Quantcast

Posts related to ‘oil’

Brazil’s Economy Becoming a Major Global Player

Posted: November 2, 2011 at 5:28 pm

What a difference two decades makes. Following the peaceful implosion of the USSR in December 1991, numerous opportunities opened worldwide. The Bush administration chose to devote its energies to achieving ...
Read Full Story »

Oil Prices Likely To Stay Below $85 (USO, OIL, OIH)

Posted: October 14, 2010 at 9:00 am

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 ...
Read Full Story »

Media Digest 7/1/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Posted: July 1, 2010 at 4:04 am

Reuters:   The House passed the financial reform bill leaving the Senate to act Reuters:   Work on the BP plc (NYSE: B) oil spill will be delayed because of Hurricane Alex. ...
Read Full Story »

New Oil Forecasts Looking Much Lower (OIL, USO, OIH, XOM, CVX)

Posted: May 25, 2010 at 12:31 pm

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 ...
Read Full Story »

Fake Inflation, Real Deflation: Gold $1230 and Oil Under $70 (GLD, SGOL, GDX, USO, OIL, OIH)

Posted: May 17, 2010 at 12:21 pm

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 ...
Read Full Story »

Oil Inventory Gains Trump Weak Refining (OIH, USO, OIL, UCO)

Posted: January 6, 2010 at 10:42 am

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 ...
Read Full Story »

Inventory & SPR Data Confuse Oil Bulls & Bears (OIH, USO, OIL, UCO)

Posted: December 30, 2009 at 11:28 am

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.  ...
Read Full Story »

Crude Prices Headed North (OIH)(USO)(OIL)

Posted: December 28, 2009 at 12:46 pm

Crude oil futures rose to their highest point in seven weeks this morning, trading above $79/barrel. Cold, snowy weather in the Northeast and the Midwest are the likely suspects ...
Read Full Story »

DOE Inventory Pleases Energy Bulls (OIH, USO, OIL)

Posted: December 16, 2009 at 10:44 am

There is some mixed data from the Department of Energy on its weekly inventory data today, although the negatives here seem to outweigh the gains.  We are watching the Oil ...
Read Full Story »

Rig Counts Mixed On Oil Prices (OIH, USO, OIL)

Posted: December 11, 2009 at 1:22 pm

The weekly rig count data from Baker Hughes Incorporated (NYSE: BHI) is out, and it seems that the corrective phase in the price of oil is starting to create mixed ...
Read Full Story »

Mixed Oil Inventories; Refineries Return (OIH, DIG, USO, OIL)

Posted: December 9, 2009 at 10:47 am

The weekly oil inventory data from the Department of Energy is out with some very mixed data.   The headline data on crude may be a shocker, but the rest of ...
Read Full Story »

Big Ben Talks Down The Dollar

Posted: December 7, 2009 at 1:48 pm

Friday's surprisingly strong job report sent the dollar soaring (NYSE: FXE, FXB, FXA, FXY).  Skittish currency traders got the impression that the improvement in the job market might prompt the ...
Read Full Story »

Rig Counts Staying Positive (BHI, OIH, DIG, USO, OIL)

Posted: December 4, 2009 at 1:23 pm

Baker Hughes Incorporated (NYSE: BHI) has just released its weekly rig counts.  It looks like we have another week of rig count growth on the three major counts, a positive ...
Read Full Story »

Solid Oil Inventory Data, Mixed Metrics (OIH, DIG, USO, OIL)

Posted: December 2, 2009 at 10:56 am

The Department of Energy has just released its new weekly data on oil inventories. The headline data looks good for those wanting lower oil prices, but there is actually some ...
Read Full Story »

DOE Oil Inventory Heads the Right Way (OIH, DIG, USO, OIL)

Posted: November 25, 2009 at 10:43 am

The Department of Energy has just released this week's oil inventories data.  While there are gains almost on all counts, this may not be enough.  The key ETFs that react to ...
Read Full Story »