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Posts related to ‘OIH’

Oil Inventories Plummet (USO, OIH, VLO)

The Department of Energy has just released what may seem like a shocking drop in its weekly report on oil inventories.  This morning’s data has a potential impact on the ...
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Goldman Sachs Supports Higher Gold & Oil to 2011-2012 (GLD, IAU, SGOL, DGP, GDX, GDXJ, OIH, USO, DIG)

Goldman Sachs periodically updates its outlook on sectors and the economy with a one to two-year horizon.  Yesterday's upgrade of economic output in 2011 is accompanied by some interesting aspects ...
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QE2 & Bernanke Pump Gold & Oil, Not Long Bonds (GLD, DGP, USO, OIH, DIG, TBT)

Quantitative easing is forcing investors into riskier assets as Ben Bernanke and the FOMC attempt to manufacture some inflation and after the US Dollar weakness.  We are seeing big moves ...
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DOE Oil Inventory Trumped By Lower Refining Capacity (OIH, USO, VLO)

We are continuing to see a mixed picture in oil and byproduct inventory levels in the United States.  Some is seasonal, and some may be due to outside demand issues.  ...
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Schlumberger Earnings Just Meet Estimates (SLB, HAL, WFT, OIH)

Schlumberger N.V. (NYSE:SLB) reported third quarter earnings this morning and the short story is there were no surprises. Like competitors Halliburton Co. (NYSE:HAL) and Weatherford International Ltd. (NYSE:WFT), onshore drilling ...
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Oil Prices Likely To Stay Below $85 (USO, OIL, OIH)

Predicting oil prices a month from now is a risky business. Predicting oil prices a year from now is close to madness. Perhaps it is fairer to say that believing ...
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As Oil Heads to $90… or Back to $70 (USO, OIH)

Now that oil has bested the $82.00 per barrel mark and rallied about 15% in six weeks, investors are trying to figure out what is next.  We are tracking the ...
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Oil Supplies & Weak Refining Offer No Oil Gains (OIH, USO, VLO)

The Department of Energy released its weekly Crude Oil and energy inventories this morning.  Despite some supply issues being obvious, there has been no help as investors are looking to ...
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Mixed Picture in Oil Rig Counts (BHI, OIH, USO)

With all of the trouble in drilling in the Gulf of Mexico, we wanted to look at the most recent weekly rig count data just released from Baker Hughes Inc. ...
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DOE: Crude Inventory & Refining Hold High (OIH, USO, VLO)

The Department of Energy released its weekly Crude Oil and energy inventories this morning.  Some real surprises were seen considering the time of year we are in and the mess ...
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The Twitter-24/7 Wall St. Stock Market Report 6.3.2010 The Wisdom Of Crowds?

Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have ...
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The Twitter-24/7 Wall St. Stock Market Report 6.2.2010 The Wisdom Of Crowds?

Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some ...
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DOE Data Shows Refineries Hanging Tough (OIH, USO, VLO, SUN, HES)

The weekly Department of Energy inventories data came out this morning.  There seems to be good news for those looking for price stability as crude oil inventories went up and ...
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New Oil Forecasts Looking Much Lower (OIL, USO, OIH, XOM, CVX)

A new forecast from Bank of America Merrill Lynch is lowering the expected 2010 target oil demand growth from 2 million b/d to 1.5 million b/d. The bank also cut ...
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Fake Inflation, Real Deflation: Gold $1230 and Oil Under $70 (GLD, SGOL, GDX, USO, OIL, OIH)

It has been impossible not to notice the new Gold Rush.  It has also been impossible to not notice the crashing oil prices.  This is simply the decline or implosion ...
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