OILD News and Press, ProShares UltraPro 3x Short Crude Oil From 10/28/23

2023-10-28 10:56:41 ET More on weekly ETF movers MSOS: Character Change In Cannabis Sector (Technical Analysis) NRGU: A Levered Unsecured Oil Play At The Exact Wrong Time MSOS: Cannabis Stocks Soar On HHS Recommendation To Reschedule, Buy These 3 Stocks Now M...

2023-10-14 13:32:24 ET More on ETF weekly movers NRGU: A Levered Unsecured Oil Play At The Exact Wrong Time NUGT: For Aggressive Gold Bugs, Leverage On Leverage MSOS, AGQ and NRGU among weekly ETF movers Production cuts by Saudi Arabia and Russia are a delica...

2023-07-01 10:40:57 ET Gainers: KS Global Crabon Offset Strategy ETF ( KSET ) +27% . Graniteshares Coinbase 1.5X Daily ETF ( CONL ) +25% . Transportation Bull 3x Direxion ( TPOR ) +16% . Real estate Bull 3X Direxion ( DRN ) +15% . Lose...

2023-04-20 15:26:11 ET Summary Oil prices are failing to gain any additional traction post-OPEC+'s surprise cut announcement. Fundamentally, April oil market balances only show a minor deficit. The rubber still needs to meet the road, so the market continues to wait. In the me...

2023-04-05 16:47:56 ET Summary The oil market has figured out the price at which oil demand starts to rebound. This sets up an asymmetric upside scenario similar to the asymmetric downside scenario we saw in June 2022. If U.S. oil demand continues to improve, then the market w...

Summary An update on my oil short thesis published on August 15, 2022. Oil continues to trade at a premium. U.S. supply continues to rise. Global recession risk is higher than ever. OPEC+'s cuts are completely overblown. On August 15, 2022, I published a report on Se...

Bank of Montreal Announces the Reverse Split of Two Series of ETNs Canada NewsWire NEW YORK , Nov. 21, 2022 /CNW/ - Bank of Montreal (TSX:BMO)(NYSE:BMO) today announced that it will implement a reverse split of the ETNs listed in the table below, expe...

Summary Oil prices could be higher for longer. Demand continues to grow globally, despite the short-term impact of the pandemic. Supply is constrained, due to ESG mandates, regulation, and underinvestment in new production. OPEC has shown it's willing to do what is needed to k...

Summary US demand data continues to be volatile. We believe a large element of the downside surprise has to do with exports being so elevated. (EIA overstating product exports). However, as we explain below, there's an irony to all this. Either way, the conclusion is the s...

The 50% reduction in the discount on Russian crude is temporary as the market is underestimating the impact of EU sanctions. The expected surplus in Q3 has caused WTI to decline 15% QTD. However, the significant potential for gas-to-oil switching this winter could surprise demand....