1pm update – oil and energy

US equities remain in OPEX chop mode. Meanwhile, WTIC is currently +1.3% in the mid $59s. The energy sector ETF of XLE is currently net higher for the week by +2.2% at $47.69.

USO daily

XLE weekly

Summary

WTIC/USO: oil printed $58.81, if bouncing back to around $60. M/t bearish unless >63.00

XLE: energy stocks are a little higher.

notable stock: XOM

Its been a bullish week for big oil.
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notable nuclear stock: SMR

The bold will be buying.
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Equities: sp’60min


The OPEX chop continues.