10.38 +0.03 (0.29%)
After hours: 5:50PM EDT
|Bid||10.35 x 2900|
|Ask||10.37 x 2000|
|Day's Range||10.32 - 10.42|
|52 Week Range||8.65 - 12.00|
|PE Ratio (TTM)||-6.84|
|Expense Ratio (net)||0.32%|
Crude oil prices dipped Thursday after a weeks-long climb. United States Oil (USO) is down more than 1%. Meanwhile, the Energy Select Sector SPDR ETF (XLE) is off about 0.4%. But there's no reason to fret. ...
On October 18, natural gas November futures closed at $2.85 per MMBtu (million British thermal units)—3.6% below the last trading session's closing price.
There is a lot of navel gazing going on today, the anniversary of the 1987 U.S. stock market crash, when there ought to be more discussion of China’s slowing GDP. It’s true that the downdraft of real gross domestic product in the third quarter was small, to 6.8 percent from 6.9 percent in the second and first quarters. The iShares MSCI China Large-Cap exchange-traded fund (FXI) was down 2.2% in early trading, while the Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) slipped 1.1% as did the iShares MSCI Emerging Markets ETF (EEM).
On October 17, 2017, US crude oil (USO) (OIIL) December 2018 futures traded $0.46 below the December 2017 futures.
The U.S. Energy Information Administration on Wednesday reported a 5.7 million-barrel decline in domestic crude inventory for the week ended Oct. 13. United States Oil (USO) was flat. Hurricane Nate had a big impact on the numbers.
From October 10–17, 2017, US crude oil December futures rose 1.7%. The S&P 500 Index (SPY) and the Dow Jones Industrial Average Index (DIA) rose 0.30% and 0.70%, respectively.
Oil exchange traded products, including the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (NYSEArca: BNO), which tracks ...
The final Russia Manufacturing PMI (Purchasing Managers’ Index) rose marginally in September 2017. It was 51.9 in September compared to 51.6 in August.
Baker Hughes (BHI) published its weekly US oil and gas count report on October 13. US oil rigs fell by five to 743 from October 6 to 13.
Whiting Petroleum (WLL) stock regained its upward momentum last week, rising ~3.7% compared to a 5.0% fall in the previous week.
The price of oil and the dollar have a historical relationship. Using the correlation between the two between 2014 and 2016, a fall in the broad dollar index meant a $3 per barrel climb in Brent, according to AllianceBernstein's Bob Brackett. Brackett points out that many of the top oil producers have exposure to gold, so lower oil prices means lower revenue and fewer dollars to deploy into production.
Baker Hughes (BHI) published its weekly US natural gas rig count report on October 13. Rigs fell by two to 185 from October 6 to 13—the lowest level since September 1.
On October 16, 2017, US crude oil November futures rose 0.80% and closed at $51.87 per barrel, the highest closing price since September 28, 2017.
Oil prices strengthened today as tension in Northern Iraq's oil-rich Kurdish region erupted, just days after the U.S. indicated it will let the Iran nuclear deal "die another day." The U.S. benchmark crude oil price was up nearly 1% to $51.87 per barrel in recent trading, while the international Brent price was up 1.2% to $57.85. Metals prices ripped higher, with copper and palladium at multi-year highs, after China reported a 6.9% year-on-year rise in its producer price index in September. Iraqi forces on Sunday took control of an oil operation, military base and airport in the Northern area surrounding Kirkuk, a region whose political might gained strength after a Kurdish independence referendum last month. The oil-rich region, which had been aligned with the United States, produces roughly 550,000 barrels of oil daily.
Whiting Petroleum (WLL) stock has fallen significantly since the beginning of the year. Whiting Petroleum stock has fallen ~58% year-to-date.
November WTI (or West Texas Intermediate) crude oil (USO)(UCO) futures contracts fell 1.4% and closed at $50.60 per barrel on October 12.
To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing. The weekly performance is from last Friday’s open to this week’s Thursday close.
So far this week, crude oil prices are leading the rise in energy commodities. Prices have risen from last week’s close of $49.29 per barrel to $51.60 per barrel on October 11, 2017.
On October 11, 2017, natural gas (UNG) (BOIL) (FCG) November futures were at $2.89 per MMBtu (million British thermal units), a fall of 0.1% from the last trading session.
The global outlook for oil markets in 2018 could crush hopes for higher prices, according to the latest monthly report from the International Energy Agency.