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Posts related to ‘oil’

Rig Count Growth Mostly Positive (BHI, OIH, DIG, USO, OIL)

Posted: November 20, 2009 at 1:11 pm

Baker Hughes, Inc. (NYSE: BHI) has released its data on the weekly rig counts and most are up. We are watching the key ETF products react via the Oil Services ...
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Oil Inventories Heading Wrong Way (OIH, DIG, USO, OIL)

Posted: November 18, 2009 at 10:42 am

The Department of Energy has just released its weekly oil inventories data and those wanting stable prices from oil data may be disappointed.  We are watching the key ETFs around ...
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Oil Reserves

U.S. Oil Stockspiles Increase More Than Expected

Posted: November 12, 2009 at 11:23 am

Today's EIA Petroleum Status Report for last week shows oil inventories to have grown 1.8 million barrels.  Many analysts expected the number to have grown by 1 million barrels.  Oil ...
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Ida: The Hurricaneless Hurricane (OIH, USO, OIL, MUR, MRO, RDS, CVX, XOM)

Posted: November 9, 2009 at 10:27 am

Oil and gas companies have closed or winding down many US Gulf operations ahead of a very late in the year Hurricane Ida.  The weekend reports had this one dissipating ...
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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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Technician Call: Oil to $90+, But Questions Seasonality (USO, GLD, OIL, OIH)

Posted: October 14, 2009 at 10:15 am

Now that Gold has busted $1,000.00 and headed up almost every day since, the next target commodity is oil and the question is if black gold can mirror the performance ...
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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 Tries to Interpret Inventory Data (OIH, USO, OIL)

Posted: October 7, 2009 at 11:27 am

The Department of Energy gave some critical data in its weekly oil inventories.  Frankly, you can make a bullish case here and a bearish case as well.  The drop in ...
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Another Increase in Crude Inventories (CVX, XOM, OIL, USO, CIT)

Posted: September 30, 2009 at 1:07 pm

The US Department of Energy's Energy Information Administration has released its weekly status report on crude oil inventories, and once again they are higher, this time by 2.8 million ...
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Shaking It Up in Weekly Oil Inventories (OIH, USO, OIL)

Posted: September 16, 2009 at 10:42 am

The weekly data on oil inventories from the Department of Energy is out and we are seeing another bullish yet mixed bag here in the numbers for oil prices.  We ...
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