UBN News and Press, E-TRACS USB Bloomberg Commodity Index Exchange Traded Notes UBS Bloomberg CMCI Energy ETN From 06/27/21

The EIA issues revision data by whole states or state districts rather than by basin, so some of the reserves and production, but a small proportion, will be from conventional reservoirs. Cumulative adjustments and revisions turned negative in 2019 and I expect will show a major decli...

One risk on investors’ minds hasn’t been much of a factor in nearly a decade: inflation. By the end of 2020, despite real assets regaining some ground, the return deficit was –6.8%. Actually, when evaluated on multiple dimensions—inflation sensitivity, ...

The world goes green. Is that bad for conventional energy producers? Game plan for a gravy train collapse. Supply response vs. higher prices may be different this time. As convoluted as this might seem, green may be good for fossil fuel producers for some time to come. F...

Those paying attention to the market chatter this week may have heard the phrase “Black Wednesday” pass the lips of pundits who study the fossil fuels industry, though the events didn’t result in any kind of immediate panic-selling by investors of energy shares. A...

The energy bull market is only just beginning. In terms of set-up, we aren't even in the 1st inning yet. As the global economy recovers from COVID, we are only returning back to normal. Years of insufficient capex investment will catch up to the world via inadequate oil supplies, ...

Global carbon emissions are on track to jump 4.8% this year, according to the IEA, marking the biggest annual gain since 2010's record-setting increase, when the world was bouncing back from the global economic crisis. A similar situation is occurring now. The coronavirus pandemic shut many o...

All 11 S&P 500 sectors were up in Q1 2021. The best performers were the traditional cyclical sectors - Energy, Financials, Industrials and Materials. The Russell 1000 Value Index bested the Russell 1000 Growth Index by 10.31% - the fifth-best quarterly relative performance in hist...

The boost to crude reserves from ultra-deep fields looks to have run its course starting in 2017/2018. Net additions of reserves peaked in 2018 for oil and gas, and total remaining reserves peaked in 2018 for gas and will in 2019 for oil (whether locally or globally time will tell). ...

Commodity indexes are rallying as government stimulus and low interest rates fuel inflation expectations. Commodities can help investors hedge against inflation and diversify portfolios. Commodity exchange traded products (ETPs) offer convenient and affordable access to broad bask...

Anyone with a commitment to commodities over the past few decades of prominent disinflationary forces has endured considerable pain. In this blog, we attempt to make the case that something that lost over 12% a year on average for more than a decade could play an interesting role in a...