OILK News and Press, ProShares K-1 Free Crude Oil Strategy ETF From 07/01/19

My July West Texas Intermediate oil price forecast ranges between $55.00 and $65.00 per barrel. The range is the same as last month's forecast. My prior forecast was wrong. June oil prices were much lower than I expected. The US-China negotiations broke down, and the global economy appears t...

I use what I like to call a "Technomental Approach" to analyze commodities markets. Fundamental supply and demand provide clues that lead to price direction bias. Technical factors uncover what the herd of buyers or sellers are doing leading to direction when it comes to execution levels to en...

Russia and Saudi Arabia have agreed to extend by six to nine months the OPEC+ oil supply cut deal, making the outcome of next week's group gathering in Vienna all but a foregone conclusion. More news on: The United States Oil ETF, LP, iPath S&P Crude Oil Total Return Index ETN, Veloc...

In this article, we examine the significant weekly order flow and market structure developments driving WTI's price action. As noted in last week's WTI Weekly , the primary expectation for this week was for price discovery higher. This expectation did play out as balance development early w...

I suggest digressing from geopolitics for a while and answering a simple question - from a fundamental point of view, is it a bull or a bear oil market now? And how to detect where the bear and bull phases of the market begin and end? What concerns my opinions on the questions posed, I do no...

Crude oil prices tumbled just before the settlement after European parties to the Iran nuclear deal said they would try to help normalize trade with the country despite U.S. sanctions; WTI settled -1.6% at $58.47/bbl. More news on: The United States Oil ETF, LP, Energy Select Sector S...

The total count of active U.S. drilling rigs remains unchanged at 967, following six declines in the previous seven weeks, according to Baker Hughes' latest weekly survey . More news on: The United States Oil ETF, LP, The United States Natural Gas ETF, LP, iPath S&P Crude Oil Total Re...

In case you’ve missed the news, iPath's S&P Crude Oil Total Return Index ( OIL ) has been on a tear in a month of heightened volatility. While the 1-month return is -9%, the one week return of the ETN is +9%... that’s right, we’ve retraced half of the last month’...

Investment Philosophy In The Intelligent Investor , Benjamin Graham states, "the essence of investment management is the management of risks, not the management of returns." At the heart of this approach is loss minimization, deliberately protecting oneself against serious losses. Warren ...

OPEC rescheduled its meetings to take place on July 1 st and 2 nd next week from June 26 th . It was a sign of incredible weakness because the meetings had been scheduled six months in advance, and then the Russian minister recently said he had a scheduling conflict. And Russia is not even a...