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Charles Petredis » Comments » OIL

  • Bullish Crude Oil ETFs Showing Strength  [View article]
    The USO is completely broken, lagging the actual price of crude oil by over 40% since inception. Recommending this type of investment or believing that they work is nothing short of criminal.
    May 31 18:18 pm |Rating: +3 0 |Link to Comment
  • Financial Crisis Could Cause Delayed Oil Price Spike [View article]
    In your title change the word "could" to "is"
    May 31 18:16 pm |Rating: +3 0 |Link to Comment
  • Gas/Oil Ratio: Flashing an Extreme [View article]
    Just so you know, the historical ratio from 1980 to now is about 8.5:1 which accounts for the fact that the two commodities are not perfect substitutes. I agree that natural gas is definitely undervalued, but the short term fundamentals for natural gas are worse than that of crude oil because the U.S. is receiving a ton of LNG shipments. Over time this will move back to normal and both commodities will appreciate heavily.
    May 31 18:10 pm |Rating: +3 0 |Link to Comment
  • Why Is Oil Creeping Back Up? [View article]
    As had been said many times, writing this without mentioning the relationship between commodities and the dollar is almost ludicrous.
    May 31 17:48 pm |Rating: +10 -1 |Link to Comment
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