WTIU News and Press, UBS AG London Branch ZC SP ETRACS REDEEM 04/01/2047 USD 25 - Leveraged Long From 03/23/20

Welcome to the export edition of Oil Markets Daily! People keep thinking about the oil market in a vacuum. They are imaging the global oil trade like a faucet to a bucket. Oil produced - oil consumption = delta But what's not being said is about the function of the oil market and how o...

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...

In this article, we examine the significant weekly order flow and market structure developments driving WTI price action. The primary expectation for this week was for price discovery lower, barring failure of 33.88s as resistance. This expectation did play out as a sell response developed i...

The cost of transporting oil on supertankers has soared as refiners and traders scramble to secure vessels to ship more crude. That has increased the cost of loading barrels from Arabian Gulf producers. Crude oil prices continue to fall with steep fluctuations - dropping more than half sin...

Crack spreads reflect the economics of processing a barrel of crude oil into oil products. The raw crude oil passes through a catalytic cracker and heat transforms the petroleum into gasoline or distillates. The distillates include heating oil, jet and diesel, and other fuels. Crack spreads ...

By OpenMarkets At A Glance Many large sovereign wealth funds must find ways to repatriate money as oil prices sink. The recent oil price war between Saudi Arabia and Russia has had ancillary effects in energy markets and beyond. Jack Bouroudjian looks at three problems associate...

The two benchmarks in the crude oil market are the Brent and WTI or West Texas Intermediate prices. Brent crude oil's price reflects the energy commodity produced in Europe, Africa, and the Middle East. The WTI price is the standard for crude oil that comes from the crust of the earth in North...

Saudi Arabia and Russia decided to wage an oil price war, and it is clear that American shale producers are the target. The Russian position was that it had supported output cuts for more than three years, and shale production has seized market share as a result. Saudi Arabia's aggressive po...

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...