Mastercharts
Posted - 6 hours ago
Discretionary Sector Confirms Stock Rally | Oil To $40? | Gold & Copper Struggle. Watch Latest Market Recap Here: https://www.masterchartstrading.com/blog/dec-6-2024-discretionary-sector-confirms-stock-rally-oil-to-40-gold-copper-struggle #stockmarket #gold #oiltrading #trading #investing #COPPER $GLD $USO $XLY $XOP #oil #Crudeoil
SonGoku
Posted - 6 hours ago
Do you guys think oil stocks lower next year ?? $SPY $XLE $USO would you be overweight, underweight or no positions in oil for 2025 ??
HarrisMint
Posted - 7 hours ago
$USO running C73 expire next Friday.
WallStreetBuyDip
Posted - 7 hours ago
September was a great month with just 1 small loss.
I’m very strict when I make my plays. Results speak for themselves.
$SPX $TLT $GLD $XLE $USO
SonGoku
Posted - 10 hours ago
Crude oil chart starting to look a bit weak on the 5 year chart. $USO $XLE
Goodlongs
Posted - 13 hours ago
$USO , $UCO , $OILK , $CL_F Too much oversupply, they can't help themselves.
So sad for crude oil
PermianTrader
Posted - 13 hours ago
$XOP $PR $USO I love this shit. No need for Vegas when you have this casino. Place your bets! $SPY $QQQ
PearlsToPigs
Posted - 13 hours ago
I was wrong on $USO this week - but still make a few $$$ on it - crediting my discipline not to get greedy and stupid there - always give yourself credit when you can - because we all beat ourselves up too much when we're wrong -
PermianTrader
Posted - 13 hours ago
$USO $XOP $PR time of reckoning.
PermianTrader
Posted - 14 hours ago
$PR $XOP $USO the weakness may be setting up for a leg down. XOP needs to stay above 135.00 while USO needs to stop sliding lower. PR breaks below the 50 Day makes it a sell with no support below.
Goodlongs
Posted - 14 hours ago
$USO , $UCO , $OILK , $CL_F As We know, too much over supply & reduced demand. "Libyan Oil Production Hits an 11-Year High
By Editorial Dept - Dec 06, 2024, 8:00 AM CST"
$60 oil soon
Jahaba
Posted - 15 hours ago
$USO $UCO $CL_F Morgan Stanley Raises Brent Oil Forecast for Late 2025 By Charles Kennedy - Dec 06, 2024, 9:30 AM CST
Jahaba
Posted - 15 hours ago
$USO $UCO $CL_F China, the world’s second-largest oil consumer, reported its fastest factory activity growth in five months, reinforcing optimism about future crude demand. By Editorial Dept - Dec 06, 2024, 8:00 AM CST
PermianTrader
Posted - 16 hours ago
$PR $USO $FANG 6-month low area.
Jahaba
Posted - 16 hours ago
$USO $UCO $CL_F Smart to be long over the weekend due to geopolitics and possibility of the impact on crude supply
Jahaba
Posted - 17 hours ago
$USO $UCO $CL_F building up more long position, demand is to pick up. China and OPEC+ Provide Support for Oil Prices By Editorial Dept - Dec 06, 2024, 8:00 AM CST
Jahaba
Posted - 19 hours ago
$USO $UCO $CL_F Czech Republic readies emergency oil reserves after Russia supplies interrupted Deliveries via the southern leg of Druzhba oil pipeline from Russia were halted early on Wednesday.
Jahaba
Posted - 19 hours ago
$USO $UCO $CL_F we added some more, the base is confirmed and crude could start gaining
Goodlongs
Posted - 19 hours ago
$USO , $UCO , $OILK , $CL_F Opinion: If World War III were indeed to happen, it would mean a loss of countless lives, along with a terrible fate for the global economy.
Goodlongs
Posted - 19 hours ago
$USO , $UCO , $OILK , $CL_F Crude oil oversupply glut may be larger than ever before since the crude crash of 2020. OPEC voluntary cuts are unwinding and more price wars are coming. Much cheaper crude is inevitable, not even counting DRILL baby DRILL.
BrickViews
Posted - 20 hours ago
$USO $UNG $NINE $KLXE Better than forecast nonfarm payrolls
4.2% unemployment The Fed will cut .25 this month and signal caution going forward
Oil typically pumps on good non farm payrolls than dumps. This time will be the opposite. Crude is finding a bottom. Nat gas bears go from weather doesn’t matter to the only thing they focus on. Demand from AI and Data Centers plus increased export capacity is around the corner Unbelievable how investors want to push multiples on tech when energy is so undervalued Make Energy Investing Great Again God Bless🙏💪🇺🇸
topstockalerts
Posted - 20 hours ago
$USO U.S. oil producer Chevron on Thursday said it will take up to $1.5 billion in fourth-quarter charges for restructuring, asset impairments and property sales costs.
Much of the charges are for job cuts and relocations planned for the next two years, the company said in a statement. Chevron did not disclose how many jobs would be lost among its 45,000 workers.
The cost cutting and asset sales come amid a year-long profit slide that required borrowing to cover shareholder payouts. The No. 2 U.S. oil producer earlier said it aimed to cut up to $3 billion in costs through 2026.
Oil companies have turned to acquisitions to lift reserves and output, requiring less expenditures on new fields. Chevron will cut 2025 project spending by $2 billion from about $19 billion this year, after offering $53 billion to buy rival Hess
.
Goodlongs
Posted - 20 hours ago
$USO , $UCO , $OILK , $CL_F Crude free falling because OPEC lies & OPEC cheats.
Too much oversupply & reduced demand.
Jahaba
Posted - 21 hours ago
$USO $UCO $CL_F New sanctions on Iranian & Russian oil reduces supply. Russian Oil Supply via Druzhba Pipeline to Czech Republic Remains Halted By Charles Constantinou - Dec 05, 2024,
Jahaba
Posted - 21 hours ago
$USO $UCO $CL_F Crude made a classical double bottom & confirmed this morning. expecting strong up trending.
Jahaba
Posted - 21 hours ago
$USO $UCO $CL_F WE are back in crude. Syria could lose 300K bpd in production
DonCorleone77
Posted - 22 hours ago
$OIL $OIH $USO $XOP $XLE Oil Action as of 6:55am: Oil prices remained under pressure amid concern that strong non-OPEC output and modest demand will see the market heading for a supply glut. Yesterday's OPEC+ decision to delay the planned output cut increase wasn't enough to calm. OPEC+ members are now planning to start a gradual increase in April and phase out production cuts over 18 months. The UAE also announced that it would delay the planned 300K bpd increase in its crude production target from January to April. Oil prices have essentially moved sideways this year, but today's U.S. data could still shake things up. The front end WTI contract is down -0.99% on the day at USD 67.63 per barrel, Brent down -1.0% at USD 71.37 per barrel.
BrickViews
Posted - 1 day ago
$USO $UNG $NINE $KLXE - the more I read into the results of the opec meeting I am more encouraged that this is exactly what we needed. Not only is it a comprehensive agreement to stabilize the market, it signals coordination to control the supply. First off, Saudi producing 10 and Russia 9mbpd has been wildly overstated as some severe loss. Those are high production numbers. So much so they have no problem allowing the UAE to increase production in April. Also, this meeting shows their skepticism on increasing capacity. Think about it, for literally 2 years with no compliance to opec production caps or sanctions, this is is the supply of the market. Smaller countries are at max capacity. They could not increase if they wanted to. Finally, the meeting also shows the flexibility to handle the new President. Tbh I think they would welcome Iran and Venezuela sanctions. & I think it’s very clear that Trump will do this, even if it creates upward pressure on price
jc15m
Posted - 1 day ago
$IWM $USO or oil drops under $67 a barrel then the whole market is doomed. Drill baby drill isn’t the answer. You can only ride cheap oil for so long while everything around you is still costly. $SPY
