Article By:
Tyler Durden
Friday, May 10, 2024 7:55 PM EDT
Late Friday afternoon, US main equity indexes showed little change, with the S&P 500 on track for a 2% weekly gain after investors digested new concerns about a slowing economy and elevated inflation, rekindling fears of stagflation.
USOIL Ending Diagonal Pushes Above $100
Higher all energy goes... what a socioeconomic catastrophe reuters.com/business/energy/ $UCO $SCO $USO $BOIL $KOLD
Crude Oil Price on Track to Test Monthly Opening Range
LOL. I JUST got into $UCO two days ago. I couldn't take the bloodshed. I'll get back in when I am ready to make it a long term investment.
The Historic Case For A Coming Collapse In Oil
I was planning to sell my oil stocks during the spring and summer demand increase. I’m thinking $UCO will reach about 135 sp. I’ll have to watch it closer now. Interesting video. Thanks.
Oil and Gas Inventories Near Seasonally Historic Lows, Despite SPR Withdrawals
$UCO party on…
The Oil War Is Only Just Getting Started
#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