OILU News and Press, ProShares UltraPro 3x Crude Oil From 02/06/20

By Blu Putnam At a Glance Roundtable with economists, traders examines the effect of surging U.S. production and geopolitical events in the Middle East. The Middle East oil risk premium is a fraction of what it was a decade ago. The mid-September 2019 drone strike on a Saud...

Chinese energy executives forecast the country's oil consumption will plunge 25% this month , Financial Times reports, as the coronavirus outbreak paralyses travel and shuts down industrial activity. More news on: PetroChina Company Limited, China Petroleum & Chemical Corporation, C...

Crude oil prices soar following reports that scientists have developed an effective drug against the coronavirus; March WTI (NYSEARCA: USO ) +4.2% to $51.70/bbl, April Brent (NYSEARCA: BNO ) +4.3% to $56.29/bbl. More news on: The United States Oil ETF, LP, United States Brent Oil Fu...

By Stacey Morris With the State of the Union Address airing tonight, it seems timely to do our own State of Midstream - with no applause breaks needed! As with a typical State of the Union Address, this is an opportunity to reflect on where midstream is, where it may be heading, and what i...

On January 15, optimism over the de-escalation of the trade war between the US and China reached a peak. After months of negotiations, tariffs from the US, and rising protectionist retaliation from China, the "phase one" trade deal took some pressure off China's economy. The trade war weighed ...

The American Petroleum Institute reportedly shows a build of 4.18M barrels of oil for the week ending Jan. 31. 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, New...

Crude oil stages a modest rebound from one-year lows, as investors bet OPEC and its allies will agree to deeper production cuts to combat the global economic impact of China's coronavirus. More news on: The United States Oil ETF, LP, United States Brent Oil Fund, LP, BP PLC, Energy stoc...

Saudi Arabia reportedly is pushing for a sharp short-term oil production cut in response to the China coronavirus, although OPEC and its allies are split for now over how they should manage supply. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, Valero Energy ...

Crack spreads measure the cost of refining or processing a barrel of crude oil into oil products such as gasoline and distillates. The price action in crack spreads can provide two significant pieces of critical information for the energy sector. First, they offer insight into the demand for g...

With crude trading near $51 a barrel - after a slump of about 16% in January - OPEC and its allies are considering calling an emergency meeting. 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, News on...