Lack Of New Oil Discoveries Could Finally Spur Crude Price Rally

Image of an oil derrick with blue sky
From Nick Cunningham: The volume of new oil discoveries hit a record low in 2016, the result of severe cuts to exploration budgets amid plummeting oil prices. The number of new conventional drilling projects also dropped to the lowest level in 70 years, according to the International Energy Agency.
NYSE:USO April 28, 2017 9:38am

Weak Sector Earnings Are Hitting Oilfield Services ETFs

oil-derrick
From Zacks: A lot has been said about oil price recovery over the last few months. Oil prices, in fact, recovered in late 2016 following the OPEC output cut deal signed in November.
NYSE:OIH

One Big Catalyst For Gold Still Remains

gold-coin-2
From Jordan Roy-Byrne: Gold bulls were hopeful that Gold could break its 6-year downtrend, but recent underperformance in the gold stocks and Silver argued otherwise.
NYSE:GLD

U.S. Dollar Weakness Should Prove Bullish For Gold

fine-gold
From Sean Brodrick: Are you old enough to remember Warner Bros. cartoons? Man, I used to love those on Saturday mornings. And what’s happening to the U.S. dollar now reminds me a lot of the old "Road Runner" cartoons. I think King Dollar is having a "Wile E. Coyote" moment.
NYSE:IAU April 27, 2017 10:54am

Oil Fails To Hold Gains After Higher Than Expected Draw

Image of an oil derrick with blue sky
From Matt Smith: In today's game of rock-paper-scissors from the weekly EIA inventory report, crude inputs were propelled higher (like a rock), blunting the impact of super-strong imports (the scissors).
NYSE:USO

A Deeper Look At The ETF Options In The Agriculture Space

agriculture 600X300
The April showers in the Northeast U.S. where we are located have us thinking about the summer growing season and the fall harvest in terms of Agricultural ETPs.
NYSE:DBA April 26, 2017 1:35pm

Latest Crude Oil Buildup Shows How Difficult A Price Recovery Will Be

oil drum
From OilPrice.com: The American Petroleum Institute (API) reported a build of 897,000 barrels in United States crude oil inventories, compared to analyst expectations that markets would see a bit of relief with a crude oil draw of 1.6 million barrels.
NYSE:USO

After Years Of Turmoil, It’s An Exciting Time To Be An Energy Investor Again

Image of oil derricks
From Franklin Templeton Investments: Oil is back in the news, with the price of benchmark West Texas Intermediate (WTI) crude roughly doubling from last year’s lows driven by steady demand and coordinated supply cuts by Organization of Petroleum Exporting Countries (OPEC) and non-OPEC producers.
NYSE:XLE

Timber ETF In Focus As Trump Threatens Canadian Lumber Tariff

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From Tyler Durden: Speaking during a first of its kind meeting dedicated only to members of the U.S. conservative media, including Breitbart News, OANN and Daily Caller, President Trump told reporters to expect a 20% tariff on softwood lumber coming into Canada.
NASDAQ:WOOD April 25, 2017 6:39am

GLD’s France-Fueled Pullback Is A Big Buying Opportunity

gold-ring
From Sean Brodrick: Gold sold off hard on the news that a moderate won the first round of elections in France. Good!
NYSE:GLD

The Bullish Case For Oil Is Fading Fast

Image of oil drums
From Nick Cunningham: Oil prices took another dip on Monday, and with WTI down to $49 per barrel, crude oil has given up most of the gains that it had made so far this month, taking prices down to their lowest levels since late March.
NYSE:USO

How Successful Has The OPEC Production Cut Deal Been?

opec-logo
From Nick Cunningham: Oil prices took a hit last week after doubts resurfaced over the odds of an OPEC extension. The chances of an extension still seem good, but ultimately the decision to maintain production cuts will come down to whether or not the participating members view the reductions as a success. So, have the cuts been successful? That depends on your perspective.
NYSE:USO April 24, 2017 7:11am

Don’t Expect A Breakout In Oil Prices This May

Image of an oil derrick with blue sky
From Taki Tsaklanos: The price of crude oil was weak last week. Crude oil dropped from $53.20 early in the period, to $49.62 on Friday. That is a 6.7 percent drop in a week, which is rather significant -- even for a volatile asset like crude oil.
NYSE:USO April 23, 2017 6:33am

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