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Posts related to ‘DIG’

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Oil Inventories Head Wrong Way, Again (OIH, DIG, USO, OIL)

Posted: November 4, 2009 at 10:47 am

The latest weekly inventories data from Department of Energy in crude and oil products is adding more support and adding fuel to a fire in the commodity rally today. It ...
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Rig Counts Inching Back Up (BHI, OIH, DIG, USO, OIL)

Posted: October 30, 2009 at 2:06 pm

This week's data from Baker Hughes, Inc. (NYSE: BHI) on the weekly rig counts looks better and less mixed than in other weeks despite the notion that all projects should ...
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DOE Oil Inventories Back Up (OIH, DIG, USO, OIL)

Posted: October 28, 2009 at 10:44 am

We have just seen this week's latest Department of Energy weekly oil inventory data.  The new report is on the heels of a sudden rise in oil prices followed by ...
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Mixed Bag on Oil Rig Counts (BHI, OIH, DIG, USO, OIL)

Posted: October 23, 2009 at 1:15 pm

Baker Hughes, Inc. (NYSE: BHI) has released its weekly rig counts, and the results are not as strong as you would expect considering $80 oil is here.  We have watched ...
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DOE Mixed Inventory Driving Oil Prices (OIH, DIG, USO, OIL)

Posted: October 21, 2009 at 10:50 am

The Department of Energy's weekly energy inventories data is giving another mixed picture similar to last week.  The difference is that this was more in-line with expectations that what we ...
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Refineries Throw Wrench in Oil Inventory Data (OIH, DIG, USO, OIL)

Posted: October 15, 2009 at 11:34 am

As usual, the weekly energy inventories data is giving a picture that can be construed as bullish or bearish for the price of oil and gas, yet there is a ...
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Higher Oil, Higher Rigs (BHI, OIH, DIG, USO, OIL)

Posted: October 9, 2009 at 1:24 pm

Maybe higher oil prices keep begetting higher rig counts.  Baker Hughes, Inc. (NYSE: BHI) has released its weekly rig counts and there are gains in all three measures.  We have been ...
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Oil & Gas Rig Counts Falter (OIH, DIG, USO, OIL)

Posted: September 11, 2009 at 2:09 pm

Baker Hughes, Inc. (NYSE: BHI) has released its weekly rig counts and the gains we were seeing look as though they may have started to already peter out.  Throw that ...
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Oil ETF’s & The Return of $50 Oil (OIL, USO, OIH, DXO, DIG)

Posted: March 17, 2009 at 3:36 pm

Oil flirted with the $50.00 handle today, which would be close to a 4-month high. This also marked the end of the April contract expiration, so now we roll over ...
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