OILU News and Press, ProShares UltraPro 3x Crude Oil From 10/30/19

Crude oil prices slipped following a surprise supply build with U.S. stockpiles continuing to rise; WTI December crude settled -0.9% to $55.06/bbl and December Brent ended -1.6% to $60.61/bbl. More news on: Energy Select Sector SPDR ETF, California Resources Corporation, Nation...

KSA: A lot of work still has to be done. It´s been almost a year since KSA realized they made a mistake by increasing exports and oversupplying the market in 2018. This year´s oil price action is in thrall to last year events. However, KSA was really gone 180 degrees since Dece...

Following an oil spill which affected more than 200 beaches across the country, state-run oil company, Petrobras (PBR), has been hit with another potential issue, general strike action. The strike action is over the company's proposed annual wage hikes, which stand lower than the expected annu...

We took a brief hiatus from our weekly series Open Insights to update our oil thesis, recently published here , but we’re back now taking a look at the EIA’s Weekly Petroleum Status Report (“WPSR”) for the week of October 18, 2019. EIA reported a 1.7M barre crude...

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, barring failure of 52.39s as support. This expectation ...

Last week, I wrote an article , in which I argued that crude oil has bottomed and that price is likely to rise from here. This article caused quite a stir with one analyst on Seeking Alpha even going so far as to write a direct rebuttal to the piece. In this article, I will dig deeper into ...

Gainers:  Direxion S&P Oil & Gas Expl Bull 3X (NYSEARCA: GUSH )  +20.6% . More news on: Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3x Shares ETF, Direxion Daily Natural Gas Related Bull 3x Shares ETF, ProShares Trust II - ProShares UltraPro 3x Crude Oil ...

The total count of active drilling rigs in the U.S. plunges by 21 to 830, its eighth decline in the past nine weeks, Baker Hughes says in its latest survey . More news on: The United States Oil ETF, LP, The United States Natural Gas ETF, LP, VelocityShares 3x Long Natural Gas ETN, Energy ...

Albertans who oppose Trudeau's oil policies spoke out clearly on election night, giving Conservatives a clean sweep in the province. So what's in store for the Canadian oil patch? Kim Parlee speaks with Michael O'Brien, portfolio manager at TD Asset Management. Original Read more ...

Brian Sulley: Hello. I am Tortoise Client Portfolio Manager Brian Sulley and I am joined by Tortoise Managing Director and Portfolio Manager Rob Thummel. It’s still 2019 but the election season is upon us. We are 377 days from the 2020 United States presidential election but only 102 ...