USO


Outlook for the Crude Oil Appears to Be Bearish; Here’s Why

On Tuesday, crude oil moved lower and lost 1.66% after data showed that OPEC production rose to about 34.

VelocityShares 3X Long Crude ETN (UWTI): Two Most Popular Leveraged Oil Plays and Credit Suisse

Listed trading for the two most popular leveraged oil plays will end Thursday, December 8, 2016. It will mark the largest closure of …

VelocityShares 3X Long Crude ETN (UWTI): Here’s What Oil Did the Last Time OPEC Cut Production

It finally happened. For the first time since 2008, the Organization of Petroleum Exporting Countries (OPEC) agreed to a crude oil production cut …

United States Oil Fund LP (ETF) (USO): Oil Price Frenzy – Big Opportunity or Sucker’s Bet?

By John Persinos Wall Street is giddy over the latest oil price bounce, but you should be leery. The energy market has played …

VelocityShares 3X Inverse Crude ETN (DWTI): Renewed OPEC Hopes and Month End Featured

Yesterday’s pessimism about a potential deal at today’s oil producers’ meeting in Vienna has been replaced by optimism and that crude oil around …

United States Oil Fund LP (ETF) (USO): The First Ever OPEC Production Cut Since 2008

By Tyler Durden The much anticipated headline is out and, as Bloomberg reports, OPEC has reached a deal agreeing to cut oil production …

VelocityShares 3X Long Crude ETN (UWTI): Will We See Crude Price Rally to $50?

On Friday, crude oil moved higher once again as optimism over an OPEC deal to limit production continued to weigh on investors’ sentiment. …

VelocityShares 3X Long Crude ETN (UWTI): Saudi’s Best Kept Secret In Oil?

By Nick Cunningham One of the oil world’s longest and best kept secrets may finally be revealed. Saudi Arabia is preparing to unveil …

VelocityShares 3X Inverse Crude ETN (DWTI): Oil Prices: Then, Now and 2017

By Dustin Parrett The price of a barrel of oil has dropped to $47.63  on the news OPEC members aren’t progressing toward an …

VelocityShares 3X Long Crude ETN (UWTI): Crude Oil Has Entered a Seasonal Downtrend

By Dimitri Speck Erroneous Expectations The effect of the heating season on demand is however offset by other factors, such as the use of …

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