Decline in Oil Prices Presents Opportunities for Inverse ETF Investors
Oil prices fell today, notching their first weekly loss since mid-August, allowing for opportunities for traders to use an inverse oil ETF…
oil prices
Oil Could Push to $60 on Speculation
In “Futures In Focus,” Scott Gecas, chief market strategist at Long Leaf Trading, examines the factors that can push oil prices lower…
Higher Oil Prices Could Bring Next Recession
Talk of recession has been linked to inverting Treasury yield curves as of late and now, it appears higher oil prices are…
JPMorgan: Late Cycle Can Bring Big Gains
A recent Bloomberg article addresses the question of whether to “push the sell button on winning trades,” given that the global economy…
‘GUSH’ Oil ETF Keeps Gushing Huge Returns
Leveraging oil and gas investments the past year has proven to be a profitable strategy for Direxion Daily S&P Oil & Gas…
Oil Slides as Treasury Backs Off on Iranian Sanctions
Oil prices continued their unceremonious slide, falling to $68.32 as of 3:30 p.m. Eastern Time after Treasury Secretary Steve Mnuchin said crude…
Trump May Tap Into Emergency Oil Supply
Amid rising oil and gas prices, U.S. President Donald Trump is being forced to contemplate a move that will tap into the…
Oil ETFs Lifted by Drop in U.S. Crude Stockpiles
A combination of increased supply and expectations that OPEC would eliminate cuts in oil output placed pressure on oil prices Wednesday, but…
Oil ETFs up as Iraq Warns Saudi Arabia on Oil Production
With OPEC’s June 22 meeting on the horizon, geopolitical tensions are already weighing in as Iraq is warning Saudi Arabia that any…
Why Oil Prices Are Rising – Best ETFs to Consider
It’s costing more to fill up your gas tank these days and there’s a reason why. Rising oil prices jumped above $70…
Chevron Stock Rises on Higher Oil Prices
We have recently witnessed some of the highest oil prices history. The price of energy hasn’t reached these levels since 2014. The…