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Posts related to ‘OIH’

Testing Rig Count Trends After the Gulf Oil Spill (BHI, OIH, USO, BP, RDS-A)

The rig count from Baker Huges Inc. (NYSE:BHI) is out for April and the recent trends continue. The US count is up, the Canadian count is down, and the international ...
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Oil Services and the $40 Billion Iraq Opportunity (SLB, BHI, WFT, HAL, OIH)

Morningstar has issued a report this week for oil services operations calling the opportunity in Iraq as "one of the greatest capacity increases in the industry's history."  The analysis says ...
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An Oil Rig Count Disappointment (BHI, OIH, USO, RIG)

The rig counts are not higher this week despite $80+ oil remaining.  Baker Hughes Inc. (NYSE: BHI) has issued its weekly rig counting data, and we are watching the Oil ...
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Trouble for Oil & Gold in 2010? No Worries (GLD, USO, SGOL, GDX, XOM, COP, OIH, GGN)

Have you noticed how so many commodity rallies in gold and oil get stopped in their tracks on what might seem as secondary or even tertiary cause and effect?  This ...
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DOE Data Keeps Favoring Refineries (OIH, USO, VLO, SUN, HES)

The weekly data from the Department of Energy has some very big surprises, some of which are bullish for oil and some of which are good for the consumer.  The ...
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Refineries Stand Out in DOE Oil Inventory Data (OIH, USO, VLO, SUN, HES)

The weekly supply data is out from the Department of Energy and the refining capacity data continues to be a standout from last week.  The recent rise in oil prices ...
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DOE Surprise… Refineries Coming Back (OIH, USO, VLO, SUN, HES)

If you have followed the oil patch, the news from the refining sector has been abominable.  Overall, we have seen many weeks where the United States refining capacity was not ...
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EIA Sees Chance of $3.00 Gasoline.. Win-Lose For Many (VLO, PBR, BHI, OIH)

The Energy Information Administration is out with its newest 2010 and 2011 predictions for both supply and demand for oil and energy products.  This may throw water on T. Boone ...
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Did Oil Just Bottom? (OIH, VLO, BHI)

The rise in the dollar and the most recent wave of added risks that are coming from Europe combined with the loan halts in China have brought havoc to the ...
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DOE Inventory Data Highlights Ongoing Refinery Woes (OIH, USO, UCO, VLO)

The Department of Energy has released some mixed data on weekly oil inventory data, and the take for refining is looking just as bad still or actually worse in February ...
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Oil Rig Counts Still On The Rise (BHI, OIH, USO)

The rig counts are still mostly heading in the right direction, at least they are if you want to see a robust oil sector along with some oil price stability.  ...
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Oil Patch: Rig Counts Rise Despite Falling Oil (BHI, OIH, USO)

The rig counts are still heading in the right direction for stable oil and a steady flow of oil and gas supplies according to the Baker Hughes Inc. (NYSE: BHI) ...
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Rig Counts Look OK, Sans-US (BHI, OIH, USO)

Baker Hughes Incorporated (NYSE: BHI) announced its weekly rig count data, but what is interesting is that the latest data shows a 2009-end with comparisons to a 2008-end.  If you ...
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Oil Inventory Gains Trump Weak Refining (OIH, USO, OIL, UCO)

The Department of Energy has just released its weekly oil inventory data, which was something to watch considering the move up in oil and the cold weather of late.  The ...
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Inventory & SPR Data Confuse Oil Bulls & Bears (OIH, USO, OIL, UCO)

There were two very interesting events in the crude oil markets today.  As with almost all Wednesday's we got the weekly crude oil inventory data from the Department of Energy.  ...
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