OILU News and Press, ProShares UltraPro 3x Crude Oil From 01/14/20

U.S. oil production growth should slow over the next five years, likely causing big companies to "gobble up" smaller shale oil producers , Schlumberger (NYSE: SLB ) non-executive chairman and shale pioneer Mark Papa tells Reuters. More news on: Schlumberger Limited, The United States Oil ...

The American Petroleum Institute reportedly shows a build of 1.1M barrels of oil for the week ending Jan. 10. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, VelocityShares 3x Long Crude Oil ETN, Energy stocks news, Commodities news, News...

Crude oil is still the energy commodity that powers the world. The US has become the world's leading producer with 12.9 million barrels of output each day. Moreover, the US has recently become an exporter of petroleum to consumers around the world. Meanwhile, over half of the crude oil reserve...

Oil prices retreated after the International Energy Agency said there is an abundance of oil in the market in 2020 while oil demand growth is likely to remain weak. ((AFP)) The previous week's price rise was of course caused by heightened tensions with Iran. The International Energy Ag...

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 62.35s as support. This expectation ...

NYMEX crude oil futures finished 2019 with a gain of just under 13% in the final quarter of the year. In the year that ended on December 31, the energy commodity was one of the best-performing commodities of the year, second only to palladium. NYMEX oil futures posted an impressive 34.46% gain...

Gainers:  Velocity 3X Inverse Crude Oil (NYSEARCA: DWT )  +19.1% . More news on: VelocityShares 3x Inverse Crude Oil ETN, ProShares Daily 3x Inverse Crude ETN, ProShares Trust II - ProShares UltraPro 3x Short Crude Oil ETF, Stocks on the move, News on ETFs, Read more ...

Crude oil (NYSEARCA: USO ) posted its worst week in at least five months , amid fading fears of a wider U.S.-Iran confrontation and a surprise weekly rise in U.S. crude inventories. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, VelocityS...

The number of active drilling rigs in the U.S. declines by another 15 to 781, following last week's drop of 9, according to the latest weekly survey from Baker Hughes. More news on: The United States Oil ETF, LP, The United States Natural Gas ETF, LP, VelocityShares 3x Long Natural Gas E...

Tensions between the U.S. and Iran hit a boiling point as Iran fires missiles at U.S. forces in Iraq in retaliation for killing its top general. Could mounting pressures in the Middle East push oil prices to triple digits? And will gold be a safe haven of choice? Kim Parlee speaks with Ba...