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Buy NRGU
$40.13
+0.99 (+2.53%)
At Close: Jun 03, 2026
Crouching Silver, Hidden Oil
08:15am, Wednesday, 22'nd Apr 2020
Today, an ounce of silver can buy a barrel and a half of oil. And silver is dirt cheap! We have no opinion whether oil can drop more, or whether it has overshot
Oil Plunge Not A Death Sentence For Stocks
04:33pm, Tuesday, 21'st Apr 2020
Investors fear another stock market crash after latest oil price plunge. Energy stock prices and junk bonds don't support this bearish outlook. New lows in the
This Is A Demand Destruction Story: Ash Bennington
02:45pm, Tuesday, 21'st Apr 2020
Oil plummeted to -$37/barrel today in an unprecedented demand shock due to the coronavirus lockdown. The Fed backstop is unlikely to be all-encompassing when it
Toilet Paper And Crude Oil - Get Those Salt Caves Ready
02:22pm, Tuesday, 21'st Apr 2020
Toilet paper is more valuable than crude oil these days. Memories of the 1980s and French salt domes. Inventories continue to grow. The rig count is dropping li
U.S. Oil Prices Go Negative, But It Sounds More Exciting Than It Really Is
01:43pm, Tuesday, 21'st Apr 2020
The fact that the U.S. oil prices have gone negative is a very technical development that diversified financial investors don't have much exposure to. Looking o
Eurodollar University's Making Sense; Episode 4: Oil, Oil, Oil
12:05pm, Tuesday, 21'st Apr 2020
Deprive any animal of oxygen and watch how it doesn't move very fast. If all goes right, worldwide policy response perfect, global trade ends up just slightly b
After Price Wars And A Pandemic, What's Next For U.S. Shale?
11:49am, Tuesday, 21'st Apr 2020
Starting October 2018, well before the spread of the novel coronavirus, the price of oil began slipping. Following the 9.7 million bpd production cut announced
Oil Drilled Below Zero, Equity Rally Stalls, Greenback Advances
11:13am, Tuesday, 21'st Apr 2020
The dollar is trading at three-day lows against the Japanese yen near JPY107.25. The claimant count in the U.K. in March edged up to 3.5% from a revised 3.4% in
Gas Prices Vs. Crude Oil
11:02am, Tuesday, 21'st Apr 2020
With oil in the midst of what could be its sharpest downturn in history, it’s not a surprise to see that gas prices at the pump have also been declining. The na
Oil Prices Actually Have Not Collapsed
10:46am, Tuesday, 21'st Apr 2020
If you've been alarmed by the headline Oil plunges below $10/bbl, don't be. It's only a temporary phenomenon, brought on by the sudden collapse of oil demand. I
June WTI crude oil plunges 40%
09:59am, Tuesday, 21'st Apr 2020
May WTI crude contracts (that expire today) crashed into negative territory for the first time ever on Monday, with markets awash in so much crude that storage space is becoming harder to find.Demand
A Deep Dive Into Crude Oil's New Black Monday
04:39am, Tuesday, 21'st Apr 2020
Crude oil's decline into deeply negative territory was triggered by the expiration of May WTI contracts. Going into Monday, there was an immense buildup of spec
Coronavirus Roundtable - Framing The Unknown (Video)
11:15am, Monday, 20'th Apr 2020
We continue our coronavirus roundtable series with Lawrence Fuller. He presents his downside target and makes the case for why, and talks about how the stimulus
Weekly Energy Recap: OPEC+ Picks Jaw Jaw Not War War
03:39pm, Sunday, 19'th Apr 2020
Global storage capacity will start to ebb after governments sought to fill their strategic reserves. US crude oil stocks recorded their largest weekly increase
WTI Weekly: Key Support Failed Early Week As A Pullback Tested Major Support
01:04pm, Sunday, 19'th Apr 2020
Buyers trapped in Sunday’s auction before a sell-side breakdown through key support developed to 22.51s. Selling interest emerged, 22s, in Tuesday’s auction as
