Previous 10 | Next 10 |
( We recently published our Q2 2019 letter here updating our oil thesis , and invite readers to read it for further context ). There's been much talk about Saudi Arabia and whether it is "doing enough" to rebalance the oil market. Let's take a look at the most recent data given JODI's updat...
The International Energy Agency doesn’t expect oil prices to rise significantly because demand is slowing and there is a glut in global crude markets, Executive Director Fatih Birol told an energy conference in New Delhi. More news on: The United States Oil ETF, LP, iPath S&P ...
Over the last month, the triple levered United States Oil Fund (USOU) has crushed it with an astronomic 23% return…and this return even includes a 17% loss this week. In other words, USOU is in play right now due to various factors at work in the crude oil markets as well as the instrum...
Commodities were on mostly sound footing in the first half of 2019. The S&P GSCI returned more than 13 percent as of June 30, one of the best first six months in recent memory. It was not without its challenges, though. In a repeat of last year, crude oil was the top-performing commodity...
As the clouds of weak global economic growth started to shroud oil markets, the U.S. - Iran rivalry prevented oil prices from falling further. I opined in one of my articles that we will likely see $40 oil very soon, but after a few days, two tankers were attacked in the Gulf of Oman, lead...
Crude prices are steadying as U.S. oil companies begin restoring some of the nearly 74% of production that was shut in the Gulf of Mexico ahead of Hurricane Barry. More news on: Anadarko Petroleum Corporation, BHP Group, Chevron Corporation, Energy stocks news, News on ETFs, Top stock ma...
Right now, the oil industry is facing a significant degree of volatility, with fears from investors and market watchers alike centering around the prospect of weakening demand and a continued increase in the US output. In its latest Short-Term Energy Outlook report, the EIA (Energy Informati...
An oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France, October 6, 2017. (REUTERS) The EIA forecast US oil production to average 12.36 million bpd in 2019, up about 40,000 bpd from last month's forecast, and 13.26 million bpd in 2020. OPEC kept its modest global oi...
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. This expectation did not play out as buying interest emerged early week within balance above last wee...
News, Short Squeeze, Breakout and More Instantly...
United States 3x Oil Fund Company Name:
USOU 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. , 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...