Crude prices are fundamentally based on supply and demand. Raise the supply or lower demand, and prices retreat. The opposite also holds true. Oil tankers can take up to one and a half miles to come to a stop, and up to 10 miles to make a u-turn. That’s a long time at the speed of an Read more…
NYSE:BNO, NYSE:DNO, OIH, OIL, USO
So you’re tired of getting gouged at the pump and would like to extract some manner of revenge against the high price of oil and gasoline. Great idea. But before you wander into the oil futures pits of the NYMEX or snap up a conveniently bundled ETF Read more…
NYSE:BNO, NYSE:CRUD, NYSE:DBO, NYSE:DNO, NYSE:DTO, NYSE:FOL, OIL, OLO, SCO, SZO, UHN, USL, USO
To find out a way to short oil, the CNBC Fast Money crew looked at the United States Oil ETF (NYSE:USO) as a vehicle for the trade. They note that the USO is a terrible way to go long oil, primarily because every month when the futures roll over, you’re losing money. However, now Read more…
NYSE:DDG, NYSE:DNO, USO
In trading on Monday, the PowerShares DB Silver (NYSE:DBS) is outperforming other ETFs, up about 7.54% on the day. Also up on the day are the Read more…
NYSE:DBS, NYSE:DNO, RTSA, SIVR, SLV, VXX
In trading on Thursday, the UBS E-TRACS Short Platinum ER ETN (NYSE:PTD) is outperforming other ETFs, up about 12.34% on the day. Also up on the day are the Read more…
NYSE:DBS, NYSE:DNO, PTD, SIVR, SLV, SZO, USV
Bob van der Valk: This year is an instant replay of 2008 with the average price of regular gasoline in the US expected to reach $4 per gallon in the next month. Californians have already surpassed Read more…
NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, OIL, OLO, UGA, USL, USO
In trading on Friday, the PowerShares DB Commodity Long ETN (NYSE:DPU) is outperforming other ETFs, up about 5.33% on the day. Also up on the day are the Read more…
NYSE:DBS, NYSE:DNO, NYSE:DPU, ROSA, SIVR, TDN
On Wednesday, Feb. 16 Israel said Iran is sending two warships into the Suez Canal on way to Syria, and that the action is considered a “provocation.” Due to the long history of bad blood between Read more…
NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, NYSE:DTO, OIH, OIL, OLO, SCO, SZO, UCO, UHN, USL, USO
Images of mass Egyptian protesters clashing with police in Cairo broadcasted around the world shook global financial markets on Friday, Jan. 28. Dow and S&P 500 both dropped more than 1%, Read more…
NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, NYSE:DTO, OIH, OIL, OLO, SCO, SZO, UCO, UHN, USL, USO
This is my last post on crude oil for a while, as I’m heading off to Mexico to look at a gold project. But I couldn’t leave without writing about crude oil one more time, for the simple reason that a Read more…
NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, NYSE:DTO, OIH, OIL, OLO, SCO, SZO, UCO, UHN, USL, USO
We are on a collision course with the next oil shock. Most people won’t know it until it hits them right between the eyes with all the force of a ball-peen hammer. By then it will be too late. Read more…
NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, NYSE:DTO, OIH, OIL, OLO, SCO, SZO, UCO, UHN, USL, USO
Every week, when the U.S. Energy Department releases its petroleum inventory data, we take an in-depth look at the oil market, using several indicators measuring the industry’s health from a Read more…
NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, NYSE:DTO, OIH, OIL, OLO, SCO, SZO, UCO, UHN, USL, USO
U.S. oil inventories declined for the third straight week, according to the weekly status report released by the U.S. Energy Department this morning. Government data showed commercial stocks Read more…
NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, NYSE:DTO, OIH, OIL, OLO, SCO, SZO, UCO, UHN, USL, USO
Since the start of the New Year, West Texas Intermediate (WTI) crude oil have been moving with significant bearish sentiment (See Chart) mostly on a lot of profit taking going around in the Read more…
NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, NYSE:DTO, OIH, OIL, OLO, SCO, SZO, UCO, UHN, USL, USO
The Christmas holiday has pushed back the release of the U.S. Energy Department’s weekly oil and fuel inventory report to Thursday. Traders, however, are pushing domestic crude prices back Read more…
NYSE:BNO, NYSE:DBE, NYSE:DBO, NYSE:DNO, NYSE:DTO, OIH, OIL, OLO, SCO, SZO, UCO, UHN, USL, USO
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