UCO


VelocityShares 3X Long Crude ETN (UWTI): Where Will Crude Oil Head Next?

On Friday, crude oil gained 0.43% after Russia renewed its commitment to joining a producers’ output freeze.

United States Oil Fund LP (ETF) (USO): OPEC Production Cut – Just Another Saudi Head Fake?

By Kurt Cobb What do you do when everyone is bugging you to do something, but you don’t want to do it? The …

ProShares Ultra DJ-UBS Crude Oil (UCO): OPEC Production Hits New Record and Nobody Wants to Cut First

By Tyler Durden Following latest IEA report which showed that OPEC production had hit an all time high, OPEC released its own estimate of production by …

United States Oil Fund LP (ETF) (USO): For How Long Can OPEC Talk Up Oil Prices?

By Julianne Geiger Not a day passes without OPEC making oil and gas headlines, and today is surely no exception. Seemingly in lockstep with …

United States Oil Fund LP (ETF) (USO): Could Oil Prices Surge Higher Again?

By Sara Nunnally Saudi Arabia has reclaimed its spot as the top oil producer, besting the United States with 12.58 million barrels of oil …

Global Energy Investment Down 8% in 2015 with Move Towards Cleaner Energy

A new IEA report shows the electricity sector leading a broad reorientation of energy investment but warns more is needed to meet climate targets and address energy security concerns

United States Oil Fund LP (ETF) (USO): More Bad Economic News From The Oil Patch

By Jeffrey P. Snider, At the end of August, the US Energy Information Administration reported that it had been overstating domestic demand for …

OPEC Is Danger Zone as Arab Spring 2.0 Is Coming

By Dr. Kent Moores For years my “day job” was being a university professor in political science and international economics.

Saudis Ramping Up Oil Production To Gain Leverage In OPEC Talks

By Tsvetana Paraskova Saudi Arabia suggests it may be increasing its August crude output to a new all-time high as it could give …

Petroleum And Oil Inventories Continue Record Run

Refiners are playing games with refinery runs to make gasoline appear in less of a glut situation year over year. Gasoline inventories are …

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