OILU News and Press, ProShares UltraPro 3x Crude Oil From 03/09/20

You have certainly heard the news: Russia refused to support deeper oil production cuts, Saudi Arabia decreased its official selling prices, and the OPEC/non-OPEC deal disintegrated. As a result, WTI oil ( USO ) prices have briefly visited sub-$30 levels, while Brent oil ( BNO ) traded clo...

What I Believe It Takes To Be A Great Dividend Growth Investor I am writing this at 9:38 a.m. Monday morning with the Dow down over 1800 points. It is ugly, sickening, and troubling. There aren't many words that anyone can say to a scared investor, aside from: calm down, try not to panic ...

At the end of last week, the price of nearby NYMEX crude oil futures fell below the December 2018 low. After trading to a high of $65.65 on January 8, when tensions between the US and Iran reached a boiling point, the price fell to a low of $41.77 on March 6, as the energy commodity took an el...

Coronavirus and US politics combined to cause a period of extreme volatility in markets across all asset classes over recent weeks. The price variance in the stock market became so intense that the US Fed and other central banks around the world had to step in with a massive dose of stimulus i...

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 cautious, primary expectation for this week was for price discovery lower, barring failure of 46s as resistance. This exp...

The count of active U.S. drilling rigs in the U.S. rises by 3 to 793, Baker Hughes says in its latest weekly report . 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 E...

Crude oil futures ( USO -7.3% ) extend losses, falling as much as 6.5% with OPEC+ talks said to be on the verge of collapse; April WTI -5.7% to $43.27/bbl, May Brent -5.6% to $47.18/bbl. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P GSCI Cr...

A Russian high-level source told Reuters on Friday that the country would not back an OPEC call for extra reductions in oil output, saying, the "position won't change." More news on: Saudi Aramco, The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, News on...

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 54.66s holding as resistance. This expectation ...

The U.S. benchmark oil price (NYSEARCA: USO ) plunged 16% in its largest weekly decline since December 2008 , as the spread of the coronavirus stokes fears of slowing global demand. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P GSCI Crude Oil To...