Your email has been successfully added to our mailing list.

×
0.00410486687531173 0.0046718374382002 0.00580577856397692 0.00353789631242327 0.00580577856397692 -0.000997868190683631 -0.0157391028257815 -0.00689436204472268
Stock impact report

The U.S. Oil ETF, USO, Is The Culprit Behind Oil’s Massive Plunge [Forbes]

Nordic American Tankers Limited (NAT) 
Last nordic american tankers limited earnings: 2/18 06:51 am Check Earnings Report
US:NYSE Investor Relations: nat.bm/investor-relations
Company Research Source: Forbes
Watching the May contract for oil futures this morning, I was shocked at the amount of coverage given to “oil’s plunge” Monday morning.  That may be because I watch the May 2021 WTI futures contract, which has fallen $0.18 per barrel to $35.34 in early Monday trading, not the May 2020 contract which has fallen an astounding $7.42 (more than 40%) to $10.84 per barrel and drawn all the headlines.The culprit here is obvious.  The United States Oil ETF, USO.A picture taken on October 17, 2017 shows excess flammable gasses burning from gas flares at the... [+]Havana oil field, west of the multi-ethnic northern Iraqi city of Kirkuk. Iraqi forces took control of the two largest oil fields in the disputed northern province of Kirkuk demolishing Kurdish hopes of creating a viable independent state. / AFP PHOTO / AHMAD AL-RUBAYE (Photo credit should read AHMAD AL-RUBAYE/AFP via Getty Images)According toBloomberg, USO owned 25% of the outstanding volume of May WTI oil futures contracts as of las Show less Read more
Impact Snapshot
Event Time:
NAT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for NAT alerts
Opt-in for
NAT alerts

from News Quantified
Opt-in for
NAT alerts

from News Quantified