|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||21.89 - 22.02|
|52 Week Range||15.45 - 22.18|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.60%|
US distillate inventories increased for the sixth time in the last seven weeks. The inventories rose ~11% in the last seven weeks.
On December 29, the natural gas rig count was 88.7% below its record high of 1,606 in 2008. However, natural gas supplies have risen drastically since 2008.
WTI crude oil (USL) prices are at their 30-month high. The US benchmark also opened above $60 per barrel in January for the first time since 2014.
On December 29, 2017, the closing prices of US crude oil futures contracts between March 2018 and January 2019 were progressively lower.
On December 22–29, US crude oil (USO) (USL) February futures rose 3.3%. On December 29, US crude oil February 2018 futures closed at $60.42 per barrel.
US crude output increased by 167,000 bpd to 9.64 MMbpd in October 2017—compared to the previous month. It was the highest level since May 1971.
In the week ended December 22, 2017, US crude oil inventories were 431.9 MMbbls (million barrels), a fall of 4.6 MMbbls compared to the previous week.
On December 29, 2017, US crude oil's (USO) (USL) February 2018 futures rose 1% and closed at the 2017 highest closing price of $60.42 per barrel.
The US Dollar Index fell 0.5% to 92.12 on December 29, 2017—the fourth consecutive day of losses. It's near a three-month low.
According to the EIA, the four-week average US gasoline demand fell by 42,000 bpd or 0.5% to 9 MMbpd (million barrels per day) on December 8–15, 2017.