OILU News and Press, ProShares UltraPro 3x Crude Oil From 03/11/20

Mexico and other countries are looking to mediate between Russia and Saudi Arabia to end an oil price war that has battered global markets. 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 ETFs...

The American Petroleum Institute reportedly shows a build of 6.41M barrels of oil for the week ending March 6, the seventh straight weekly increase. 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, Ene...

U.S. crude oil futures followed their largest percentage loss since 1991 with a 10% rebound , helped by reports that Russian had not ruled out measures with OPEC to stabilize oil markets. More news on: The United States Oil ETF, LP, United States Brent Oil Fund, LP, Energy Select Sec...

The virus is doing what it does. The market does not like it. Crude oil prices plummeted today on coronavirus-led demand shock and the inability of OPEC (Organization of the Petroleum Exporting Countries) to get a deal to limit daily oil production. The result seems to be an old-fashioned ...

Global markets sell off again. This time from a collapse in oil prices as Saudi Arabia sets off an oil price war with Russia. Robert Vanderhooft, CIO, TD Asset Management and Michael O'Brien, Managing Director, TD Asset Management look at the implications for markets, the Canadian energy ...

By Fred Fromm, CFA, Vice President, Research Analyst, Portfolio Manager, Franklin Equity Group® Franklin Equity Group's Fred Fromm explains why recent oil market demand and supply shocks are essentially unprecedented and are leading to oil prices that are uneconomical for almost all ...

WTI crude oil (NYSEARCA: USO ) +6% to $33.01/bbl and Brent (NYSEARCA: BNO ) +6.9% to $36.75/bbl, trying to recoup some of yesterday's disastrous losses on hopes that a price war between Saudi Arabia and Russia will not be sustained. More news on: The United States Oil ETF, LP, United...

Welcome to the price war edition of Oil Markets Daily! Over the weekend, we published 7 flagship weekly articles. Here are the article titles: US Oil Production Sensitivity Analysis To Lower Oil Prices Saudi's Strategy And The Thinking Behind The Recent Meeting Saudi Price War Scen...

Crude oil concludes its worst day since the 1991 Gulf War after Saudi Arabia slashed prices and promised to raise production. More news on: The United States Oil ETF, LP, United States Brent Oil Fund, LP, Energy Select Sector SPDR ETF, Energy stocks news, Commodities news, Stocks on the ...

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...