Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / OILK - Oil: Losing Support


OILK - Oil: Losing Support

The OPEC+ deal’s period of validity is nearing and I offer my analysis regarding the cartel’s future actions and their consequences for the fundamental state of the oil market.

Let us recall first what OPEC decided in December:

... the Conference decided to adjust OPEC overall production by 0.8 mb/d from October 2018 levels, effective as of January 2019, for an initial period of six months, with a review in April 2019...

Without Qatar, which has left the cartel, in October OPEC oil production was 32.3 mb/d. Subtract 0.8 mb/d from this figure and we

Read more ...

Stock Information

Company Name: ProShares K-1 Free Crude Oil Strategy ETF
Stock Symbol: OILK
Market: NYSE

Menu

OILK OILK Quote OILK Short OILK News OILK Articles OILK Message Board
Get OILK Alerts

News, Short Squeeze, Breakout and More Instantly...