1pm update – oil and energy

US equities are mostly leaning upward. Meanwhile, WTIC is currently -2.1% in the mid $66s. The energy sector ETF of XLE is currently net higher for the week by +1.6% at $88.39.

USO daily

XLE weekly

Summary

WTIC/USO: oil printed $68.65, if cooling back to the $66s. Partly impacted by the moderately stronger dollar, and chatter about OPEC+

XLE: energy stocks are moderately higher… fairing very well… relative to oil.

notable stock: OXY

Reflective of the sector.

notable nuclear stock: SMR

Background chatter about nuclear. Cyclically very low.

Equities: sp’60min

Very close to breaking a new hist’ high.