Oil Term Structure Favors Higher Prices

Crude oil continues to take the stairs to new highs Term structure tightens- Bonus time for the front-to-back crowd Brent-WTI rises- More gains on the horizon as US production declines Upside targets for crude oil in 2021 A commodity’s market
Read more ›
NYSE:USO January 19, 2021 11:03am

Crude Oil Reaches $50, Bullish Trend Confirmed

A surprise “gift” from Saudi Arabia on January 5 pushes crude oil through $50 The Georgia runoff election result is bullish for crude oil The technical levels to watch for as crude oil continues to take the stairs higher 2020
Read more ›
NYSE:USO January 12, 2021 9:44am

Exciting 2021 On The Horizon for Crude Oil

An over $100 trading range in nearby NYMEX futures in 2020 Lots of price action ahead in 2021 The US and global politics could light a bullish fuse The financial landscape is bullish for crude oil, but it could be
Read more ›
NYSE:USO January 4, 2021 10:15am

Shifting Dynamics Should Lead to Gains in 2021 for Crude Oil

Shifting energy dynamics Crude oil is still the king of the energy sector Bullish short-term- Politics will create volatility in 2021 Many markets tend to take the stairs higher and an elevator lower. In the stock market, the reason the
Read more ›
NYSE:USO December 28, 2020 9:26am

Crude Oil Facing Short-Term Headwinds

Crude oil rises to its highest price since early March Resistance at the half-century mark in NYMEX crude oil futures Inventory data is not bullish- Tightness in the forward curve An end to the pandemic is bullish, and so is
Read more ›
NYSE:USO December 21, 2020 9:50am

How High Can Crude Oil Go?

The OPEC+ news was bullish The new administration’s energy policy will be bullish The trend is higher- Expect a post-pandemic rally in 2021 Short-term bullish, long-term ugly 2020 has been a very volatile year in the crude oil market. At
Read more ›
NYSE:USO December 14, 2020 10:19am

Oil Rally Continues As OPEC Extends Production Cuts

OPEC+ tapers and extends output cuts into 2021- The market breathes a sigh of relief Crude oil continues to sit near the recent high Expect a significant taper in 2021 as the dollar, liquidity, stimulus, and US energy policy are
Read more ›
NYSE:USO December 7, 2020 10:40am

Brent Premium Over WTI Been Rising with the Price of Crude Oil

NYSE:USO December 1, 2020 10:14am

Seeds Being Planted for Big Move in Crude Oil

The bearish case- Risk-off, gridlock, and seasonality The bullish case- Vaccines, stimulus, a shift in US production policy, and the Middle East A false break lower- A return to the midpoint- A reckoning because of the massive level of inflationary
Read more ›
NYSE:USO November 23, 2020 11:27am

Are we Back to The Pivot Point or is it Time to Try the Upside?

NYSE:USO November 16, 2020 2:04pm

Crude Oil Jumps 9% Higher Following Positive Vaccine News

The future for the world’s leading producer of crude oil Fracking and regulation over the coming years Price dynamics for crude oil in the post-COVOD-19 world In March 2020, US crude oil output rose to a record 13.1 million barrels
Read more ›
NYSE:USO November 9, 2020 1:22pm

Crude Oil Falls Below the Bottom End of Its Trading Range

NYSE:USO November 2, 2020 7:28pm

Three Factors IMPACTING Oil in the Coming Months

November 3 is a significant day for the oil market A COVID-19 vaccine and the return of pent up demand The economic legacy of 2020 could become a powerful force for the energy commodity The path of least resistance to
Read more ›
NYSE:USO October 26, 2020 10:14am

Crude Oil ‘Coiling Like a Spring’, Election Likely to Have Big Impact

The energy commodity has a long history of taking the stairs higher and an elevator shaft to the downside The $40 level reflects over four months of price consolidation A referendum on energy policy for the world’s leading producer comes
Read more ›
NYSE:USO October 20, 2020 9:34am

The Bull and Bear Case for Crude Oil

Demand remains weak- The distillate crack sends a signal Significant production cuts were necessary to balance the market Commodity prices are leaning higher The global economic landscape points to inflationary pressures Crude oil has been trading around its $40 pivot
Read more ›
NYSE:USO October 5, 2020 10:06am

Free Investing Ideas Newsletter!

Join over 70,000 investors who get the latest insights and top rated picks from our free investment newsletter.

From Our Partners

5 WINNING Stock Chart Patterns

Most Popular

Explore More from ETFDailyNews.com

Free Investment Newsletter

Join over 70,000 investors who get the latest insights and top rated picks from our free investment newsletter.

ETFDailyNews.com respects your privacy.

Best ETFs

We've rated and ranked nearly 2,000 ETFs and ETNs using our proprietary SMART Grade system.

View Top Rated ETFs

Best Categories

We've ranked dozens of ETF categories based on relative performance.

Best ETF Categories