As OPEC Weighs Extension, Time To Get Bullish On Oil Producers? (XOP)

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From Dan Dicker: No need to bury the lede in this week’s column: OPEC will extend production guidelines in next week’s meeting in Vienna, and extend them even more than originally planned.
NYSE:XOP May 22, 2017 6:40am

Oil’s Recent Collapse Proves The Machines Are In Charge

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From David Yager: For an industry suffering from Post-Traumatic Stress Disorder (PTSD) almost 2.5 years after the oil price collapse, May 4 was a very long day.
NYSE:USO May 16, 2017 6:09am

Oil Surges On OPEC Extension News, But Will The Deal Work?

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From Tyler Durden: Goldman Sachs, which has been pushing for higher oil prices with seemingly daily bullish research reports for the past month, and which underwrote the last Saudi Arabian bond issue and is expected to also manage the Aramco IPO (explaining the bank's conflict of interest), released a note commeting on the latest development in the oil market, which sent the price of crude higher by 3% after Saudi and Russia oil minister agreed to extend the OPEC production cuts by another 9 months through the end of Q1 2018.
NYSE:UCO May 15, 2017 9:56am

What Comes Next For Oil & Gas ETFs?

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From Zacks: Which market sector outperformed all others in 2016? Knowing which sector has been hot could point to where you should invest in 2017.
NYSE:XOP May 12, 2017 6:10am

OPEC Weighs Bigger Production Cuts Amid Oil’s Latest Plunge

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Some OPEC members have begun to discuss the potential for deeper oil production cuts, as oil prices have failed to recover this year despite the cartel's best efforts to keep crude afloat.
NYSE:UCO May 8, 2017 1:56pm

Crude Oil Crashes To 9-Month Lows, OPEC Deal Gains Evaporate

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From Tyler Durden: "Someone's liquidating," warns one veteran energy trader, as the sudden heavy volume surge to the downside in WTI crude futures smashes oil prices back to the lowest since August 2016.
NYSE:USO May 4, 2017 4:26pm

OPEC’s Production Cut Extension May Wind Up Shorter Than Expected

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From Irina Slav: OPEC could extend its crude oil production cut agreement by less than six months – the period that is widely assumed to be the logical continuation of the initial deal, which will be in force until June 30.
NYSE:USO May 1, 2017 11:33am

OPEC Nations Are In Trouble If Oil Doesn’t Get Back To $60 Per Barrel

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From OilPrice.com: OPEC officials told The Wall Street Journal last week that the bloc’s biggest members are hoping for a $60 barrel from their oil supply rebalancing efforts that are currently underway.
NYSE:USO April 17, 2017 2:08pm

Here’s What Could Drive Oil Prices Higher This Summer

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From Osama Rizvi: Uncertainty is dominating today’s oil markets, with production cuts, ballooning inventories and a rising rig count all adding to oil price volatility. And as the summer driving season approaches and oil companies return to their projects here are four key factors to watch closely.
NYSE:USO March 28, 2017 6:42am

OPEC Deal Crumbling? Saudi Arabia Tiring Of “Free Riders”

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From Gregory Brew: From casual observation, one might be forgiven for referring to the OPEC production cut in place since November 2016 as the “Saudi production cut.”
NYSE:USO March 24, 2017 7:05am

Turning Point In Oil Markets Could Mean A 45% Surge In Oil Prices

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From Nawar Alsaadi: Often the most important turning points in markets, and in this case the oil market, happen with a whimper rather than a bang.
NYSE:USO March 20, 2017 6:21am

Traders Place Near-Record Bets Against Crude Oil

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From Tyler Durden: During a week that saw WTI crude prices erase all post-OPEC-production-cut-deal gains, after the Saudis admitted 'cheating' (but rapidly back-pedalled), oil speculators added almost 80,000 contracts to their short positions - the 2nd most in 34 years.
NYSE:USO March 19, 2017 8:07am

Here’s What Kept Oil Prices Low This Week

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From Matt Smith: It was quadruple witching day in the markets Friday, and accordingly, oil prices were scared stiff, hardly budging.
NYSE:USO March 18, 2017 7:14am

U.S. Shale Continues To Threaten OPEC’s Dominance

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From Tsvetana Paraskova: The U.S. shale cowboys are back on their horses and leading a strong recovery in the oil patch that is not expected to falter even as WTI prices dropped last week below $50 per barrel for the first time in more than two months.
NYSE:USO March 16, 2017 6:57am

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