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 HOLDRs (NYSE:…
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 the news…
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 looks like…
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 be financially…
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 an almost…
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 the Oil…
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 saw last…
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 wrench in…
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 watching the…
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 in with…
Oil flirted with the $50.00 handle today, which would be close to a 4-month high. This also marked the end of the April contract expiration, so now we roll over to May. …
