UBN News and Press, E-TRACS USB Bloomberg Commodity Index Exchange Traded Notes UBS Bloomberg CMCI Energy ETN From 03/31/20

The past five years have been unkind to the Canadian energy sector and its investors. A hypothetical C$100 investment in the S&P/TSX Composite Index would have grown to just shy of C$120 today even after the sustained market decline of the past several weeks. In contrast, the same inve...

The coronavirus outbreak and the effects of COVID-19 have gone deeper and wider than most people would have expected. That applies just as much to markets as anywhere. Whether it's a tech sector that is supporting our new work from home or re-rating as expensive EV/Sales multiples make less se...

In late 2015 and early 2016, commodity prices fell as economic growth in China slowed. The price of nearby NYMEX crude oil futures fell to a low of $26.05 per barrel, the lowest price since 2003. Crude oil fell below the bottom during the global financial crisis, where the energy commodity fou...

Originally published on March 20, 2020 While COVID-19 continues to spread throughout the world, the number of active infections within China has been declining since mid-February. In fact, yesterday marked the first day since the outbreak began that China reported no new locally transmi...

Carnage and Armageddon are the appropriate descriptions for the events that transpired in the crude oil futures market in the aftermath of the May 6 OPEC meeting. Crude oil equities had been flashing a warning signal for more than one year. The prices of oil-related companies lagged crude oi...

A quick note about oil. The Saudi-Russia price war means OPEC disarray and a lower oil price for the US. The Energy Information Administration ((EIA)) reports : In 2019, about 142.23 billion gallons (or about 3.39 billion barrels) of finished motor gasoline were consumed in the United St...

In April 2019, the price of crude oil rose to its high for last year when the price reached $66.60 per barrel. The move to the upside was impressive, as the energy commodity traded to a low of $42.36 per barrel in December 2018 on the active month NYMEX futures contract. While crude oil rallie...

The price of crude oil took the stairs to the upside from early October until January 8. The price rose from just above $50 per barrel to 95 cents below the 2018 high of $66.60 as tensions rose to a boiling point between the US and Iran. Since then, the price has been on an elevator ride to th...

Chances are, as a consumer, you probably notice changes in energy prices when it comes time to pay the bills. Whether it's the utilities at your house or gasoline for your car, changes in commodity prices ultimately affect your pocketbook. While energy prices can be governed by a number of fac...

Ray Dalio, in reference to the current financial scene, with its long period of expansion over more than a decade, has said, "This set of circumstances is unsustainable and certainly can no longer be pushed... [which] is why I believe that the world is approaching a big paradigm shift." Dali...