Thursday, February 09, 2012
1. This U.S. energy fact could blow your mind
 
2. Top energy analyst: Get ready for a "wild" gasoline price spike
 
3. This area is becoming the new "hot spot" for U.S. oil production
 
1. Richard Russell: This could be 2012's "market moving" event
 
2. Porter Stansberry: These facts show the "End of America" is coming
 
3. New report reveals Federal Reserve president owns millions in gold and platinum
 
4. Military insider: The Pentagon is lying about Afghanistan
 
5. This morning's "fantastic" jobs report is hiding some shocking news
 
The uptrend in oil is dead
Advertisement
Wednesday, July 29, 2009
Text Size: increase text size decrease text size

From 24/7 Wall Street:

Oil was already against the ropes and off of current highs because of the CFTC going after limits on speculators and limits on non-end-user trading activities on the energy commodity markets.

But this morning’s weekly oil inventory data from the Department of Energy is showing that either the weak economy and higher unemployment or the higher energy prices has created nothing short of a near-term demand cap. This DOE data has both the United States Oil (NYSE: USO) ETF and the iPath S&P GSCI Crude Oil Total Return Index ETN (NYSE: OIL) in retreat...

Read full article...

More bearish posts on oil:

Why oil prices could drop $10 a barrel in just weeks...

These oil stocks will take the biggest hit if crude sinks

Energy guru: Crude oil to collapse to $20 on supply glut

Read everything we've posted on energy.

Topics: Energy | Commodities
Facebook RSS Feed

 
©2012 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This website may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202.
Home | About Us | Archive | Partner | RSS