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Oil's on a four-day winning streak

Jun. 27, 2017 9:39 AM ETUCO, USO, OIL-OLD, DBO, USL, UGA, UHN, DTO, OLO-OLD, SCO, DNO, BNO, OILX, OILK, UWT, DWT, WTID-OLD, WTIU-OLD, USOI, SZOXF, OILBy: Stephen Alpher, SA News Editor6 Comments
  • Crude is up another 1.15% this morning to $43.88 per barrel, continuing a bounce from late last week when it touched an eight-month low of $42.
  • The move at this point is little more than a blip on a one-month downtrend that started at $52 per barrel.
  • After the close, we get inventory data from the API. The EIA's inventory numbers come tomorrow morning, and stocks are seen dropping 2.25M barrels.
  • USO +0.85%
  • ETFs: USO, OIL, UWT, UCO, DWT, SCO, BNO, DBO, UGA, DTO, USL, DNO, OLO, SZO, UHN, OLEM, OILK, WTIU, OILX, WTID, USOI

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