Proshares Ultra Bloomberg Crude Oil ETF News

Oil trades much higher early on Tuesday with West Texas Intermediate, WTI, up over 3.5%bbls at the time of writing after a rally from $78.39nnls that

The run in oil around the turn of the year has been impressive and speaks to structural undersupply rather than the modest surplus that OPEC has forecast. We''re awaiting the EIA STEO today, which will be the first forecasts of 2023 US production. That''s generally not a market mover but there''s not m

Watch: When it come to oil stocks, are Canadian oilsands more attractive than international equivalents?

Loonie at 79.10 U.S. cents

In this article, we discuss the 5 oil and gas stocks to buy in billionaire Steve Cohens portfolio.

West Texas Intermediate (WTI) crude oil settled lower on Monday as supply disruptions in Libya and Kazakhstan eased. Some supplies were restored in Ka

There are a few interesting names approaching buy points, most notably in the oil sector.

As we commence 2022, the prospect of a reduction of global liquidity provided by major central banks has increased volatility in the traditional equity and fixed income markets.

The number of active drilling rigs in the United States rose by 2 this week, keeping the total rig count at 588, as oil prices remain strong despite the fresh wave of Covid-19 cases brought by the new variant of the coronavirus amid several oil disruptions around the globe, including in Libya, Ecuador, and Kazahkstan. Last week''s count compared with an unchanged rig count of 586 during the previous week. Baker Hughes reported the total active rig figure was 228 rigs higher than the rig count this time in 2021. Oil-directed rigs were up

White House Blasts "Crazy" Russia-China Statements Accusing US Of ''Color Revolution'' In Kazakhstan Unlike most instances where there''s crisis or conflicts near Russia''s borders, the White House has been slow to respond to fast-moving events in Kazakhstan, only saying that it questions the "legitimacy" of the Kremlin sending troops to the country to help restore order under the Collective Security Treaty Organization (CSTO). "We are closely monitoring reports that the Collective Security Treaty Organization have dispatched its collective peacekeeping forces to Kazakhstan," press secretary Jen Psaki said . "We have questions about the nature of this request and whether it has it was a legitimate invitation or not. We dont know at this point." The day prior she had denounced as "crazy" reports out of Russian media that the US and its allies could be stoking the uprising , unrest and destruction - which has seen a presidential residence and multiple government buildings torched, and widespread looting, after dozens of deaths on both the police and protest side.

Reports coming from the Saudi Arabia-led military coalition show that an unidentified pirate cr

After strengthening last year on the back of higher oil prices and rising stock markets, economists at Nordea believe the Norwegian krone will move br

ExxonMobil (NYSE: XOM) has announced that it has discovered two oil deposits at Fangtooth-1 and Lau

The price action suggests there is enough upside momentum to extend the rally into the October 26 contract high at $80.72.