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home / news releases / USOI - Oil Markets: Expect More Volatility Ahead


USOI - Oil Markets: Expect More Volatility Ahead

As the clouds of weak global economic growth started to shroud oil markets, the U.S. - Iran rivalry prevented oil prices from falling further. I opined in one of my articles that we will likely see $40 oil very soon, but after a few days, two tankers were attacked in the Gulf of Oman, leading to an exchange of heated rhetoric between the arch rivals. $40 oil was put on hold. Then, the much-hyped and anticipated meeting between Trump and Xi took place on the sidelines of the G20 meeting in Osaka, leading to hopes

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Stock Information

Company Name: Credit Suisse X-Links Crude Oil Shares Covered Call ETN
Stock Symbol: USOI
Market: NASDAQ

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