drbubb Posted October 10, 2019 Author Report Share Posted October 10, 2019 TIME for a shift may be at hand the SLIDE IN OIL may be ending Oil-in-Gold may be ending an A-B-C correction USO-to-Gold - near 7.5% support Ratio: WTI-to-GOLD == Link to comment Share on other sites More sharing options...
drbubb Posted October 18, 2019 Author Report Share Posted October 18, 2019 In "Obscene" Move, Oil Tanker Rates Explode To Record Levels Amid Flurry Of Geopolitical Risks In a world where multiple-sigma events now happen with daily regularity, few people seemed to notice an unprecedented event taking place in the oil tanker industry, where spot charter contacts for very large crude carriers (VLCCs) exploded above $300,000 as the industry digested the fallout from the US focusing its spotlight on sanctions on oil, especially China's Cosco Shipping company, and from the latest security incident in the Middle East. As Lloyd's List notes, the Baltic Exchange Dirty Tanker Index, which aggregates global shipbroking charter rates, reported that by Friday afternoon, rates for West Africa to China VLCC routes had almost doubled within a day to reach $278,057. Middle East Gulf to Singapore and China routes had reached $305,998 and $300,391 respectively, marking an almost 100% day-on-day increase. Link to comment Share on other sites More sharing options...
drbubb Posted October 21, 2019 Author Report Share Posted October 21, 2019 USO-etc ... ALL : from 2001 : Jan.2007 : 7/2012 : 1/2014 : fr. 2015 : 1/2016 : 10d / Link to comment Share on other sites More sharing options...
drbubb Posted November 2, 2019 Author Report Share Posted November 2, 2019 BTU & Coal broke down (on BTU's earnings)... while XLE looks better on rising USO XLE, XOP-etc ... wk-fr.-1/2016 : 1/2018 : w/OIH /Last USO-etc ... 12 mo / == Link to comment Share on other sites More sharing options...
drbubb Posted November 2, 2019 Author Report Share Posted November 2, 2019 USO : $11.69 +0.39, +3.45% / x4.807 = WTI: $56.20 WTI Crude. : $56.20 +2.02, +3.73% Brent Crude: $61.69 +2.07, +3.47% ==> Prices: https://oilprice.com/oil-price-charts GLOBAL MARKETS-Shares, crude prices rise on US, China ... Reuters-9 hours ago Crude prices rise on hopes for U.S.-China trade deal ... NEW YORK, Nov 1 (Reuters) - World equity markets surged and crude oil prices jumped on ... Brent crude rose $2.07 to settle at $61.69 a barrel, while WTI crude settled ... Both Brent, the global benchmark, and U.S. benchmark West Texas Intermediate rose more than 3%. Brent crude rose $2.07 to settle at $61.69 a barrel, while WTI crude settled up $2.02 to $56.20 a barrel. The dollar slid as optimism that the United States and China will reach a deal to end their trade war reduced safe-haven demand for the greenback. . . . A Reuters survey showed that oil prices are likely to remain pressured this year and next. The poll of 51 economists and analysts forecast Brent crude would average $64.16 a barrel in 2019 and $62.38 next year. Meanwhile, US crude production soared nearly 600,000 barrels per day in August to a record of 12.4 million, buoyed by a 30 per cent increase in Gulf of Mexico output, according to government data released on Thursday. Those numbers came as a Reuters survey found output f .. Read more at: //economictimes.indiatimes.com/articleshow/71845649.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst A Reuters survey showed that oil prices are likely to remain pressured this year and next. The poll of 51 economists and analysts forecast Brent crude would average $64.16 a barrel in 2019 and $62.38 next year. Meanwhile, US crude production soared nearly 600,000 barrels per day in August to a record of 12.4 million, buoyed by a 30 per cent increase in Gulf of Mexico output, according to government data released on Thursday. Those numbers came as a Reuters survey found output f .. Read more at://economictimes.indiatimes.com/articleshow/71845649.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst A Reuters survey showed that oil prices are likely to remain pressured this year and next. The poll of 51 economists and analysts forecast Brent crude would average $64.16 a barrel in 2019 and $62.38 next year. Meanwhile, US crude production soared nearly 600,000 barrels per day in August to a record of 12.4 million, buoyed by a 30 per cent increase in Gulf of Mexico output, according to government data released on Thursday. Read more at://economictimes.indiatimes.com/articleshow/71845649.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Big Oil Under Pressure To Cut Production By 35% Nov 01, 2019 at 10:33 | Irina Slav Big Oil companies need to reduce their oil production by 35 percent by 2040 in order to preserve shareholder value in a changing world, think-tank Carbon Tracker has warned.… Link to comment Share on other sites More sharing options...
drbubb Posted November 5, 2019 Author Report Share Posted November 5, 2019 ENERGY (Crude & Gas) - compared to GOLD USO - vs GLD, Ngas, Oilb .... fr. Feb.2009 : 2.17.16 : 9/2017 : end2018 : 10d : fr. 2.17.16 : 9/2017 : Note how falling Oil (USO) bounced off the Gold price (GLD) several times = that's 7.5% of GLD : fr. 9/2017 : w/BTU : Ratio: USO-to-GLD ... 3 years / Low is 7.5% of GLD / WTI-to-Gold Low is: 3.4% RATIOTiming : - GLD-: -USO-: %GLD : WT/u: -WTI-: Gold; wt/Au: 200 5ye: $51.58: 00.00e 00.0%: 2006ye: $63.21: $51.60: 81.6%: 2007ye: $82.46: $75.76: 91.9%: 2008ye: $86.52: $33.10: 38.3%: 2009ye: 107.31: $39.28: 36.6%: 2010ye: 138.72: $39.00: 28.1%: 0.000: $00.00/ 1405.5= 2011ye: 151.99: $38.11: 25.1%: 2.391: $91.12/ 1531.0= 5.95% 2012ye: 162.62: $33.37: 20.5%: 2.721: $90.80/ 1657.5= 5.48% 2013ye: 116.12: $35.32: 30.4%: 2.811: $99.29/ 1204.5= 8.24% 2014ye: 113.58: $20.36: 17.9%: 2.658: $54.12/ 1206.0= 4.49% 2015ye: 101.48: $11.00: 10.8%: 3.370: $37.07/ 1060.5= 3.50% 2016ye: 109.61: $11.72: 10.7%: 4.584: $53.72/ 1151.7= 4.66% 2017ye: 123.65: $12.01: 9.71%: 5.031: $60.42/ 1309.3= 4.61% 2018ye: 121.25: $ 9.66: 7.96%: 4.701: $45.41/ 1281.3= 3.54% 11.4.19: 142.15: $11.81: 8.31%: 4.787: $56.54/ 1511.1= 3.74% Link to comment Share on other sites More sharing options...
drbubb Posted November 5, 2019 Author Report Share Posted November 5, 2019 XLE versus Oil Prices (USO etc) XLE may struggle to punch thru 252d.MA resistance near $61.30 XLE-etc: USO, oih, xop ... fr. 1/2016: 11/2017 : 2yr: 1yr: 6mo: 10d / XLE: $61.29 / USO: $11.93 = R-5.14 Link to comment Share on other sites More sharing options...
drbubb Posted November 7, 2019 Author Report Share Posted November 7, 2019 Oil prices are near their L.T. Low versus Gold : USO-$11.88 / GLD-$138.27: r-8.59% vs. 7.5% LT Low USO - vs GLD, Ngas, Oilb .... fr. Feb.2009 : 2.17.16 : 9/2017 : end2018 : 10d : / 2 / ALL E : 12mo : fm. Apr.2018 : 10d / Link to comment Share on other sites More sharing options...
webmaster Posted November 11, 2019 Report Share Posted November 11, 2019 Try these chart to Look at XLE-toUSO Ratio. Under 500% is cheap. eh? USO-XLE etc ... update / USO: $11.99 +0.11, +0.93% / XLE: $60.69 -0.25, -0.41% http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Fund&symb=uso&x=74&y=4&time=100&startdate=12%2F28%2F2018&enddate=11%2F30%2F2019&freq=1&compidx=aaaaa%3A0&comptemptext=uk%3Angas%2C+gld%2C+oilb%2C+oih&comp=uk%3Angas%2C+gld%2C+oilb%2C+oih&ma=1&maval=26&uf=0&lf=268435456&lf2=0&lf3=0&type=4&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=15 Still no convincing break of the downtrends Ratio: 506% Link to comment Share on other sites More sharing options...
drbubb Posted November 14, 2019 Author Report Share Posted November 14, 2019 Oil Prices Are Steady. Why Are Risky Energy Companies Unpopular as Ever? -- Barrons.com Link to comment Share on other sites More sharing options...
drbubb Posted November 20, 2019 Author Report Share Posted November 20, 2019 The Energy Rally gives way to weakness (once again) USO vs.GLD, etc... fr. xx ALL E : 12mo : fm. Apr.2018 : 10d / BTU vs.NGAS (Natgas) .... update : Ratio: BTU-to USO (Crude Oil etf) Link to comment Share on other sites More sharing options...
drbubb Posted November 20, 2019 Author Report Share Posted November 20, 2019 Energy stocks in broad rally as oil prices jump; Chesapeake ... MarketWatch-3 hours ago The energy sector was the only one of the S&P 500's SPX, -0.38% 11 key sectors that gained ground Wednesday, as a jump in crude oil prices ... Link to comment Share on other sites More sharing options...
drbubb Posted November 29, 2019 Author Report Share Posted November 29, 2019 Update: Will Coal & Gas drive Oil & Uranium lower - Late Nov. 2019 ALL Energy: 12mo : fm. Apr.2018 : 10d / uso: $12.14, u.t: C$4.22, ngas: 2.34cents, btu: $9.70 - at 11/27/2019 USO /US Oil etf ... 10-yr : 5-yr : 1-yr : Last: $12.14 XLE major Energy shares vs Other Energy etf ... update / Last: $59.49 / USO- $12.14 = R-4.90x Ratio: R.4.90 : $59.49 / USO- $12.14 = R-4.90x. ... XLE/ XOP ($20.85) = R-2.85x Ratio: XOP-toXLE : xx / $59.49 = XOP Key Support may be about $20 / Last: $20.85, Yr.Low: $20.28 == Link to comment Share on other sites More sharing options...
drbubb Posted December 12, 2019 Author Report Share Posted December 12, 2019 BULLISH ON OIL... (could be great timing, since we are now in Tax Selling season) Mark Gordon / with Keith McCullough of HedgeEye Mark Gordon: Unprecedented Opportunity in Oil Markets / 2 / Mark Gordon: Why the age of oil abundance is about to end. Erik Townsend and Patrick Ceresna welcome Mark Gordon to MacroVoices. They discuss why inventory is not what drives the price, the regime change from the age of peak oil to the age of oil abundance and possible impacts the recession will have on oil prices and more. == Link to comment Share on other sites More sharing options...
drbubb Posted December 18, 2019 Author Report Share Posted December 18, 2019 Oil may peak soon, as CCJ Bottoms ? A temporary pause in Oil's rise... Or more than that OIL RALLY has run up to a possible Resistance level USO / US Oil etf ... : All-data : 3-yr : x / Last: $12.72 + 0.13 / 2 / Ratio: CCJ to USO : 68.6%: $8.73/ $12.72 CCJ / Cameco (in US$) ... update: $8.73 // CCO.t : C$ 11.49 Link to comment Share on other sites More sharing options...
drbubb Posted December 27, 2019 Author Report Share Posted December 27, 2019 OIL-etc UP, but Natgas lags... (even) in the Winter Season USO "bounced off" GLD/Gold back in Aug-Nov., moving higher faster since then. Ngas lags far behind USO - vs GLD, Ngas, Oilb .... fr. Feb.2009 : 2.17.16 : 9/2017 : end2018 : 10d : Ratio: USO to-GLD : USO: $12.89/ GLD: 142.38 = 9.05% Ratio: Natgas to Gold : Natgas: $2.290/ GLD: 142.38 = 1.60% Oil & Oil shares may stall here. If prices do not stall, look for Good action in 2020 XLE, XOP-etc ... wk-fr.-1/2016 : 1/2018 : w/OIH /Last: $61.94 == Link to comment Share on other sites More sharing options...
jerpy Posted April 20, 2020 Report Share Posted April 20, 2020 Any oil plays looking worth a trade now Dr Bubb? Link to comment Share on other sites More sharing options...
drbubb Posted April 26, 2020 Author Report Share Posted April 26, 2020 URANIUM is doing well : surprise to some,. because Oil; prices are so weak. But what happened? Some mines were shut down on Covid fears. Supply is coming down, driving U prices higher URANIUM stocks Update : 12mo: 6mo: 10d / xx Link to comment Share on other sites More sharing options...
drbubb Posted April 26, 2020 Author Report Share Posted April 26, 2020 UPDATE USO ... USO - vs CCJ, Ngas, Oilb .... fr. Feb.2009 : 2.17.16 : 9/2017 : end2018 : 10d : 4.24.20 Link to comment Share on other sites More sharing options...
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