Posts Tagged ‘NYSEARCA:UWTI’

OPEC Forecasts Oil As Low As $40 For Next Decade

May 11th, 2015

OPECTyler Durden:  Whether it is more posturing ahead of OPEC’s June meeting is unclear but the message from ‘sources’, according to The Wall Street Journal is ”OPEC won’t agree to go lower,” with regard global market share(which has fallen from more than 50-% to just 32% currently). Read more…


Peak Oil Optimism

May 6th, 2015

oil etfsTyler Durden: Speculative bets on rising Brent crude oil prices reached a new record last week but under the surface futures and options market positioning among managed money accounts is flashing a very red warning signal. Read more…


WTI Spikes Above $55 After Crude Inventories Rise At Slowest Pace In 14 Weeks

April 15th, 2015

oil etfsTyler Durden: For the 14th week in a row, US crude inventories rose; but against expectations of a 3.5mm build (and weak API overnight), DOE printed a mere 1.294mm bbl build - the lowest since the build streak began on the first week of January. Read more…


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