Surprise Inventory Build Sends Crude Prices Lower

Image of oil drums
From Tyler Durden: WTI prices rebounded back above $69 today after Saudi headlines and inched higher still into the API print. However, prices slipped lower after crude inventories saw a surprise build of 1.25mm barrels (vs expectations of a 2.5mm draw).
NYSE:USO September 19, 2018 6:10am

Oil Prices Are Stagnating Again

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From Jill Mislinski: It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are unchanged from last week.
NYSE:USO

Oil Bounceback Coming Soon?

oil-derrick
From Chris Vermeulen: I have focused my attention on the recent price rotation in the Crude Oil market.  I believe the recent downside rotation in price, while technically still in a bullish trend, is an excellent opportunity for traders to identify entry positions for a potential price rally to levels near of above $70~71 ppb.
NYSE:USO September 8, 2018 7:40am

Oil Prices Are On The Rise Once Again (USO)

oil-derrick2
From Jill Mislinski: It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are unchanged from last week.
NYSE:USO September 5, 2018 6:08am

Oil Prices Are Rising Again (USO)

oil-barrels
From Jill Mislinski: It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium are up a penny and unchanged, respectively, from last week.
NYSE:USO August 28, 2018 6:43am

Oil Bounces Higher Amid Larger Than Expected Inventory Draw (USO)

Image of an oil derrick with blue sky
From Tyler Durden: WTI rallied up to tag $68 (Sep) stops intraday Tuesday, as a U.S. plan to sell strategic oil reserves highlighted concerns about tightening global supplies, ahead of tonight's API report. 
NYSE:USO August 22, 2018 6:28am

Gasoline Prices Edge Lower As Oil Slips (USO)

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From Jill Mislinski: The price of Regular and Premium were both down two cents from last week. According to GasBuddy.com, Hawaii has the highest average price for Regular at $3.69 and San Francisco, CA is the most expensive city, averaging $3.74.
NYSE:USO August 21, 2018 6:00am

Surprise Inventory Increase Sends Oil Lower (USO)

Image of oil drums
From Zacks: The U.S. Energy Department's inventory release last week showed that crude stockpiles recorded a shock weekly build despite strong refinery utilization.
NYSE:USO August 19, 2018 7:22am

Oil’s Inevitable Meltdown Is Beginning (USO)

Image of oil drums
From Chris Vermeulen: If you have been following our analysis and research of the Crude Oil trend and the energy sector, you know we've been suggesting Crude would attempt a move lower and attempt to retest the $58~63 level.  It appears the breakdown in prices has begun.
NYSE:USO August 13, 2018 6:19am

Crude Oil Hit Hard By China Tariffs (USO)

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From Zacks: The trade tensions between the United States and China have hit a fever pitch.
NYSE:USO August 10, 2018 6:34am

Gasoline Prices Flat As Crude Oil Stabilizes (USO)

oil drum
From Jill Mislinski: The price of Regular was up one penny and Premium was unchanged from last week. According to GasBuddy.com, Hawaii has the highest average price for Regular at $3.71 and San Francisco, CA is the most expensive city, averaging $3.75.
NYSE:USO August 8, 2018 6:22am

Crude Oil Is In Trouble If This Support Line Breaks (USO)

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From Chris Kimble: The chart below looks at Monthly Crude Oil Futures over the past 16-years, with Fibonacci retracement levels applied to the monthly "closing highs in 2008 and the closing lows of 2016."
NYSE:USO August 2, 2018 9:43am

How U.S. Oil Will Become A Future Economic Weapon (USO)

oil-derrick
From Rodney Johnson: I took a gap year after college, and I decided to spend the winter in Jackson Hole, Wyoming.
NYSE:USO July 26, 2018 6:35am

Why Higher Oil Prices Aren’t Helping Russia That Much (USO)

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From Zacks: Just as Russia's economy started to benefit from a rebound in oil prices, alarming bells began started ringing. The economy witnessed the sixth straight quarter of growth after two years of contraction in Q1 of 2018.
NYSE:USO July 23, 2018 6:12am

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