A disjointed US energy policy is restraining US oil and gas output that should be much higher than it is. Ill-advised releases from the strategic petroleum reserves, laughable...
Property crisis weighs again on market sentiment in top oil buyer China Fed speakers, including Chair Powell, on higher-for-longer rates messaging Russian fuel export ban puts...
Crude Oil is on track to record its 11th weekly gain in the past 13 weeks as Morgan Stanley hiked the price forecast for 2023 and 2024. Oil prices continued to advance on...
Oil prices fought off the irrational Fed-inspired pessimism most commodity prices suffered after Russia yielded its energy weapon by banning exports of diesel and gasoline in a...
As Brent crude edges closer to the symbolic threshold of $100 per barrel, nations and industries worldwide are bracing for the impact. The surge to nearly $95 this week marks a...
The Canadian dollar reversed course to the upside a week and a half ago, and its strength is gaining momentum on the back of both a fresh wave of demand for commodities and robust...
Oil prices have been rising to multi-month highs recently on tightening supply and recent production cuts by Saudi Arabia and Russia. As a result, Chevron (NYSE:CVX) CEO expects...
Top base metal remains super sensitive to gyrations in China’s property market Copper needs weekly close above $4/lb to sustain a breakout, charts show Slide below $3.70 could...
Bullish tone dissipated last Friday, 15 September ex-post Arm’s IPO spectacularly first-day positive performance as the Nasdaq 100 had a weekly close below the 50-day moving...
Russia and Saudi Arabia recently announced that oil supply cuts will be extended until the end of 2023. The two countries will cut supply by 300,000 and 1 million barrels per day,...
We should tap our reserves and sell our oil to china that will work!!
0
what is the inverse of UCO?
0
SCO
0
"U.S. bill pressuring OPEC+ after oil production cut gains momentum"
https://www.investing.com/news/commodities-news/republican-us-senator-seeks-to-put-bill-pressuring-opec-onto-defense-bill-2906780
1
WTI Trading Range $76-$88/BBL Oct/Nov '22. Heading Down before Up
3
At the President’s direction, the Department of Energy will deliver another 10 million barrels from the Strategic Petroleum Reserve to the market next month, continuing the historic releases the President ordered in March. The President will continue to direct SPR releases as appropriate to protect American consumers and promote energy security, and he is directing the Secretary of Energy to explore any additional responsible actions to continue increasing domestic production in the immediate term.The President is also calling on U.S. energy companies to keep bringing pump prices down by closing the historically large gap between wholesale and retail gas prices — so that American consumers are paying less at the pump.
3
UCO $33.81 +2.53%
1
buy you flz .. oil has bottomed for the year. never wrong.
0
buy u sleeping flz.. never wrong
0
nobody here
0
Can anyone explain what happenedon May 26..? Why did it drop from 170 to 40
so what should you do with them? hold dump? I never expected that to happen.
0
Jarin Lovenduski... if your bull target upon entry was WTI $120/barrel, then you might sell at least 1/2 of your UCO, book some profit, then bring a stop up to break even on the rest. Always have a target and stop determined prior to entering trade.