United States Oil ETF

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  • uploads///fdcbcadcf
    Macroeconomic Analysis

    Why the US Economy Stalled in 1Q15

    The US economy stalled in 2014 for several reasons, including seasonality, weather, strength of the dollar, the West Coast port strike, and the oil price slump.

    By Jeffrey Rosenberg
  • uploads///DNR Q WU Price Performance
    Company & Industry Overviews

    Why Has Denbury Resources Been Underperforming Crude Oil?

    In the last month, crude oil producer Denbury Resources (DNR) has seen its stock price underperform crude oil (USO) and natural gas (UNG) prices.

    By Nicholas Chapman
  • uploads///correlation
    Miscellaneous

    Which Upstream Stocks Are More Sensitive to Crude Oil?

    In the last three months, Abraxas Petroleum (AXAS) has had the highest positive correlation with WTI crude oil among upstream companies that are part of XOP.

    By Rabindra Samanta
  • uploads///Iraq
    Miscellaneous

    Iran and Iraq’s Role in OPEC’s Meeting

    The EIA estimates that Iran’s crude oil production was flat at 3.81 MMbpd in April 2017—compared to March 2017. Production rose 8.8% YoY.

    By Gordon Kristopher
  • uploads///Cush
    Miscellaneous

    Cushing Inventories Hit December 2014 Low

    Analysts estimate that Cushing inventories could have declined on March 2–9. The EIA is scheduled to release its crude oil inventories report on March 14.

    By Gordon Kristopher
  • uploads///WTI
    Materials

    Low crude oil prices impact gold

    Cheaper oil means lower inflation. This means gold should be affected negatively since it’s usually considered a hedge against inflation.

    By Anuradha Garg
  • uploads///earnings
    Earnings Report

    What Does Continental Resources’ Revenue Growth Trend Indicate?

    Continental Resources’ (CLR) 1Q16 revenue fell by ~27% YoY (year-over-year), while its YoY revenue growth was around -37% in 1Q15 and about -59% in 4Q15.

    By Keisha Bandz
  • uploads///image
    Miscellaneous

    Crude Oil Is Firming: Are Traders Looking for a Breakout?

    US crude oil April futures rose 0.4% in the week ending on February 24, 2017. WTI crude oil April futures closed at $53.99 per barrel on February 24.

    By Rabindra Samanta
  • uploads/// Year Break Even Inflation Rate Movement with Commodity Prices
    Fund Managers

    Where Will Commodities Head during Trump’s Term?

    Donald Trump’s policies are aimed at strengthening job markets in the United States (VFINX) (IVV).

    By Sarah Sands
  • uploads///WTI Brent Spread
    Energy & Utilities

    Must-know effects of the Ukraine crisis on your oil investments

    The immediate effect of the current crisis between Russia and Ukraine is that it has likely provided some support to oil prices and caused some volatility in oil prices.

    By Ingrid Pan
  • Financials

    Things you need to do today before inflation takes off

    So what should investors be doing today? While inflation may take another year or more to get going, it’s not too early to start implementing long-term inflation hedges.

    By Russ Koesterich, CFA
  • uploads///STOCK
    Energy & Utilities

    What Drove Whiting Petroleum Stock in 2017?

    Whiting Petroleum (WLL) stock rose 5.3% in the week ending December 29 from the previous week. However, the stock fell ~47.6% by the end of 2017.

    By Keisha Bandz
  • uploads///prod
    Earnings Report

    Apache’s Key Operational Highlights in 1Q16

    Apache Corporation’s (APA) pro forma production volume in 1Q16 was 479,000 barrels of oil equivalent per day, a fall of 20% year-over-year.

    By Keisha Bandz
  • uploads///US Crude Oil Quant
    Miscellaneous

    Is $30 for Crude Oil Coming?

    US crude oil (USO) (OIIL) (USL) (DBO) futures contracts for May delivery closed at $48.24 per barrel on March 21, 2017.

    By Rabindra Samanta
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    Miscellaneous

    WTI Crude Oil: Where It Could Settle This Week

    Crude oil’s (USO) (DBO) (USL) (OIIL) implied volatility was 26.6% on April 28, 2017, which was 4.6% above its 15-day average.

    By Rabindra Samanta
  • uploads///Energy MWU_ Commodities
    Miscellaneous

    How Energy Commodities Performed from June 18–20

    Energy stocks are rising this week. The Energy Select Sector SPDR ETF (XLE) has risen 1.2% from June 18–20.

    By Nicholas Chapman
  • uploads///Valuations
    Earnings Report

    KKR Saw Declining Valuations in 3Q15

    Returns to shareholders KKR & Co. L.P. (KKR) reported an economic net loss of $286 million for the third quarter of 2015. The company’s earnings decreased on a decline in the value of its holdings due to a market rout in 3Q15. KKR’s distributable earnings declined to $349 million, or $0.35 per unit, in 3Q15. The […]

    By Robert Karr
  • uploads///uso
    Macroeconomic Analysis

    USO Is a Better Trade Compared to XOP in Week of July 2

    Shares of USO trade on the NYSE like company stock. The fund lost ~5.3% in the week ended July 2.

    By Keisha Bandz
  • uploads///Indexed December
    Macroeconomic Analysis

    Why Alternative Asset Managers Rebounded in 2016

    Alternative asset managers such as Blackstone Group (BX), KKR (KKR), and Carlyle Group (CG) have rebounded sharply over the past three months.

    By Robert Karr
  • uploads///MRO WU_ Price Performance
    Miscellaneous

    Inside Marathon Oil’s Stock Performance Last Week

    Marathon Oil’s stock price fell from $15.91 to $15.16 last week, while crude oil prices fell from $53.18 per barrel to $49.62 per barrel.

    By Nicholas Chapman
  • uploads///Crude Oil Performance Relative To The Commodity Complex
    Miscellaneous

    Why Did Crude Oil Fall 2.2% Last Week?

    US crude oil prices (USO) (OIIL) fell by 2.2% in the week ended June 17, 2016. Crude oil closed at $47.98 per barrel on the same day.

    By Rabindra Samanta
  • uploads///DNR Q Post Production
    Earnings Report

    Denbury Resources’ Production Fell to a 3-Year Low in 2Q17

    For 2Q17, Denbury Resources’ continuing production averaged 59.8 Mboepd, which is ~5% lower than its 2Q16 continuing production of ~63.0 Mboepd.

    By Nicholas Chapman
  • uploads///Crude Oil Correlation Study
    Company & Industry Overviews

    Why Crude Oil Prices Don’t Impact Crude Producers the Same

    For the past month, Energen had the highest correlation of ~0.94 with WTI crude oil (USO) prices. Occidental Petroleum had the lowest correction coefficient.

    By Nicholas Chapman
  • uploads///Energy Sector in February
    Energy & Utilities

    What Put Pressure on the Energy Sector in February 2018?

    The US energy sector was badly affected by the recent market sell-off in February 2018.

    By Sarah Sands
  • uploads///GDP Growth in the Eurozone Is Steady
    Macroeconomic Analysis

    Developed Markets Offer Value after the Rout

    Developed markets are offering value. The Eurozone has come out of the recession and is seeing some green shoots of growth.

    By Russ Koesterich, CFA
  • uploads///Energy
    Earnings Report

    Berkshire’s Energy Business Rises on Rates and Utilities in 3Q

    BHE’s earnings before taxes rose to $1,246 million in 3Q16 as compared to $1,153 million during the same quarter last year.

    By Robert Karr
  • uploads///The WTI and the dollar index move in opposite directions
    Macroeconomic Analysis

    The Strengthening US Dollar Has Affected Oil Prices

    Weak global demand and a strengthening dollar have affected oil prices.

    By Russ Koesterich, CFA
  • uploads///Processed
    Macroeconomic Analysis

    Increased Spending, Electronic Payments Beneficial for Visa

    Visa’s total transactions grew by 11% on a YoY (year-over-year) basis in fiscal 4Q15. The company reported total transactions of 27.9 billion in fiscal 4Q15, as compared to 25 billion in fiscal 4Q14.

    By Robert Karr
  • uploads///Food Articles Inflation in India
    Macroeconomic Analysis

    Big Forces Behind India’s Future Monetary Policy

    Rate cut transmissions by commercial banks, inflation, and monetary policy actions by the Fed will have the largest influence on India’s future.

    By David Ashworth
  • uploads///image
    Miscellaneous

    What Could Drive Energy ETFs?

    Among the energy ETFs, the Energy Select Sector SPDR ETF (XLE) had the highest correlation with US oil (UCO) (USO) prices at 78.7% between May 11 and May 18, 2017.

    By Rabindra Samanta
  • uploads///Inflation fell in November
    Macroeconomic Analysis

    Inflation Remains Subdued

    Inflation remains subdued by all measures. Since inflation is way below the Fed’s long-term target, the Fed can afford to keep interest rates lower for a little longer.

    By Russ Koesterich, CFA
  • uploads///USO ETF
    Macroeconomic Analysis

    Growing Conflict in the Middle East Pushes Crude Oil to New Lows

    Growing conflict in the Middle East between Saudi Arabia and Iran, the major oil-producing countries of OPEC, has become a threat for crude oil prices.

    By Sarah Sands
  • uploads///Indias CPI Combined
    Macroeconomic Analysis

    India’s Consumer Price Index Is Tethered but Risky

    The RBI had headroom to make a further rate reduction in August, but then the bank resisted, citing the rise in core inflation.

    By David Ashworth
  • uploads///prod
    Earnings Report

    Oasis Petroleum’s 1Q16 Production and Operational Highlights

    Oasis Petroleum’s (OAS) total 1Q16 production volume was 50,315 boepd (barrels of oil equivalent per day). This represents a flattish year-over-year growth.

    By Keisha Bandz
  • uploads///Inflation Has Been Dipping Over the Last Few Months
    Macroeconomic Analysis

    Why Robust Growth Could Lead to an Early Rate Hike

    Robust growth could lead to an early rate hike—despite low inflation. Low inflation rates are one of the reasons why Treasury yields have remained low.

    By Matt Tucker, CFA
  • uploads///Energy
    Earnings Report

    Berkshire Hathaway’s BHE Benefits from Power Stations in 2Q16

    BHE’s earnings before taxes rose to $666 million in 2Q16, as compared to $649 million during the same quarter last year.

    By Robert Karr
  • uploads///WTI and Gasoline Prices
    Macroeconomic Analysis

    Do Crude Oil Prices Hold the Key to a Rate Hike in the US?

    Cushing, Oklahoma WTI prices fell to $41.93 a barrel on August 17—the lowest since early March 2009. Iran flooding the market with its oil is one of the reasons for this fall.

    By David Ashworth
  • uploads///US Crude Oil Inventories Rose
    Macroeconomic Analysis

    US Crude Oil Inventories Rose: What It Could Mean for Oil Prices

    According to the EIA’s (Energy Information Administration) report on February 15, 2017, US crude oil inventories rose 9.5 MMbbls (million barrels) in the week ended February 10, 2017.

    By Sarah Sands
  • uploads///COP WU_ Price Performance
    Miscellaneous

    What Just Happened to ConocoPhillips Stock?

    Last week (ended May 26), crude oil prices fell from $50.67 per barrel to $49.80 per barrel.

    By Nicholas Chapman
  • uploads///dafefdaecabca
    Macroeconomic Analysis

    Crude Oil Prices Fall Due to Possible Panic Selling

    NYMEX-traded WTI crude oil futures contracts for September delivery fell by 2.47% and settled at $42.23 per barrel on Thursday, August 13, 2015.

    By Gordon Kristopher
  • uploads///Global Markets Moving in a Positive Direction
    Macroeconomic Analysis

    These Key Economic Indicators Were Released Last Week

    In this series, we’ll take a look at the final US 2Q16 GDP reading, Japan’s retail sales for August, US consumer confidence in September, and US weekly crude oil inventories.

    By Sarah Sands
  • uploads///crude oil demand and supply
    Energy & Utilities

    What Might Cap Rising Crude Oil Prices?

    The US crude oil (USO) supply includes domestic production and imports. The supply gets consumed as inputs to refineries and exports.

    By Rekha Khandelwal, CFA
  • uploads///CRC Q Post Production
    Company & Industry Overviews

    Drill Down into California Resources’ 2Q17 Operational Performance

    For 2Q17, California Resources (CRC) reported total production of 129 Mboepd, which is below the midpoint production guidance of 128 Mboepd to 133 Mboepd.

    By Nicholas Chapman
  • uploads///stock
    Energy & Utilities

    Could Crude Oil Prices Give Chesapeake Stock a Much-Needed Boost?

    Chesapeake Energy (CHK) stock has been choppy in the last few weeks, and its stock has been following the movements in energy prices. Since the beginning of 2017, CHK stock has fallen 28%.

    By Keisha Bandz
  • uploads///image
    Miscellaneous

    Brent-WTI Spread: Why It’s Crucial for Energy Investors

    On March 28, 2017, WTI (West Texas Intermediate) crude oil active futures were trading at a discount of $2.96 per barrel to Brent crude oil active futures.

    By Rabindra Samanta
  • uploads///USO
    Macroeconomic Analysis

    Commodity ETFs a Riskier Bet Last Week Than XOP

    While retail investors don’t have easy access to the futures market, they can benefit from access to safer, low-cost avenues such as energy ETFs to bet on WTI crude prices.

    By Keisha Bandz
  • uploads///HISTORICAL
    Company & Industry Overviews

    Chesapeake Energy Is Trading In-Line with Its Historical Multiples

    Chesapeake Energy’s 4Q15 EV-to-EBITDA multiple is in-line with its historical average of ~5.8x. The market value of its equity declined by ~71% year-over-year.

    By Keisha Bandz
  • uploads///OPEC
    Miscellaneous

    What to Expect from OPEC’s Crude Oil Production in August 2017

    October WTI (or West Texas Intermediate) crude oil (USO) (UCO) futures contracts rose 0.4% and were trading at $47.73 per barrel in electronic trade at 2:00 AM EST on August 22, 2017.

    By Gordon Kristopher
  • uploads///oil sunset crude oil pic
    Miscellaneous

    Crude Oil and Natural Gas Futures Rose, SPY Fell

    The energy sector, which accounts for ~6.2% of the S&P 500 Index, fell 0.4% on June 13. XLE fell ~0.4% to $76.42 on June 13.

    By Gordon Kristopher
  • uploads///Returns
    Miscellaneous

    Midstream companies withstand falling energy prices, for now

    Companies in the midstream sector don’t have direct exposure to falling energy prices. At least, not in the immediate term.

    By Alex Chamberlin
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    Miscellaneous

    Why Oil Prices Could Increase More

    On January 22, 2018, US crude oil active futures were 3.1%, 7.8%, 15.8%, and 23.7% above their 20-day, 50-day, 100-day, and 200-day moving averages.

    By Rabindra Samanta
  • uploads///oil port _
    Miscellaneous

    What Caused the U-Turn in Oil Prices?

    On February 15, 2018, US crude oil’s April 2018 futures rose 1.1% and settled at $61.17 per barrel. On the same day, the US dollar fell 0.6%.

    By Rabindra Samanta
  • uploads///Russia Moves to Positive Growth Territory
    Macroeconomic Analysis

    Russia’s GDP Is Back to Positive Territory

    The recovery of oil prices in the second half of 2016 has helped the Russian economy recover from negative growth in 4Q16.

    By Mary Sadler
  • uploads///p
    Miscellaneous

    Why Did Oil Prices Move Higher?

    On February 22, 2018, US crude oil’s April 2018 futures rose 1.8% and closed at $62.77 per barrel.

    By Rabindra Samanta
  • uploads///Distillate inventories
    Energy & Utilities

    US Distillate Inventories Rose for the Sixth Time in 7 Weeks

    US distillate inventories increased for the sixth time in the last seven weeks. The inventories rose ~11% in the last seven weeks.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Are Traders Confident about the Oil Supply-Demand Balance?

    Between December 29, 2017, and January 8, 2018, the premium and the oil prices rose. The market expects a tightening supply-demand balance for oil in 2018.

    By Rabindra Samanta
  • uploads///Inflation has dipped mainly because of the dip in oil prices
    Macroeconomic Analysis

    The Tails Of The Yield Curve May Provide Value

    The tails of the yield curve may provide more value due to low inflation.

    By Matt Tucker, CFA
  • uploads///dbcabdebdeeec
    Macroeconomic Analysis

    US Dollar at a 13-Year High: Crude Oil Market’s Turning Point?

    The US Dollar Index rose 0.4% to 101.4 on November 18, 2016—the highest level in the last 13 years. It also rose 4% in the last two weeks.

    By Gordon Kristopher
  • uploads///dacdfdbbabfabdeb
    Macroeconomic Analysis

    Bear Market: Crude Oil Prices Hit March 2009 Lows

    September WTI crude oil futures contracts trading in NYMEX rose slightly by 0.64% on August 14. Crude oil prices rose despite oversupply concerns.

    By Gordon Kristopher
  • uploads///Crude oil quant data
    Miscellaneous

    EIA Could Report Record Crude Oil Inventory Levels

    US crude oil futures contracts for March delivery closed at $53.20 per barrel on February 14, 2017—0.5% more than the previous closing price.

    By Rabindra Samanta
  • uploads///USO etf may
    Macroeconomic Analysis

    Consensus of Supply Disruptions Boosts Crude Oil Prices

    The consensus of a sudden decrease in supply means the gap between supply and demand will decrease. This supports an increase in crude oil prices.

    By Gordon Kristopher
  • uploads///aaebadebdeefcdbdeabd
    Macroeconomic Analysis

    Crude Oil Prices Fall Due to Weak Demand Cues

    NYMEX-traded WTI crude oil futures contracts for October delivery fell by 1.41% on September 14. The speculation of slowing demand put pressure on crude oil prices.

    By Gordon Kristopher
  • Energy & Utilities

    Which Oil ETFs Fell Less than Oil Last Week?

    On November 2–9, the United States Oil ETF (USO) and the United States 12-Month Oil ETF (USL) fell 4.6% and 3.8%, respectively.

    By Rabindra Samanta
  • uploads///USO ETF  June
    Macroeconomic Analysis

    Crude Oil Prices Fall: Profit-Booking and Strong US Dollar

    July WTI crude oil futures trading in NYMEX fell by 1.39% and closed at $59.61 per barrel on Friday, June 19—led by the strengthening US dollar and profit-booking.

    By Gordon Kristopher
  • uploads///usdx and crude oil
    Macroeconomic Analysis

    OPEC and the US Dollar Pressured Crude Oil Prices

    The US Dollar Index fell 0.2% to 101.5 on November 25, 2016. However, it hit 102 on November 24, 2016—the highest level in nearly 14 years.

    By Gordon Kristopher
  • uploads///US crude oil production
    Miscellaneous

    Crude Oil Futures Rose for the Seventh Straight Day

    August US crude oil futures contracts rose 2.5% and closed at $46.04 per barrel on June 30. Brent crude oil futures rose and settled at $47.92 per barrel.

    By Gordon Kristopher
  • uploads///wti candle
    Energy & Utilities

    Will WTI crude oil hit $32 per barrel?

    WTI crude oil has declined ~58% since June 2014. Crude oil prices will likely remain on a downward trend with the current oil glut and a weak demand.

    By Gordon Kristopher
  • uploads///fdbfeaadcfbfecf
    Macroeconomic Analysis

    What Could China’s March Data Mean for Crude Tanker Investors?

    After a steep dip to a four-month low in January, crude oil imports in February jumped, which was a good sign for crude tanker investors.

    By Sue Goodridge
  • uploads///edeadfaaeeeb
    Macroeconomic Analysis

    Crude Oil Prices Are Steady despite Record Output Estimates

    October WTI crude oil futures contracts trading in NYMEX rose slightly by 0.12% on August 20, 2015. Crude oil prices rose due to the depreciating US dollar.

    By Gordon Kristopher
  • uploads///USO ETF July
    Macroeconomic Analysis

    Crude Oil Prices Rally despite the Iran Nuclear Accord

    NYMEX-traded WTI (West Texas Intermediate) crude oil futures contracts for August delivery rose by 1.10% and settled at $53.04 per barrel on July 14, 2015.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Crude Oil’s Recovery Could Be Difficult

    WTI (West Texas Intermediate) crude oil June futures closed at $46.22 per barrel on May 5, 2017—a 1.5% rise from the previous trading session.

    By Rabindra Samanta
  • uploads///USO  month chart May
    Macroeconomic Analysis

    Crude Oil Prices Change Marginally: Led by China’s Imports

    NYMEX-traded June WTI crude oil futures gained slightly by 0.76% and settled at $59.39 per barrel on May 8, 2015. Crude oil prices changed marginally.

    By Gordon Kristopher
  • uploads///FCF
    Earnings Report

    What Are Callon Petroleum’s Free Cash Flow Trends?

    In 3Q16, Callon Petroleum (CPE) reported CFO (cash flow from operations) of ~$12.3 million, which is ~51% lower than its CFO in 3Q15.

    By Keisha Bandz
  • uploads///USO chart  may
    Macroeconomic Analysis

    Crude Oil Prices Drop on Speculation of a US Shale Rebound

    WTI crude oil futures for June delivery declined slightly by 0.24% and closed at $59.25 per barrel on May 11. The EIA released the monthly drilling report yesterday.

    By Gordon Kristopher
  • uploads///A Stronger Dollar Could Be a Headwind for Oil Prices in
    Miscellaneous

    Where Oil Prices Could Head

    USCF OPEC’s decision to cut 1.2 mbd has already had a significant price effect, and compliance has already started. Production dropped 3% in December. At the moment, all eyes are on whether OPEC members will comply, and whether returning supply from Libya and Nigeria may offset any cuts OPEC has announced. The bigger wildcard is the U.S. It […]

    By John Love
  • uploads///asia
    Miscellaneous

    Notable Gainers and Losers among Major Currency Pairs

    Major Asian currency pairs were trading on a negative bias against the US dollar on August 12, 2016. The US dollar broadly rose against the other currencies.

    By David Meyer
  • uploads///image
    Miscellaneous

    What the Brent–WTI Spread Indicates

    On August 15, Brent crude oil active futures were trading $3.25 more than the WTI crude oil active futures. On August 8, the spread stood at $2.97.

    By Rabindra Samanta
  • uploads///NG rigs
    Energy & Utilities

    OPEC Could Pressure US Natural Gas Prices in 2018

    US natural gas rigs rose 35% in the last 12 months, while US natural gas prices (UNG) fell 20% during this period.

    By Gordon Kristopher
  • uploads///US production
    Miscellaneous

    Analyzing the US, Canada, and Brazil’s Crude Oil Production

    The US is the world’s third-largest crude oil producer. US crude oil production rose by 15,000 bpd to 9,320,000 bpd on May 12–19, 2017.

    By Gordon Kristopher
  • uploads///USO ETF  July
    Macroeconomic Analysis

    Crude Oil Prices Decline Again, Led by Cushing Stockpiles

    On July 16, crude oil rices declined for the second day in a row, led by a strong dollar and oversupply concerns.

    By Gordon Kristopher
  • uploads///India
    Miscellaneous

    India’s Crude Oil Imports Surged in January

    India’s crude oil imports increased 12.5% to a record high of 4.93 MMbpd in January 2018—compared to the previous month.

    By Gordon Kristopher
  • uploads///OPEC
    Miscellaneous

    OPEC’s Crude Oil Production: Key for Crude Oil Traders?

    A Bloomberg survey estimates that OPEC’s crude oil production rose by 315,000 bpd to 32.21 MMbpd in May 2017—compared to the previous month.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Inventories Spread Could Boost Your Long Bets on Oil

    The EIA’s crude oil inventory report for the week ending July 14 will be announced on July 19. Analysts expect crude oil inventories to fall by 3.6 MMbbls.

    By Rabindra Samanta
  • uploads///image
    Miscellaneous

    Why Oil Prices Could Lose Momentum

    On January 25, 2018, US crude oil’s (USO) (USL) March 2018 futures fell 0.2% and settled at $65.51 per barrel.

    By Rabindra Samanta
  • uploads///image
    Miscellaneous

    How the Dollar Is Affecting Oil

    US crude oil (DBO) (USL) (OIIL) July futures rose 5% between May 16 and May 23, 2017.

    By Rabindra Samanta
  • uploads///Cushing
    Miscellaneous

    Cushing Crude Oil Inventories: Biggest Weekly Fall since January

    Cushing crude oil inventories have fallen for the ninth time in ten consecutive weeks. Any fall in Cushing inventories is bullish for crude oil prices.

    By Gordon Kristopher
  • uploads///aacfbeafefccabefbd
    Macroeconomic Analysis

    Crude Oil Prices Hit a 4-Week High Led by Slowing US Production

    November WTI crude oil futures contracts trading in NYMEX rose by 4.9% on October 6. Crude oil prices rose due to slowing US production and rising retail demand.

    By Gordon Kristopher
  • uploads///Picture
    Miscellaneous

    Why Is the Risk in Oil Prices Rising?

    On December 5, 2017, US crude oil (USO) (USL) January 2018 futures rose 0.3%. The API’s oil inventory data might have supported oil prices on the same day.

    By Rabindra Samanta
  • uploads///oil and inventory
    Miscellaneous

    How Will the API’s Crude Oil Inventories Impact Oil Prices?

    On May 16, 2017, the API will release its weekly crude oil inventory report. A fall in crude oil inventories could support US crude oil (BNO) (PXL) prices.

    By Gordon Kristopher
  • uploads///oil port _
    Miscellaneous

    Analyzing the Weakness in Crude Oil

    On March 8, 2018, US crude oil April 2018 futures declined 1.7% and closed at $60.12 per barrel.

    By Rabindra Samanta
  • uploads///USO chart  month april
    Macroeconomic Analysis

    WTI Crude Oil Resumes Its Rally on Consensus of Slowing Stock Piles

    NYMEX-traded WTI crude oil for May futures increased by 1.15% on Monday. Prices closed at $56.38 per barrel on April 20, 2015.

    By Gordon Kristopher
  • uploads///COP WU_ Correlation
    Energy & Utilities

    Did Natural Gas Prices Move ConocoPhillips Stock Last Week?

    For the week ending November 17, ConocoPhillips (COP) stock had shown the highest correlation of ~91% with natural gas (UNG).

    By Nicholas Chapman
  • uploads///image
    Energy & Utilities

    Which Natural Gas–Weighted Stocks Could Follow Oil?

    WPX Energy had the lowest correlation with natural gas prices in the past five trading sessions. Southwestern Energy had among the highest correlations.

    By Rabindra Samanta
  • uploads///Crude Oil Quant
    Miscellaneous

    Could Crude Oil Prices Fall to $40 in April 2017?

    OECD commercial crude oil and other liquids inventory days of supply could rise in April, possibly pushing oil prices back near $40.

    By Rabindra Samanta
  • uploads///image
    Macroeconomic Analysis

    Will the Fed and US Dollar Impact Crude Oil Prices?

    The US dollar and crude oil (IEZ) (PXI) are usually inversely related. A rise in the US dollar makes crude oil more expensive for oil importers.

    By Gordon Kristopher
  • uploads///bcbaedaacffeebbccaaac
    Macroeconomic Analysis

    US Dollar near 7-Month High: Will It Pressure Crude Oil Prices?

    November West Texas Intermediate crude oil futures contracts fell 0.8% and settled at $49.94 per barrel on October 17, 2016.

    By Gordon Kristopher
  • uploads///stock trading monitor desk
    Energy & Utilities

    Why Did Oil Prices Fall?

    On March 22, natural gas April 2018 futures declined 0.8% and settled at $2.62 per million British thermal units.

    By Rabindra Samanta
  • uploads///P
    Miscellaneous

    Where Oil Prices Could Head this Week

    Between November 10 and November 17, US crude oil (USO)(USL) January futures fell 0.5%—the first weekly loss in the last six weeks.

    By Rabindra Samanta
  • uploads///Natural gas
    Miscellaneous

    US Jobs Help S&P 500 to Rise on July 6, Oil and Gas Also Rise

    The S&P 500 rose ~0.85% to 2,759.82 on July 6, its highest level in two weeks.

    By Gordon Kristopher
  • uploads///USO ETF May
    Macroeconomic Analysis

    US Dollar and Oversupply Weigh Heavily on WTI Crude Oil Prices

    July WTI crude oil futures contracts trading in NYMEX slumped by 2.83% and settled at $58.03 per barrel on Tuesday, May 26, 2015. Crude oil prices plunged.

    By Gordon Kristopher
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