allstarcharts
Posted - 7 hours ago
If it's felt to you like broad-based strength in Energy stocks this month, it's because it has been. That was a new 10-year high today for the Equally-weighted Energy Index. https://www.allstarcharts.com/all-star-charts-premium/2024-11-21/energy-stocks-hit-6-month-highs $XLE $RSPG $XOM $CVX $USO
topstockalerts
Posted - 7 hours ago
$USO Thanksgiving travelers can be grateful for the lowest gas prices since 2021
https://www.marketwatch.com/story/thanksgiving-travelers-can-be-grateful-for-the-lowest-gas-prices-since-2021-6a9a249d?mod=home-page
StockMarshal
Posted - 8 hours ago
Fear & Greed Index: Greed 61 DOW 44,296.51 +0.97% S&P 500 5,969.34 +0.35% NASDAQ 19,003.65 +0.16% $SPY $QQQ $USO $UNG $GLD #stockmarket #investing #Nasdaq #SP500
Goodlongs
Posted - 9 hours ago
$USO , $UCO , $OILK , $CL_F "Russia has found large oil and gas reserves in Antarctica, which could be about 10 times the Russia's entire 50-year output."
Crude crash going forward
Marauder4life93
Posted - 9 hours ago
$USO oil up … nice
Goodlongs
Posted - 11 hours ago
$USO , $UCO , $OILK , $CL_F "Saudi Arabia's proven oil reserves are estimated to be over 270 billion barrels, which is more than 50 years of production at current rates so they only have 25 years to use it all up and get down to Net-Zero.
All other producing countries & companies have to use up all their reserves by 2050 to go down to net Zero as they have agreed on" First to sell is first to win
Goodlongs
Posted - 11 hours ago
$USO , $UCO , $OILK , $CL_F "Libyan oil output poised for boom after end to political standoff
Libya has proven reserves equivalent to 594.2 times its annual consumption. This means that there would be about 594 years of oil left (at current consumption levels and excluding unproven reserves)."
So much more oversupply in the world Crude could go down hard
Goodlongs
Posted - 12 hours ago
$USO , $UCO , $OILK , $CL_F The only equation that works with oil is supply & demand.
"U.S. Crude Oil Stockpiles Rise More Than Expected
U.S. crude oil inventories rose 2.1 million barrels to 429.7 million barrels, surpassing analyst expectations for an increase of 1.1 million barrels
By Anthony Harrup"
Ever increasing supply & dying demand.
Goodlongs
Posted - 12 hours ago
$USO , $UCO , $OILK , $CL_F "Business
Treasury, IRS further expand access to clean energy tax credits
Paul Gerke11.22.2024"
Bad for crude
JLInvest
Posted - 13 hours ago
$SPY $QQQ $TLT the new administration's plan is drill baby drill. $USO . Which, outside of political talking points, isn't a deviation of current policy as oil production is at all-time highs. Second, a lot of the tariffs from Trump's first administration are still in place. So, how much is really going to change in the economy if economic policy is largely unchanged from the past administration?
Goodlongs
Posted - 13 hours ago
$USO , $UCO , $OILK , $CLF " OPEC Can Help the US Bring Down Energy Prices, McNally Says
Bloomberg Brief
November 22nd, 2024, 9:39 AM EST"
Down with crude oil
Goodlongs
Posted - 13 hours ago
$USO , $UCO , $OILK , $CL_F "OPEC cuts its 2024 global oil demand growth forecasts, highlighting weakness in China, India, and other regions, marking the producer group's fourth consecutive downward revision in the 2024 outlook"
Too much oversupply & not enough demand
topstockalerts
Posted - 16 hours ago
$USO Oil futures climbed on Friday, with the U.S. crude benchmark up by more than 5% for the week as traders continued to monitor escalating tensions between Ukraine and Russia, which is among the world’s biggest oil producers.
Still, downbeat economic data from Europe fed concerns over a potential slowdown in energy demand, as European business activity sank to a 10-month low, helping to limit any gains in the price of oil.
Goodlongs
Posted - 16 hours ago
$USO , $UCO , $OILK , $CL_F More bad news for dirty, slimy, Polluting and poisonous crude oil
"Amazon invests in first utility-scale wind energy projects in Greece
November 20, 024
Written by About Amazon Team"
Goodlongs
Posted - 16 hours ago
$USO , $UCO , $OILK , $CL_F "Possible Dip in Oil Prices Ahead
By Tom RobinsonNov 22, 2024 | 6:57 AM"
The U.S. oil production totaled some 16.6 million barrels of oil per day, or a total annual oil production of 711 million metric tons.Apr 30, 2024
Goodlongs
Posted - 16 hours ago
$USO , $UCO , $OILK , $CL_F "Possible Dip in Oil Prices Ahead
By Tom RobinsonNov 22, 2024 | 6:57 AM
Goodlongs
Posted - 16 hours ago
$USO , $UCO , $OILK , $CL_F "Globally, around 1.6 trillion barrels of recoverable oil remain, according to a 2023 survey by Rystad Energy and many more discoveries since then. More than a billion barrels in storage around the world and billions on ships, Very Large Crude Carriers.
And of course demand is going down"
Very bearish for crude futures.
ccioli90
Posted - 17 hours ago
$USO WTIC curling up $CL_F
Goodlongs
Posted - 19 hours ago
$USO , $UCO , $OILK , $CL_F Slowing demand:
"China is the world's largest producer of renewable energy, now constructing almost two thirds of all large-scale wind and solar power, according to nonprofit Global Energy Monitor."
Crude crash ahead
Goodlongs
Posted - 19 hours ago
$USO , $UCO , $OILK , $CL_F "NGEL Partners with Andhra Pradesh for ₹1.87 Trillion Renewable Energy Initiative
MM Desk
November 22, 2024"
Bad news for crude oil
Goodlongs
Posted - 19 hours ago
$USO , $UCO , $OILK , $CL_F Crude can't get any traction with nice, mild and sunny weather in most places.
Hassan_Pittman
Posted - 19 hours ago
$CL_F $CVX $USO $XLE $XOM
ElliottwaveForecast
Posted - 1 day ago
$CL_F it favors flat correction in ((ii)) and expect to fail below 72.88 high showing from 11.19.2024 before resume weakness in 3. #Elliottwave #Crudeoil $USO
allstarcharts
Posted - 1 day ago
We just put on an options trade on Exxon Mobil $XOM as money continues to rotate into Energy https://www.allstarcharts.com/all-star-charts-premium/2024-11-21/energy-stocks-hit-6-month-highs $XOM $XLE $CL_F $USO $CVX
MrReally
Posted - 1 day ago
$USO all these small oil stocks from 2017 are starting to get bids. Setting up for when daddy gets home
allstarcharts
Posted - 1 day ago
Energy stocks hitting new 6 month highs again today despite crude oil near the lower end of its range https://www.allstarcharts.com/all-star-charts-premium/2024-11-21/energy-stocks-hit-6-month-highs $USO $XLE $XOM $CVX $CL_F
PermianTrader
Posted - 1 day ago
$BP $USO $PR $DVN for the bottom feeders.
PermianTrader
Posted - 1 day ago
$PR $USO $BP $DVN crossed over the 20 day. This is a buy as long as it stays above it.
