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home / news releases / OILK - The Oil Picture Is Looking Up


OILK - The Oil Picture Is Looking Up

By and large, the oil industry right now should be in a state of jubilation. In recent weeks, crude prices have soared, supported by fears related to supply outages or imminent declines in places like Venezuela, Iran, and Libya, combined by the prospect that demand this year might be stronger than previously anticipated. In its latest report, the EIA (Energy Information Administration) announced some data that supports a picture that, compared to last month at least, is more bullish, but on the whole that data suggests that the glut picture facing the oil market

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Stock Information

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

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