United States Gasoline Fund LP Blog | Talkmarkets | Page 1
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This Oil Rally Could Have Much Further To Go
Article By: Frank Holmes
Wednesday, May 16, 2018 1:07 PM EDT
For more than a week now, West Texas Intermediate (WTI) crude oil has been trading north of $70 per barrel, a level we haven’t seen since November 2014. Gas prices are likewise trending up, as I’m sure you’ve noticed.
In this article: OIL, UGA
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WTI/RBOB Bounce After Crude Draw Despite New Record Production
Article By: Tyler Durden
Wednesday, May 16, 2018 11:07 AM EDT
WTI/RBOB prices traded lower since last night's API-reported surprise crude draw but a 1.404mm draw (and bid gasoline draw) reported by DOE prompted a buying knee-jerk in prices. Production continued to rise to a new record high.
In this article: BNO, OIL, UGA
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Oil And Gasoline Spike While Trump Does "Deal Making"
Article By: EconMatters
Tuesday, May 15, 2018 1:55 PM EDT
Iran is a member of OPEC and one of the top 5 oil producing countries in the world. U.S. benchmark WTI oil price hit above $70 for the first time since 2014, while Brent currently sits around $78.
In this article: BNO, OIL, UGA
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Rockets’ Red Glare
Article By: Phil Flynn
Thursday, May 10, 2018 8:19 AM EDT
Oil has taken off like a rocket as Israel strikes Iranian targets in Syria in response to rocket fire overnight.
In this article: OIL, UGA
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WTI Tops $71 After Surprise Crude Draw, Production Spikes
Article By: Tyler Durden
Wednesday, May 9, 2018 10:50 AM EDT
WTI/RBOB extended gains overnight (WTI at 3.5yr highs) following Trump's Iran decision and a surprise crude draw reported by API, and DOE data confirmed the draw (even larger) along with gasoline and distillate draws.
In this article: OIL, UGA
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