Previous 10 | Next 10 |
It is so easy to buy highs and sell lows in markets across all asset classes. After all, markets look great when prices are moving higher and terrible during selloffs. Everyone loves a bull market, and most people want to bail out at the first sign of trouble. Blow off tops and bottoms in mark...
If you've been watching the crude markets this week, it's been pretty volatile with the front month contract moving within a $5 per barrel range. On Friday, President Trump and China progressed the trade war hostilities resulting in an immediate sell-off in crude oil. If you can take a step ba...
Crude oil futures settled lower but off their worst levels of the day, as U.S. WTI ended -2.1% to $54.17/bbl with Brent -1% to $59.34/bbl, after China said it would impose tariffs on $75B worth of additional U.S. products including crude imports. More news on: The United States Oil ...
The spring and summer seasons are the time of the year when drivers in the United States put the most mileage on their automobiles. The peak season for gasoline tends to run from May through September each year, because of the weather and vacations. In the futures market, the price of gasoline...
Going long on energy stocks is a unique way to hedge against the broader market if you think a correction or recession is on the way, DataTrek Research co-founder Nick Colas told viewers of Real Vision’s Trade Ideas. As recently as five years ago, energy stocks were 10% of the ...
Welcome to the tighter is better edition of Oil Markets Daily! As we've highlighted in the past, one of the many consequences of much tighter US crude storage fundamentals going forward will be first reflected in physical spreads and different crude qualities. With Alberta announcing a p...
Investment thesis Since our last take on the Invesco DB Oil ETF ( DBO ), our constructive view has not materialized, as increasing geopolitical tensions in the Middle East were offset by mounting trade tensions between China and the U.S. In this context and given the risk-off environme...
Continuing our weekly series, Open Insights, we’ll take a look at the EIA’s Weekly Petroleum Status Report (“WPSR”) for the week of August 16, 2019. EIA reported a crude draw of 2.7 million barrels for the week, as net imports fell off given higher exports and low...
Brent crude remained below the $60 per barrel barrier but made a slight rebound over the week to finish at $58.64 per barrel. WTI also achieved a slight weekly rise to $54.87 per barrel. Global financial markets wobbled, with traders and speculators looking to cash out amid fears of a loomin...
Welcome to the whipping boy edition of Oil Market Fundamentals! Oil prices have been the go-to whipping boy for macro headline trades. Trade war? Sell-off. Bullish storage draws? Ignored. Over the last 2-weeks, we've seen EIA report builds in US crude storage, but most of that is from ...
News, Short Squeeze, Breakout and More Instantly...
United States 3x Short Oil Fund Company Name:
USOD Stock Symbol:
NYSE Market:
WALNUT CREEK, Calif. , Nov. 20, 2019 /PRNewswire/ -- United States Commodity Funds LLC (the "Company"), a sponsor of exchange-traded products, plans to close and liquidate two of its exchange-traded products. On November 20, 2019 , the Board of Directors of the Company authori...
WALNUT CREEK, Calif. , Sept. 23, 2019 /PRNewswire/ -- USCF announced today that it will execute a one-for-two reverse share split that will be effective for shareholders of the United States 3x Short Oil Fund (USOD), a series of the USCF Funds Trust, after the close of the markets ...
WALNUT CREEK, Calif. , Aug. 6, 2019 /PRNewswire/ -- USCF today announced that it has joined the Raymond James IAD ETF No-Transaction-Fee (NTF) platform providing access to all thirteen of their exchange-traded funds and products. "We are excited to expand our suite of fun...