WTIU News and Press, UBS AG London Branch ZC SP ETRACS REDEEM 04/01/2047 USD 25 - Leveraged Long From 04/16/20

As the Coronavirus was spreading around the globe like wildfire economic activity ground to a halt. On February 20, the US stock market reached an all-time high. On the same day, the price of crude oil traded to $54.82 per barrel. Few market participants could have imagined that a little ove...

Access to affordable and reliable energy is critical for achieving robust economic growth and sustained improvements in quality of life. As such, one of the most significant challenges in addressing climate change is the need to meet growing global energy demand while achieving poverty-reducin...

By Owain Johnson and Jeff White At a Glance The collapse in oil demand brought on by COVID-19 has pushed market volatility to record levels as prices fall. Crude oil implied volatility reached 185% in March. No other major exchange commodity has ever seen levels that high. While ...

Concerns about the economy have overtaken concerns about the virus. That's the conclusion reached by a series of polls conducted at fivethirtyeight.com. According to their surveys, Americans remain very concerned about the pandemic to start with. Thirty-eight percent say that, up from about ...

The American Petroleum Institute reportedly shows a build of 13.4M barrels of oil for the week ended April 10, its third consecutive increase. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, ProShares Trust II - ProShares Ultra Bloomberg ...

Crude oil prices ( CL1:COM ) are mixed in volatile trading after OPEC and its allies finally agreed to cut production by 9.7M bbl/day , but gains are limited by concerns that the cuts will not be enough to head off oversupply as the coronavirus hits demand. More news on: Crude Oil Futu...

Investment thesis. Global equity markets made strong moves this week based on the strength and size of the fiscal and monetary stimulus along with the belief that we're nearing a contagion peak. However, investors haven't seen the actual economic numbers yet; wait for the markets to survive...

OPEC+ ministers reportedly have reached an agreement to cut oil production , agreeing to a 9.7M bbl/day reduction with a cut for Mexico of just 100K bbl/day ( CL1:COM ). More news on: Crude Oil Futures, The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, En...

This sustainable output cut strategy will last until April 2022, starting with a reduction of 10 million bpd during May and June. OPEC+ has made the largest oil output cut in history. The move points to the alliance seeking to balance the oil market over the medium-term rather than worki...

As noted in last week’s WTI Weekly , the primary expectation for this week was for price discovery higher, barring failure of 22s as support. This expectation did not play out as the key support area, 29s-30s, held early week before a pullback to 23.54s developed into mid-week. Rotatio...