WTIU News and Press, UBS AG London Branch ZC SP ETRACS REDEEM 04/01/2047 USD 25 - Leveraged Long From 03/20/20

The Widespread Oil Storage Glut Everyone Is Talking About Won't Happen And Here's Why - OMF 3/20 With the coronavirus fears worsening and analysts cutting global oil demand by as much as ~20 mb/d now, analysts now fear that there will be a storage glut so big that oil prices could fall to $5...

ProShares Daily 3x Long Crude ETN ( WTIU -20% ), which has lost 64% of its value in the past year, calls it quit s, along with two other exchange-traded notes. More news on: ProShares Daily 3x Long Crude ETN, VelocityShares 1X Long VSTOXX Futures ETN, VelocityShare 1X Daily Inverse VSTO...

The count of active U.S. drilling rigs in the U.S. falls by 20 to 772, 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 ...

The outbreak of Coronavirus created demand destruction in the oil market. Throughout 2019 and into 2020, shares energy-related companies lagged both the crude oil and stock markets. The weak performance in the sector turned out to be a harbinger of lower prices for the price of crude oil. In e...

Despite the best day ever for crude on Thursday, which saw futures soar 24% , oil traders are struggling to navigate one of the biggest oil crashes in history, writes Bloomberg's Catherine Ngai . More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index...

Welcome to the it won't last edition of Oil Markets Daily! Whether it's the senators stepping in to tell President Trump that oil prices are too low or Trump now acknowledging that low oil prices are hurting shale producers, the price war won't last from even the Saudi or Russia angle eit...

At the time of writing, the iPath S&P GSCI Crude Oil Total Return Index ETN ( OIL ) is taking a beating, with shares down over 14% during the trading day. While this selloff is very traumatic and extends the year-to-date losses to well over 50% in the ETN, I believe that investors should s...

Introduction It has become increasingly difficult to make a meaningful energy market forecast as market fundamentals - commodity prices, are changing daily these days. Always to the downside. I had thought when I originally wrote this article for The Daily Drilling Report that we would see...

U.S. crude oil futures (NYSEARCA: USO ) plunge to their lowest since May 2003 , as travel and social lockdowns triggered by the coronavirus pandemic slam demand. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P GSCI Crude Oil Total Return Inde...

The price action in the crude oil market over recent weeks has been nothing short of carnage. On January 8, as tensions between the US and Iran reached a boiling point, the price of nearby NYMEX crude oil futures rose to a high of $65.65 per barrel. At the same time, the Brent benchmark hit a ...