WTIU News and Press, UBS AG London Branch ZC SP ETRACS REDEEM 04/01/2047 USD 25 - Leveraged Long From 04/21/20

The debate over the shape of the recovery, "V" or "L", which might emerge following the dislocation and global contraction. What clues can we find? 1. Domestic Data clues ( The Two Easiest Dots Anyone Will Ever Have To Connect ) "Deprive any animal of oxygen and watch how it doesn't move...

Originally published on April 20, 2020 With benchmark West Texas Intermediate oil prices hovering around $22 per barrel 1 for the June contract and regional prices even lower, netbacks for producers are admittedly dismal, making the current outlook for US oil production tenuous. Headlines...

Originally published on April 20, 2020 By Bob Iaccino At a Glance WTI crude oil prices fell more than 40% after the Saudi-Russia price war, then continued falling after the production cut announcement. Even with a deal to cut oil output, the U.S. shale industry could see more ban...

Overview: Oil's wild ride has been joined by two other developments that are keeping investors off-balance. First, reports suggest that North Korea's Kim Jong-Un maybe in critical condition after surgery. He apparently was absent from last week's events celebrating his grandfather. The conce...

Originally published April 20, 2020 With oil in the midst of what could be its sharpest downturn in history, it’s not a surprise to see that gas prices at the pump have also been declining. Looking at the chart below, the national average price of gasoline has had a close correlatio...

Originally published April 20, 2020 If you've been alarmed by the headline "Oil plunges below $10/bbl," don't be. Chart #1 It's only a temporary phenomenon, brought on by the sudden collapse of oil demand (see Chart #4 in my previous post for more info). As Chart #1 shows, it's only ...

May WTI crude contracts (that expire today) crashed into negative territory for the first time ever on Monday, with markets awash in so much crude that storage space is becoming harder to find. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN...

( NOAA - Photo of Oil Spill) As of writing, crude oil front-month contracts are -$35 per barrel. This is, by far, the worst day for crude oil in history. The commodity has done the (seemingly) impossible: falling over 100% in a day. In fact, crude oil declined 260%, which makes the previo...

Pres. Trump says he will consider a proposal to prevent Saudi Arabian oil from unloading in the U.S. and that he wants to fill the Strategic Petroleum Reserve's 75M barrels of spare capacity to store crude, after U.S. front-month crude prices turned negative today . More news on: The U...

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