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 / OILX - Oil Still Looks Bullish


OILX - Oil Still Looks Bullish

Oil markets are extremely volatile these days. After prices plunged into negative territory (for WTI) earlier this year, crude staged a remarkable recovery and is mostly bouncing around between $35 and $40 per barrel. Data provided by the EIA (Energy Information Administration) reveals that there is some pain associated with the space (as measured by growing inventories), but recent revisions to their estimates, combined with some key misconceptions put out by the EIA, illustrate that the market is well-positioned for upside to continue so long as a return to shutdowns caused by COVID-19’s widening spread

Read more ...

Stock Information

Company Name: UBS AG London Branch ZC SP ETRACS REDEEM 22/02/2046 USD 25 - Ser B
Stock Symbol: OILX
Market: NYSE

Menu

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

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