OILU News and Press, ProShares UltraPro 3x Crude Oil From 02/11/20

The American Petroleum Institute reportedly shows a build of 6M barrels of oil for the week ending Feb. 7. 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 on...

- When I see comments like this, especially from the likes of Jim Cramer (Squawk on the Street, 2/7/20) , it gives me pause. - Cramer's 'big call' history is more than a bit spotty. - Flawed as the much-heralded concept of 'peak oil' was back in 2008, writing the obituary for the foss...

With shares falling by around 20% since the start of the year, the Etracs S&P GSCI Crude Oil Total Return Index ETN ( OILX ) has certainly not been the favorite instrument in many portfolios. While this drop is painful for those trading OILX to the long side, I believe that the current pul...

The energy sector ( XLE -0.9% ) extends its recent weakness , dropping back near last week's lows amid continued worries that the spreading coronavirus will weigh on demand and economic growth. More news on: Energy Select Sector SPDR ETF, National Oilwell Varco, Inc., Cimarex Energy Co....

Are stocks too expensive? "Note again that there is an enormous spike after 1997, when the ratio rises until it hits 44.3 by January 2000. Price earnings ratios by this measure have never been so high. The closest parallel is September 1929, when the ratio hit 32.6." Robert J. Shiller, w...

WTI March crude oil closes -1.2% at $50.32/bbl for a 2.4% decline this week, marking a fifth straight weekly fall , as strong U.S. economic data failed to offset concerns over the global economy fed by the spread of the coronavirus. More news on: The United States Oil ETF, LP, Ener...

The count of active drilling rigs in the U.S. remained unchanged at 790 in 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 ETN, Energy stocks news, Commodities news, News on...

Russia supports a recommendation to deepen OPEC+ oil supply curbs amid falling demand for crude as China battles a coronavirus outbreak. 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 new...

A technical committee of OPEC+ has added a third day of meetings after failing to reach a recommendation on an emergency summit of oil ministers. 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...

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...