iPath S&P GSCI Crude Oil Total Return Index ETN Blog | Talkmarkets | Page 1
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Oil Higher As Stockpiles Comes In Smaller Than Expected
Article By: Anyoption
Sunday, February 26, 2017 9:00 AM EST
Traders must be on the lookout for OPEC compliance. If OPEC fails to stick to its agreement on the output cut goal, then the price of oil could fall considerably.
In this article: BNO, DBO, OIL
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Bankrupting OPEC... One Million Barrels Of Oil At A Time
Article By: Steve St. Angelo
Saturday, February 25, 2017 12:36 PM EST
The world hasn’t really caught on yet, but OPEC is in serious trouble. Last year, OPEC’s net oil export revenues collapsed. How bad? Well, how about 65% since the oil price peaked in 2012.
In this article: OIL, USO
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Ranges Dominate In FX: Respect The Price Action
Article By: Marc Chandler
Saturday, February 25, 2017 10:31 AM EST
It is difficult right now to talk about foreign exchange market using the dollar as the numeraire. The dollar was stronger against most of the major currencies last week, but not the yen or sterling.
In this article: FXE, FXA, FXB, FXC, FXY, OIL, USO, UUP, SPX
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Chinese Import Data Suggests OPEC Is Lying About A Production Cut
Article By: Tyler Durden
Friday, February 24, 2017 2:59 PM EST
The latest oil supply details released by China customs today suggest a reduction of supplies was not yet seen by China, the world’s largest oil importer.
In this article: OIL
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US Crude Production Tops 9 Million Barrels As Rig Count Hits 16-Month Highs
Article By: Tyler Durden
Friday, February 24, 2017 1:35 PM EST
The US oil rig count rose once again this week (up 5) to 602 - the highest since October 2015.
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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