OILK News and Press, ProShares K-1 Free Crude Oil Strategy ETF From 07/21/19

This May 5, 2019, photo issued by Karatzas Images showing the British oil tanker Stena Impero at unknown location, which is believed to have been captured by Iran. ((AP)) China's economy slowed to the weakest pace since quarterly data began in 1992 amid the ongoing trade standoff with the...

Crude oil is the energy commodity that still powers the world. While concerns about the environment are likely to decrease the use of fossil fuels over the coming years, crude oil continues to be a ubiquitous energy commodity. Over half the world's petroleum reserves are in the Middle East, an...

In this article, we examine the significant weekly order flow and market structure developments driving WTI price action. As noted in last week’s WTI Weekly , the primary expectation for this week was for price discovery higher. This expectation did not play out as selling interest e...

( We recently published our Q2 2019 letter here updating our oil thesis , and invite readers to read it for further context ). There's been much talk about Saudi Arabia and whether it is "doing enough" to rebalance the oil market. Let's take a look at the most recent data given JODI's updat...

Crude oil ticks slightly higher following unconfirmed reports that Iran has seized a U.K.-flagged oil tanker ; WTI crude +0.6% to $55.66/bbl, Brent +1% to $62.54/bbl. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P Crude Oil Total Return Index...

The number of active U.S. drilling rigs declines by another 4 to 954 after falling by 5 in the previous week, marking the 9th decline in the total count over the past 11 weeks, according to Baker Hughes' latest report . More news on: The United States Oil ETF, LP, The United States Natura...

The International Energy Agency doesn’t expect oil prices to rise significantly because demand is slowing and there is a glut in global crude markets, Executive Director Fatih Birol told an energy conference in New Delhi. More news on: The United States Oil ETF, LP, iPath S&P ...

Crude oil pops higher after Iran’s Revolutionary Guard said it had seized a foreign tanker in the Strait of Hormuz; U.S. WTI  +0.8% at $57.22/bbl, Brent +1% at $64.27/bbl. More news on: The United States Oil ETF, LP, iPath S&P Crude Oil Total Return Index ETN, Velocity...

Commodities were on mostly sound footing in the first half of 2019. The S&P GSCI returned more than 13 percent as of June 30, one of the best first six months in recent memory. It was not without its challenges, though. In a repeat of last year, crude oil was the top-performing commodity...

As the clouds of weak global economic growth started to shroud oil markets, the U.S. - Iran rivalry prevented oil prices from falling further. I opined in one of my articles that we will likely see $40 oil very soon, but after a few days, two tankers were attacked in the Gulf of Oman, lead...