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WTID - The Oil Picture Is More Bullish Than The EIA Realizes
UBS AG London Branch ZC SP ETRACS REDEEM 04/01/2047 USD 25 - Leveraged Inverse
The first few days of August have been bloody and ugly for oil investors. Due to fears centered around a slowing global economy caused by the Trump Administration's trade war against China, oil prices have tanked and with that drop we have seen many of the oil and gas companies come crashing down as well. Even recent data provided by the EIA (Energy Information Administration) through its monthly STEO (Short-Term Energy Outlook) report shows that slower demand growth and (for next year at least) more robust supply growth might prove to create challenging