Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

The Energy Reversal Begins

By Tim KnightCommoditiesJul 22, 2021 11:41AM ET
www.investing.com/analysis/the-energy-reversal-begins-200593016
The Energy Reversal Begins
By Tim Knight   |  Jul 22, 2021 11:41AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 

The charts speak for themselves.

United States Oil Fund, LP (NYSE:USO):

USO Chart.
USO Chart.

Energy Select Sector SPDR® Fund (NYSE:XLE):

XLE Chart.
XLE Chart.

The multi-decade continuous contract of crude oil helps illustrate why I think we’re heading vastly lower.

Crude Oil Futures Chart.
Crude Oil Futures Chart.

The Energy Reversal Begins
 

Related Articles

Phil Flynn
Energy Report: Build Back Big Oil Better By Phil Flynn - Jul 30, 2021

It must be frustrating for the Biden administration that all of the policies that they put in place to try to reduce America's dependence on oil and gas are helping build back Big...

The Energy Reversal Begins

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (6)
Steven Long
Steven Long Jul 26, 2021 6:02PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
I'm pretty confident XLE will trade around 58.50 per share and wouldn't be surprised if it hit $60 per share in the next 60-days. I'm not finding solid analysis in this article, nor, do I understand what modeling the writer is using to demonstrate the value spread. Meanwhile, gas will continue increasing in price as the President's "green" agenda will drive thinner margins between supply and demand. That bodes well for producers, sellers, investors.
Fungus Amongus FA
Fungus Amongus FA Jul 24, 2021 4:36PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
tim is good , as long as you do the opposite ..
simone scelsa
simone scelsa Jul 23, 2021 1:54AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
extremely lazy analysis, why bothering analysing supply and demand when we can just highlight a portion of a chart in yellow?
Colonel Forbin
Colonel Forbin Jul 22, 2021 11:28PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
The inflation is probably transitory
simone scelsa
simone scelsa Jul 22, 2021 11:28PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
A small increase in the money velocity, with the current record money supply, would generate prolonged and sustained inflation. This cannot be undone.
Jose Maderno
Jose Maderno Jul 22, 2021 8:47PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Wow, you use a chart of XLE, which contains Halliburton, Cabot, Holly Frontier, Valero, Marathon Petroleum to "prove" the Oil commodity is heading "vastly lower".  Why not use a chart of /CL to prove your point instead of an ETF that holds refiners and Natural Gas companies?
Pickle Bear
PickleBear99 Jul 22, 2021 8:47PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Cuz hes a dbag
Fabio falec
falec Jul 22, 2021 8:47PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
He is the spammer king of the investment forums.
Ioannis Lazaridis
Ioannis Lazaridis Jul 22, 2021 8:47PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
For how much money do you think that he and others publish their articles here ? A European economist who was writing articles for investing websites, he arrived up to Bloomberg, was getting 150-450 USD per article. He admitted this many times in his videos. So , what to expect from someone who throws 2 lines for a few dollars ?
Jim Orth
Jim Orth Jul 22, 2021 6:01PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Since I commute 70 miles per day, I hope this means lower prices at the pump!
Filipe Pereira
Filipe Pereira Jul 22, 2021 6:01PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
no, mean high prices at the pump
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email