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Buy OILK
$56.01
-1.09 (-1.91%)
At Close: Jun 04, 2026
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
Commodities And COVID-19: Supply-Demand Thrown Off-Kilter
02:44pm, Tuesday, 21'st Apr 2020
In fact, it's probably the sharpest demand collapse we've ever seen, in history. So, all commodities all of a sudden, with a lot of other asset classes, decline
Negative Oil: Let's Double The Strategic Petroleum Reserve
02:41pm, Tuesday, 21'st Apr 2020
May WTI plunges to deep negative territory on Monday. Main problem currently is lack of demand. Larger SPR would give US more leverage in future.
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
Commodity Prices Reflect World Problems: With Oil Price Dropping Below Zero
01:38pm, Tuesday, 21'st Apr 2020
Over the past three months, commodity prices have plummeted worldwide, with oil prices leading the drop, even falling below zero, something never done before. T
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
Trump would look to add 75M barrels of oil to Strategic Petroleum Reserve
02:40am, Tuesday, 21'st Apr 2020
Pres. Trump says he will consider a proposal to prevent Saudi Arabian oil from unloading in the U.S. and that he wants to fill the Strategic Petroleum Reserve's 75M barrels of spare capacity to store
May WTI Contracts Settle In The Negative And What It Means For Oil Prices Going Forward
11:06pm, Monday, 20'th Apr 2020
May WTI settling in the negative doesn't really mean anything for the global oil markets. WTI is landlocked and settles in Cushing. If Cushing storage is gettin
