Bullish Crude Technicals Put Focus on Leveraged Oil ETFs

Oil derrickWith WTI crude oil futures surging past the key $50 per barrel level this morning, traders are piling into leveraged bullish oil bets on the ETF side of the markets.
NYSE:UCO October 6, 2016 9:27am

Can Leveraged Oil ETFs Continue Post-OPEC Gains?

Image of oil derrickYesterday was a banner day for leveraged bull oil funds, which posted massive gains amid news of an impending OPEC production limit. Can these ETFs continue to rise, or will the gains once again prove fleeting?
NYSE:UCO September 29, 2016 10:10am

Despite Energy Weakness, Zacks Says Buy These Four Oil Stocks

oil etfsZacks analyst Nilanjan Choudhury on Wednesday recommended a handful of oil stocks, despite crude's recent sizable pullback off of 2016 highs. Let's take a look at Choudhury's picks and examine some ETF alternatives.
NYSE:UCO July 14, 2016 7:37am

A False Rally In Oil Prices?

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",
NYSE:UCO May 2, 2016 3:21pm

Why Oil Prices Could Plunge Soon

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.

NYSE:UCO March 29, 2016 11:38am

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

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",
NYSE:UCO March 24, 2016 1:07pm

Oil Shorts Shellacked

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.
NYSE:OIL March 22, 2016 12:48pm

Playing The Oil Trend With UWTI

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.
NYSE:DWTI March 15, 2016 3:26pm

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

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.
NYSE:UCO March 10, 2016 1:44pm

How ETFs Are Propping Up Oil

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.
NYSE:DWTI March 3, 2016 5:16pm

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

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. 
NYSE:UCO December 8, 2015 1:00pm

Where Will Crude Oil Go From Here?

crudeoilWhile recent oil price movements have been extraordinary, Russ explains why crude oil should remain range bound going forward.
NYSE:UCO September 16, 2015 3:49pm

Goldman Sachs Says $20 Oil Is Very Possible

short-oil-etfTyler Durden:  We’ve long framed collapsing crude prices as a battle between the Saudis and the Fed. 
NYSE:BNO September 11, 2015 3:31pm

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

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."
NYSE:DWTI August 6, 2015 12:44pm

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