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Oil 12 (Feb 21 - Sep 23)

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Re: Oil 12 (Feb 21 - Dec 24)

Postby behappyalways » Tue Jul 18, 2023 11:16 am

'Massive US Oil Caverns' Are Now Empty, Will Take 'Decades To Refill' Thanks To Biden
https://www.zerohedge.com/energy/massiv ... anks-biden
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Re: Oil 12 (Feb 21 - Dec 24)

Postby winston » Tue Jul 18, 2023 9:45 pm

These Stocks Are Getting Ready to Break Out

by Imre Gams

Oil stocks are getting ready to break out.

Back on May 24, I shared a developing triangle pattern in the Energy Select Sector ETF (XLE).

In the case of this triangle in XLE, the breakout occurred at a price of around $82. A reasonable stop loss would be just below $78. This means just $4 of risk on this trade.

On the other hand, a return to the prior highs from November 2022 would mean a move up to about $94.

Source: Jeff Clark Trader

, Jeff Clark Trader • July 18, 2023
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Re: Oil 12 (Feb 21 - Dec 24)

Postby behappyalways » Thu Jul 20, 2023 4:10 pm

The SPR Could Stay Half Empty Forever
https://www.zerohedge.com/energy/spr-co ... ty-forever
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Re: Oil 12 (Feb 21 - Dec 24)

Postby behappyalways » Fri Jul 28, 2023 5:07 pm

Oil Jumps Over $80 Ahead Of Looming 2 Million Bpd Q3 Deficit
https://www.zerohedge.com/markets/oil-j ... ord-demand
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Inflation or Deflation 02 (Aug 14 - Dec 23)

Postby behappyalways » Fri Jul 28, 2023 5:08 pm

U.S. Gasoline Prices Reach 8-Month High
https://twitter.com/zerohedge/status/16 ... 2376844288
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Inflation or Deflation 02 (Aug 14 - Dec 23)

Postby behappyalways » Sat Jul 29, 2023 6:10 pm

US Gasoline Prices Reach 8-Month High
https://www.zerohedge.com/commodities/u ... month-high


It's been quite a month for crude oil.

Up 18.8%.
https://twitter.com/biancoresearch/stat ... 3409608705
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Inflation or Deflation 02 (Aug 14 - Dec 23)

Postby behappyalways » Sun Jul 30, 2023 9:06 pm

Gasoline: The Price Rally That Nobody Saw Coming
https://www.zerohedge.com/energy/gasoli ... saw-coming
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Re: Oil 12 (Feb 21 - Dec 24)

Postby behappyalways » Wed Aug 02, 2023 3:17 pm

Short-Covering By Hedge Funds Lifted Oil Prices
https://www.zerohedge.com/markets/short ... oil-prices
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Re: Oil 12 (Feb 21 - Dec 24)

Postby behappyalways » Thu Aug 03, 2023 1:48 pm

Biden Admin Gives Up On Refilling Strategic Petroleum Reserve Due To "Market Conditions"
https://www.zerohedge.com/energy/wti-so ... t-40-years
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Re: Oil 12 (Feb 21 - Dec 24)

Postby behappyalways » Fri Aug 11, 2023 6:55 pm

Oil About To Take Out 2023 Highs
https://www.zerohedge.com/commodities/o ... 2023-highs
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