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Many products that have futures contracts also have Exchange Traded Funds that attempt to approximate the performance of the underlying product. In the case of West Texas Intermediate oil, the ETF...
Vladimir Putin's invasion of Ukraine threw a spark into the powder keg of the global oil market. The incursion sent oil prices barreling towards new record highs. And without a relatively quick...
The oil glut created from COVID-19 outbreaks has been erased, and global oil inventories have fallen to the low end of their historical range. Oil supply growth remains impaired due to capital...
The recent positive news on the vaccine front as reported by Pfizer (NYSE:PFE), BioNTech (NASDAQ:BNTX) and Moderna (NASDAQ:MRNA) has brought cheer to several sectors including energy, travel and...
Oil prices have been on a wild ride in 2020. After reaching historic lows in April, the commodity attracted widespread attention from investors. Most recently, United States Oil Fund (NYSE:USO) has...
OPEC+’s latest shenanigans expose the severe identity crisis facing the group, and this has consequences for the market. For several days, OPEC+ flirted with moving up the date of its June...
China has started calling Donald Trump’s bluff on trade threats, but the measured response by the commodity markets concerned shows that investors are playing it sensibly instead of swallowing the...
Stocks have been climbing on the hope of a V-shaped recovery amid the promise of infinite QE, even as the Fed itself said that wouldn’t be enough Treasurys advanced Friday, together with...
It’s been almost seven weeks since the so-called “historic” OPEC+ production cut deal, and OPEC+ is gearing up for another meeting on June 9 and 10. On April 12, OPEC+ members agreed...
Natural gas’ hide-and-seek game with $2 summer pricing will likely continue for a while as LNG exports remain its Achilles heel.As the 50 U.S. states progress with their reopening from COVID-19...
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