27.95 +0.13 (0.47%)
Pre-Market: 5:19AM EST
|Bid||27.86 x 700|
|Ask||27.96 x 700|
|Day's Range||27.13 - 27.95|
|52 Week Range||25.80 - 70.37|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||1.03%|
A Reuters poll estimated that WTI crude oil (USL) prices could average $54.78 per barrel in 2018 after extending the production cuts.
US crude oil inventories fell by 5.6 MMbbls (million barrels) or 1.2% to 448.1 MMbbls on November 24–December 1, 2017, according to the EIA.
US crude oil (UWT) (SCO) futures contracts for January delivery fell 0.42% and were trading at $57.38 per barrel at 1:00 AM EST on December 6, 2017.
US gasoline inventories rose by 3,627,000 barrels to 214 MMbbls (million barrels) on November 17–24, 2017, according to the EIA.
An unexpected increase in US oil inventories pressured WTI oil (USO) (UCO) prices in post-settlement trade on November 28, 2017.
According to the EIA (U.S. Energy Information Administration), US crude oil production rose 13,000 bpd (barrels per day) to 9,658,000 bpd between November 10 and 17, 2017. Production, which rose for the…...
Saudi Arabia’s crude oil exports to the US fell to 525,000 bpd in October 2017—the lowest in 30 years. Exports fell due to ongoing output cuts.
The EIA estimated that Iraq’s crude oil production fell by 185,000 bpd (barrels per day) to 4,355,000 bpd in October 2017—compared to the previous month.
The EIA estimates that US oil inventories rose by 1,854,000 barrels to 458.9 MMbbls (million barrels) on November 3–10, 2017.
The EIA (or US Energy Information Administration) released its Weekly Petroleum Status Report on November 8, 2017.
Russia's energy ministry estimates that the country’s crude oil exports rose 2% or by 160,000 bpd (barrel per day) in the first nine months of 2017.
On a year-over-year basis, OXY’s 3Q17 operating cash flow was ~65% higher than the ~$650 million it generated in 3Q16.
The EIA (U.S. Energy Information Administration) estimates that US crude oil production rose by 46,000 bpd to 9,553,000 bpd on October 20–27, 2017.
The market expects that US crude oil inventories could have fallen by 2.5 MMbbls (million barrels) on October 20–27, 2017.
Wall Street analysts expect Pioneer Natural Resources (PXD) to report year-over-year higher cash flow of ~$491 million in 3Q17 compared to ~$441 million in 3Q16.