US equities remain very significantly higher. Meanwhile, WTIC is currently -0.9% in the $37s. The energy sector ETF of XLE is currently net higher for the week by +1.3% in the $33.06s.
USO daily
XLE weekly
Summary
WTIC/USO: oil is churning the 37/36s, and considering the main market and weaker dollar, is actually weaker than it might seem. Major support 32/30.
XLE: energy stocks battling for sig’ gains, but the sector remains broken.
notable energy stock: XOM
The ex-Dow component was earlier lower for the 20th day of 23, but currently fractionally positive.
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Equities: sp’60min
Further churn can be expected. S/t cyclically high.