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Posts related to ‘oil’

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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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Huge Surprise in Oil Inventory Data (OIH, USO, OIL)

Posted: September 10, 2009 at 11:12 am

The Department of Energy just released the weekly inventory data in crude and oil products, and the headline figures are huge on the surface.  We have been watching the Oil ...
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Oil Rig Counts Staying Stronger (BHI, OIH, USO, OIL)

Posted: September 4, 2009 at 1:54 pm

Baker Hughes, Inc. (NYSE: BHI) issued its weekly rig counts and the counts are still going in the right direction overall if you like to see increased drilling activity.  This ...
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Oil Inventory Surprise (OIH, USO, OIL)

Posted: September 2, 2009 at 10:45 am

The Department of Energy has just released its weekly inventory data for crude oil, gasoline, distillates, and refining levels.  This week was marked by draw-downs but because of the weakness ...
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More Rigs Chasing Higher Oil (BHI, OIH, USO, OIL)

Posted: August 28, 2009 at 1:42 pm

Rig Counts Chasing Oil Prices (OIH, USO, OIL) The weekly rig count data from Baker Hughes Inc. (NYSE: BHI) is out, and this last week we are seeing a bump ...
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Crude Inventories See Small Gain (OIH, USO, OIL)

Posted: August 26, 2009 at 10:47 am

Last week's draw-down in crude oil is not being mirrored this week.  We just saw the weekly Department of Energy  inventories and the reading came to a gain of 128,000 ...
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Higher Oil Brings Mixed Data on Rig Counts (BHI, OIH, USO, OIL)

Posted: August 21, 2009 at 1:13 pm

Baker Hughes Incorporated (NYSE:BHI) has released its weekly data on rig counts, and it seems that the suddenly higher oil prices are reversing some declines.  There has still been no ...
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Crude Inventories Dampen Energy Prices (USO, OIL)

Posted: August 5, 2009 at 10:47 am

The weekly data from the Department of Energy is showing some gains in crude oil again and some weaker-than- expected gasoline draws.  Weekly crude oil inventories went up by 1.67 ...
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Oil Inventories Confirm Technical Event in ETF Charts (USO, OIL)

Posted: July 29, 2009 at 10:54 am

Oil was already against the ropes and off current highs because of the CFTC seeking limits on speculators and on non-end-user trading activities in the energy commodity markets.  But this ...
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Rig Counts Climb With Higher Oil (BHI, USO, OIL)

Posted: July 24, 2009 at 12:23 pm

Baker Hughes Incorporated (NYSE: BHI) has released its newest data on rig counts for the last week, and it seems that oil and gas producers might finally be increasing their ...
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Oil Inventories Show Mixed Demand (USO, OIL)

Posted: July 15, 2009 at 9:37 am

The Department of Energy has just released its weekly oil inventories.  As this is the summer driving season, we saw a drop in crude and a build in gasoline inventories.  ...
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Lower Oil Begets Lower Rig Counts… Again (BHI, USO, OIL)

Posted: July 10, 2009 at 12:37 pm

It looked for a moment as though the oil and gas rig counts were finally stabilizing.  Prices had recovered sharply from lows and were challenging $70.00.  But as you can ...
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Repeat of Oil Inventory Trends (USO, OIL)

Posted: July 8, 2009 at 9:38 am

The weekly oil inventories data came out of the U.S. Department of Energy at 10:30 AM EST this morning.  Crude Oil was already down under $62.00 on global economic worries, ...
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ETF/ETN Investors Have To Watch CFTC Speculation/Limitation Rules (USO, UNG, GAZ, OIL, JJC, GLD)

Posted: July 7, 2009 at 12:46 pm

We are witnessing a pivotal moment in investing history.  After a decade of opening up all markets to the public and to more speculators with exchange traded products, some might ...
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Crude Inventories Mixed For Holiday Weekend Demand (USO, OIL)

Posted: July 1, 2009 at 9:38 am

The weekly oil inventories data came out of the U.S. Department of Energy at 10:30 AM EST this morning.  Crude Oil was already much higher on worries that draw-downs were ...
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