NYSE:UWTI Archives - ETF Daily News

VelocityShares Re-Launches Two Triple Leveraged Oil Funds To Replace Delisted Ones

In a shocking turn of events, VelocityShares has responded to trader outrage over its closure of two popular triple leveraged oil ETNs by essentially re-launching them under slightly different tickers.

NYSE:DWTI December 9, 2016 7:35am

UWTI And DWTI Will Be Delisted Today, Here’s What You Need To Know

Two highly popular triple leveraged oil ETPs will be delisted today, perhaps marking the beginning of the end for a whole slew of similar products that have drawn criticism from regulators.

NYSE:DWTI December 8, 2016 8:00am

A New Triple Leveraged Oil ETF Is Coming Soon

Many traders were understandably disappointed when Credit Suisse unexpectedly announced they would shutter their two triple leveraged oil funds next month, but another issuer is wasting no time in stepping up to provide an alternative.

NYSE:UWTI November 30, 2016 5:23pm

Leveraged Oil Plays Explode Higher As OPEC Deal Appears Imminent

Leveraged bull oil ETFs surged in early trading Wednesday as headlines around the world indicated that OPEC oil ministers are unanimously in favor of a production cut.

NYSE:UCO

Two Popular Leveraged Oil ETFs Are Shutting Down Next Month

Traders looking to place high-stakes bets on oil prices will have two less tools are their disposal next month, when two popular VelocityShares ETNs are delisted.

NYSE:DWTI November 16, 2016 5:29pm

OPEC Cut In Question As October Production Surges

Oil prices were plunging once again on Friday morning, as news of much higher OPEC oil production in October cast doubts over the prospects of a coordinated production cut this month.

NYSE:UCO November 11, 2016 10:12am

Bullish Crude Technicals Put Focus on Leveraged Oil ETFs

With 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

Here’s Why Oil Could Still Disappoint, Regardless of OPEC Deal

Analyst JR Crooks, III delves into OPEC’s recent production limit, and what it actually means for energy investors.

NYSE:UWTI October 4, 2016 6:25am

A Deeper Look at the Red-Hot Crude Oil ETF Space

It is hard not to notice the phenomenal up move that crude oil futures have had in the past 36 hours, with the largest tracker, USO, rallying nearly 9% since yesterday.

NYSE:UWTI September 29, 2016 2:16pm

Can Leveraged Oil ETFs Continue Post-OPEC Gains?

Yesterday 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

Leveraged Oil Fund Surges Up to 18% as OPEC Agrees to Limit Production

The VelocityShares 3x Long Crude Oil ETN (NYSE:UWTI) shot higher this afternoon on strong trading volume, after oil cartel OPEC reportedly agreed to limit crude oil production.

NYSE:UWTI September 28, 2016 2:56pm

Oil ETFs are Plunging Again Today, as Crude Prices Retreat

The United States Oil Fund LP ETF (NYSE:USO) is falling another nearly 2% this morning, as crude oil prices continue their now two-week pullback.

NYSE:USO September 1, 2016 10:06am

Here’s Why the UWTI is Hitting Weekly Lows Today

The VelocityShares 3x Long Crude Oil ETN (NYSE:UWTI) had bounced strongly off its recent lows amid an oil price recovery, but today the triple leveraged bull play is hitting weekly lows.

NYSE:UWTI August 22, 2016 8:28am

How Much Money Have Millennials Lost in Leveraged Oil Trades?

According to recent TD Ameritrade data compiled by Bloomberg, the world’s youngest age cohort has been pouring money into a leveraged oil ETN — right into the teeth of a massive oil price decline.

NYSE:UWTI August 4, 2016 8:44am

Playing The Oil Trend With UWTI

NYSEARCA:USO, NYSEARCA:OIL, NYSEARCA:UWTI, NYSEARCA:DWTI, NYSEARCA:UCO