$40.13
+0.99 (+2.53%)
At Close: Jun 03, 2026
The Daily Dose: 'It Could Have Been Much Worse'
11:11am, Tuesday, 23'rd Jun 2020
Crude oil prices were supported by a tailwind from Bank of America, which upgraded its forecast for Brent by more than $5 per barrel. The WTO said initial estim
OPEC: Putting The Data In Perspective
06:11pm, Sunday, 21'st Jun 2020
OPEC released fresh production numbers for the group for the month of May and new estimates on the global picture for crude. The cuts instituted by the group ar
Weekly Energy Recap: Fears Of Second Pandemic Wave Move Crude Market
03:01am, Sunday, 21'st Jun 2020
Oil recovery came on the heels of the first weekly decline in six weeks. Monthly reports of IEA and OPEC show OECD commercial oil stocks at historical highs abo
Canadian Pipelines: Moving Ahead Or More Headwinds To Come
03:51am, Friday, 19'th Jun 2020
The initial excitement for the Keystone XL pipeline has worn off during the US election year. The imbalance between production and pipeline volumes is what's ca
OPEC May 2020 Oil Production
01:20am, Friday, 19'th Jun 2020
OPEC crude only production was down 6,300,000 barrels per day in May. Iraq finally cut by 330,000 barrels per day but this is still way below what they were exp
Large Increase In Crude Oil Flows From USA To China While Korean Imports Fell Sharply
07:52am, Thursday, 18'th Jun 2020
China's imports of US crude oil are expected to hit record-high levels in July with cargoes shipped in May having surpassed 550,000 b/d. Flows from the USA to S
Leveraged ETFs That Have Gained More Than 80% at Halfway Q2
03:15pm, Wednesday, 20'th May 2020
After a brutal first quarter, U.S. stocks strongly rebounded on an unprecedented fiscal and monetary stimulus, progress in the development of a coronavirus vaccine or treatment as well as optimism ove
6 Leveraged ETFs Up At Least 25% Last Week
02:27pm, Monday, 11'th May 2020
Oil, tech and biotech caused a rally in the leveraged ETF space last week.
USO, UCO, LABU and ITB among weekly ETF movers
09:13pm, Friday, 01'st May 2020
Gainers: Direxion Homebuild & Suppliers Bull 3X (NYSEARCA:NAIL) +32.00%.Direxion S&P Biotech Bear 3X (NYSEARCA:LABD) +19.7%.Latin America Bull 3X Direxion (NYSEARCA:LBJ) +18.7%.Microsectors U.
Leveraged ETFs That More Than Doubled in April
03:20pm, Friday, 01'st May 2020
U.S. stocks came back roaring in April buoyed by unprecedented fiscal and monetary stimulus, progress in the development of a coronavirus vaccine or treatment as well as optimism over the reopening of
ERX And Others Trim Exposure- NRGU And NRGD Are Still Triple Leveraged Products
12:29pm, Friday, 01'st May 2020
Leverage in a highly volatile environment presents lots of challenges. ERX, ERY, GUSH, and DRIP go from triple to double leveraged products. NRGU and NRGD conti
Outlook For Energy Unchanged
10:08am, Thursday, 30'th Apr 2020
Oil producers likely underestimated the effects of the demand crunch happening at the same time as their supply bids. While agreements to cut oil production may
Crude up 16% as Norway adds to global supply cuts
10:06am, Thursday, 30'th Apr 2020
Western Europe's biggest oil producer, Norway, is voluntarily joining international efforts to cut supply for the first time in almost two decades."We will cut production by 250K barrels per day i
Oil: Global Crude Storage Builds In April Are Nowhere Near Analyst Estimates
12:56am, Wednesday, 29'th Apr 2020
Global crude storage onshore and on water has only built 260 million bbls MTD. This is an implied surplus of ~10 to ~11 mb/d, or less than half of the estimated
Crude off another 20% in overnight action
08:53am, Tuesday, 28'th Apr 2020
Carl Icahn says we won't see crude prices in negative territory again, but it is sure looking more likely by the day.WTI plunged 25% on Monday, slumped another 20% overnight to $10/bbl, and there is s
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