UWT News and Press, Citigroup Global Markets Holdings Inc ZC SP ETN REDEEM 15/12/2031 USD 25

Co-produced with The Value Portfolio A few days ago, we published our Part 1 article about the impact of lower oil prices on MLPs. We recommend starting by reading it here . Now, it’s time to look past the macroeconomics, at Part 2, the effect of lower oil prices on specific inve...

After the impressive short-covering rally of the last two weeks, stocks have hit the proverbial wall as low oil prices continue to cast a deflationary shadow over the global economy. In this report, I'll explain why it's important for the energy sector to bottom out before the equity market is...

Overview Global equities are finishing the week on a soggy tone despite the 2%+ gains seen in the US yesterday. The extension of shutdowns, rising contagion and fatality rate, and imploding economies weigh on prices. In Asia, Korea and Indonesia bucked the trend to most minor gains. Europe i...

If it wasn't for the coronavirus, the news cycle would most likely be exclusively focused on oil market, where demand has dropped by as much as 30M barrels per day (roughly equivalent to the combined output of the Saudis, Russia and the U.S.). More news on: The United States Oil ETF, LP, i...

President Trump, speaking about a potential agreement between Saudia Arabia and Russia in their oil price dispute, said "I think they'll hopefully announce something soon." More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, VelocityShares 3x L...

The broader market has eased off some of its earlier gains but the oil and gas sector ( XLE +8.1% ) stays strong, as May WTI crude closes +24.7% to $25.32/bbl for its largest single-day percentage gain in history and Brent crude climbed +17.8% to $29.14/bbl ( CL1:COM ). More news o...

Pres. Trump tells CNBC he spoke to Russia's Putin and Saudi's Mohammed Bin Salman and expects the two countries to announce a 10M-barrel production cut and potentially a 15M-barrel cut. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P GSCI Crude O...

Crude oil ( CL1:COM ) cruises higher a day after Pres. Trump said he expected Saudi Arabia and Russia would reach a deal soon to end their oil price war and Russia's Pres. Putin called for cooperation among producers. More news on: Crude Oil Futures, Exxon Mobil Corporation, Chevron Corp...

Commodity demand reflected in futures - and ETF - prices. No doubt about it: the COVID-19 outbreak has wreaked havoc on worldwide markets. While demand surges, albeit raggedly, for safe-haven assets such as gold, equities have been slammed. A double whammy has been dished on the oil market...

The U.S. Department of Energy reportedly is set to announce it will allow oil companies - currently awash in a glut of crude - to lease space in the country's emergency oil reserve . More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P GSCI Crude Oil T...