1:16pm ET
Energy
Mixed Picture in Oil Rig Counts (BHI, OIH, USO)
With all of the trouble in drilling in the Gulf of Mexico, we wanted to look at the most recent weekly rig count data just released from Baker Hughes Inc. (NYSE: BHI). …
USO Coverage Page 26
6:02am ET
Energy
Can Apple Overtake ExxonMobil As #1 By Market Cap? (AAPL, XOM, MSFT, BP, XTO, USO)
24/7 Wall Street keeps a list of America’s biggest companies by market capitalization rates in its own proprietary Real-Time 500. The issue worth consideration here may seem rhetorical, yet it is almost…
11:03am ET
Energy
DOE: Crude Inventory & Refining Hold High (OIH, USO, VLO)
The Department of Energy released its weekly Crude Oil and energy inventories this morning. Some real surprises were seen considering the time of year we are in and the mess in the…
11:09am ET
Energy
DOE Data Shows Refineries Hanging Tough (OIH, USO, VLO, SUN, HES)
The weekly Department of Energy inventories data came out this morning. There seems to be good news for those looking for price stability as crude oil inventories went up and capacity rates…
12:31pm ET
Investing
New Oil Forecasts Looking Much Lower (OIL, USO, OIH, XOM, CVX)
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 its crude…
8:49am ET
Investing
The Twitter-24/7 Wall St. Stock Market Report 5.21 The Wisdom Of Crowds?
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
8:38am ET
Investing
The Twitter-24/7 Wall St. Stock Market Report 5.20 The Wisdom Of Crowds?
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
8:46am ET
Investing
The Twitter-24/7 Wall St. Stock Market Report 5.18 The Wisdom Of Crowds?
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
12:21pm ET
Investing
Fake Inflation, Real Deflation: Gold $1230 and Oil Under $70 (GLD, SGOL, GDX, USO, OIL, OIH)
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 of the…
10:31am ET
Energy
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 rig count…
1:21pm ET
Energy
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 Services HOLDRs…
1:19pm ET
Investing
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 has been…
10:43am ET
Energy
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 key ETFs…
9:47am ET
Energy
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 may act…
9:48am ET
Energy
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 even running…