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Archive for the ‘NYSE:UCO’ Category

Oil Prices Plunge, is the Bull Market Over?

July 13th, 2016

oil600X300Erwin Cifuentes: The latest American Petroleum Institute (API) report on Tuesday showed crude oil supplies rose to their highest point in ten weeks despite expectations of a 3 million barrel draw. Read more…

NYSE:UCO, NYSE:USO

A False Rally In Oil Prices?

May 2nd, 2016

crudeoilTyler Durden:  One week ago when Morgan Stanley was lamenting the relentless buying by algos (or as he called them “macros” and saying “forgive the macros – they know not what they do”) who have taken over the function of setting the price of oil despite “increasingly bearish fundamentals”, Read more…

NYSE:UCO, NYSE:USO

Why Oil Prices Could Plunge Soon

March 29th, 2016

crudeoilTyler Durden:   ”Energy needs lower prices to maintain financial stress to finish the re-balancing process; otherwise, an oil price rally will prove self-defeating as it did last spring,” Goldman’s Jeffrey Currie recently wrote, on the outlook for crude going forward. Read more…

NYSE:UCO, NYSE:USO

Why Oil Prices Are About To Plunge Again: 31 Million Barrels In Floating Storage Are Coming On Shore

March 24th, 2016

crudeoilTyler Durden:  One week ago, we wrote that as a result of the collapsing crude contango, oil tankers (such as the fully loaded Distya Akula which has been on anchor in the Suez Canal for one month unable to find a buyer for its cargo so it continues to wait) “will soon have to unload their cargo”, Read more…

NYSE:UCO, NYSE:USO

Oil Shorts Shellacked

March 22nd, 2016

crudeoilJon Markman:  The price of West Texas Intermediate crude oil jumped above $40 last week for the first time this year. Since bottoming in mid-February, crude is up 58% trough to peak. Read more…

NYSE:OIL, NYSE:UCO, NYSE:USO

Playing The Oil Trend With UWTI

March 15th, 2016

crudeoilJacob Hess:  The best way to cash in on a trend in crude oil is not by buying and selling the contracts but watching ETFs that track their prices. Over the past two years, these exchange traded funds have become very popular as oil prices plunged to sub-$30 levels. Read more…

NYSE:DWTI, NYSE:UCO, NYSE:USO, NYSE:UWTI

The Curious Case Of The 550 Million Missing Barrels Of Crude Oil

March 10th, 2016

crudeoilTyler Durden:  Even as US crude oil inventories just hit a fresh record high for another week, both in Cushing and across all other regions, a more curious accumulation of excess oil inventory has emerged: according to the IEA, global oil production exceeded consumption by just over 1 billion barrels in 2014 and 2015. Read more…

NYSE:UCO, NYSE:USO

How ETFs Are Propping Up Oil

March 3rd, 2016

crudeoilShort positions in oil exchange-traded funds surged to stunningly extreme record levels (up 300% in a month) in January as crude oil plummeted. Since January 20th, however, things have changed rapidly as a massive short-squeeze began. Read more…

NYSE:DWTI, NYSE:UCO, NYSE:USO, NYSE:UWTI

Guess What Happened The Last Time The Price Of Oil Plunged Below $38 Dollars A Barrel?

December 8th, 2015

short-oil-etfOn Monday, the price of U.S. oil dropped below 38 dollars a barrel for the first time in six years.  The last time the price of oil was this low, the global financial system was melting down and the U.S. economy was experiencing the worst recession that it had seen since the Great Depression of the 1930s.  Read more…

NYSE:UCO, NYSE:USO

Why The Party Is Over For Tight Oil

September 21st, 2015

crudeoilArthur Berman: The party is over for tight oil. Read more…

NYSE:DWTI, NYSE:UCO, NYSE:USO, NYSE:UWTI

Where Will Crude Oil Go From Here?

September 16th, 2015

crudeoilWhile recent oil price movements have been extraordinary, Russ explains why crude oil should remain range bound going forward. Read more…

NYSE:UCO, NYSE:USO

Goldman Sachs Says $20 Oil Is Very Possible

September 11th, 2015

short-oil-etfTyler Durden:  We’ve long framed collapsing crude prices as a battle between the Saudis and the Fed.  Read more…

NYSE:BNO, NYSE:UCO, NYSE:USO

Crude Carnage Continues As Goldman Warns “Storage Is Running Out”

August 6th, 2015

crudeoilTyler Durden: WTI Crude is back below $45 again this morning – pressing towards 2015 and cycle lows -after Goldman Sachs’ Jeffrey Currie warns ’lower for longer’ is here to stay, with price risk ”substantially skewed to the downside.” Read more…

NYSE:DWTI, NYSE:UCO, NYSE:USO, NYSE:UWTI

What Lies Ahead For Oil ETFs?

August 4th, 2015

oil etfsSweta Killa:   After smooth trading in May and June, oil resumed its decline and trapped in the nastiest downward spiral in July joining the broader selloff in commodities amid growing global glut and the China slowdown. In fact, U.S. crude oil lost nearly Read more…

NYSE:DWTI, NYSE:OIL, NYSE:UCO, NYSE:USO, NYSE:UWTI

The Best Oil ETF To Buy Right Now

June 25th, 2015

oil etfsAlex McGuire: With oil prices ready to continue their rebound, investors are on the hunt for the best oil ETF to invest in now. Read more…

NYSE:EMLP, NYSE:UCO, NYSE:USO




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