Headlines & Special Reports

Updated Bullish Oil Plays

Stock Traders Daily has updated its buy ratings on Exxon Mobil Corporation (NYSE:XOM), Chevron Corporation (NYSE:CVX), Schlumberger Limited. (NYSE:SLB), BP plc (ADR) (NYSE:BP), and Baker Hughes Incorporated (NYSE:BHI).  These buy ratings were made on November 2, 2016 in advance of what appeared to soon be a favorable environment for oil companies and oil prices.  Calls were distributed to clients, through Reuters, First Call, and Zacks.

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OPEC: Iran was Never Expected to Cut ProShares Ultra DJ-UBS Crude Oil(NYSEARCA:UCO), Proshares Trust II (NYSEARCA:SCO)

Iran is not expected to actually cut production, nor were they expected to by our models.

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The OPEC offer to Iran: Ultra DJ-UBS Crude Oil (NYSEARCA:UCO), Proshares Trust II (NYSEARCA:SCO)

Stock Traders Daily has provided details about the proposal OPEC is making to Iran to cut production.  This deal is a significant added value to Iran, and would allow OPEC to reach its production cut objective.

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OPEC Plan B Starts to Unfold

The news on Friday that Saudi Arabia would not attend the Monday meeting scheduled in Vienna where it and other OPEC members would meet with non OPEC producers including Oman and Russia to discuss their participation in the OPEC deal scheduled for November 30 was negative because it tells us that Russia will not be participating in cuts.

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OPEC Special Report: Oil Price Targets and Expectations

Stock Traders Daily has issued a Special Report on Oil, with emphasis on OPEC production cuts, including trading recommendations that are likely to influence the price of Chevron Corporation (NYSE:CVX), Exxon Mobil Corporation (NYSE:XOM), iPath S&P GSCI Crude Oil Total Return (NYSEARCA:OIL), and United States Oil Fund LP (ETF) (NYSEARCA:USO).

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