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SocGen: "Watch Out For Oil Spills" When There’s "Nothing Else To Do"
Article By: The Heisenberg Report
Friday, June 23, 2017 2:38 PM EDT
Both WTI and Brent are headed for their 5th weekly drop after crashing into a bear market earlier this week.
In this article: OIL, BNO
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US Oil Rig Count Rises For 23rd Straight Week But High Costs Drive Investors Out Of The Permian
Article By: Tyler Durden
Friday, June 23, 2017 2:10 PM EDT
The number of oil rigs in America has now risen for 23 straight weeks (and 50 of the last 52 weeks), up 11 to 758 in the last week - the highest since April 2015.
In this article: XOI, OIL
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US Bond Market Week In Review: The Fed Has To Rethink Their 2% Inflation Target
Article By: Hale Stewart
Friday, June 23, 2017 12:48 PM EDT
For what seems like forever, the Fed has been saying they are using a 2% inflation target. Given this expansion’s weak growth, this seems to be a fair and appropriate number.
In this article: OIL Also: BBY, AMZN
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Oil Can't Get Out Of Its Own Way
Video By: Interactive Brokers
Friday, June 23, 2017 11:35 AM EDT
Steve Sosnick discusses the possible long-term and short-term futures of oil.
In this video: OIL
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Crude Oil: How Low Will It Go?
Article By: readtheticker
Thursday, June 22, 2017 11:29 PM EDT
The most recent price action in crude suggests that those that were long have re adjusted their positions for a downswing.
In this article: OIL, USO
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The Oil War Is Only Just Getting Started
Jason Stewart 2/6/2017 9:22:34 PM

#OPEC can very well try to appear unfazed but their influence on the global #oil market has been on a decline for quite some time. What we are seeing now is a perfect example of their waning influence. They've gone through considerable lengths with the current production deals in order to prop up the oil price. The end result is a stabilization around $50 - $60. The rebound in US oil rigs ensures that the oil price will never reach its previous highs. $OIL $UCO $USO

Gasoline Inventories Increase, But We Continue To See Signs That The Oil Supply Glut Is Ending
Kurt Benson 6/23/2015 2:20:48 AM

Nicely done. This is why I'm bullish $OIL heading higher into 2016!

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