Oil Rising To $150 (OIH, DIG, PSCE, COP, PXJ, FNARX, EBERX, USO)

Posted: July 5, 2011 at 11:21 am

After posting a three-month low last month, WTI crude oil prices have been making a comeback as the agreement on Greek debt appears to be set, which has put some ...
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Commodity ETFs Heading South, Again, Cheer (SLV, GLD, USO)

Posted: May 12, 2011 at 8:53 am

Silver and gold, and oil and other commodities, are heading south all over again this morning.  Whether you want to blame reports of higher prices or a slowing of global ...
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Greek Rumors of Eurozone Exit, Wrong But Massive Impact (NBG, UUP, USO, SLV, GLD)

Posted: May 6, 2011 at 3:10 pm

The big Greek rumors are already being refuted today, but it doesn't matter.  Friday's big rumor is that Greece will leave the Eurozone.  Our prediction: this rumor is not true ...
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Bin Laden ETF Move Muted: Dollar, Silver, Gold, Oil, Bonds (SLV, SIVR, GLD, USO, UNG, UUP, TBT)

Posted: May 2, 2011 at 9:47 am

The reaction to the death of terror mastermind Osama Bin Laden has had what feels like a very limited impact on key financial markets, particularly if you go back and ...
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Commodities Watch: Goldman Sachs Cashes Out; Oil Prices Could Slow Global Economy or Lead to Demand Destruction or Both (GS, CORN, BAL, GLD, SLV, CVX, XOM, COP, USO)

Posted: April 12, 2011 at 3:17 pm

Today's commodities news leads off with report that Goldman Sachs Group Inc. (NYSE: GS) and its leading commodities strategist are recommending that investors abandon long positions in copper and platinum ...
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Commodities Watch: Gold & Silver Continue Surge; Oil Tops $111; Corn Prices Also Rising Again; Positive Outlook for Aluminum (GLD, SLV, USO, CORN, MOO, AA, JJU, CENX, AWC, KALU, NOR, ACH)

Posted: April 8, 2011 at 2:36 pm

Time for our daily look at the world of commodity prices and key developments. This Friday brings gold and silver, corn prices on the rise, and even a positive read ...
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Commodities Watch: Cotton Prices and Retail Sales; Oil Highs; Stockpiling Rare Earths; Silver Vs. Gold (M, LTD, JWN, JCP, KSS, GPS, BAL, USO, MCP, REE, AVL, REMX, SLV, GLD)

Posted: April 7, 2011 at 2:01 pm

Time for our daily look at the world of commodity prices and key developments.  We have cotton issues, oil spikes, issues around rare earth elements, and precious metals on the ...
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