United States Short Oil ETF

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    Company & Industry Overviews

    High Oil Supply Could Negate Increasing Demand

    USCF On the global front, the IEA (International Energy Agency) shows supply and demand roughly in alignment. The agency forecasts supply and demand at 96.4/97.1 mbd through Q2 2017, an encouraging sign. The U.S. Department of Energy (DOE) has slightly different numbers for all of 2017, 97.53/97.2, with supply slightly exceeding demand. Either way, we feel the market […]

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    Company & Industry Overviews

    Why Oil Prices Are Likely to Get More Volatile

    USCF As I stated last quarter, volatility is likely to remain significant in 2017, due to the huge inventory glut, and despite positive trends, until we see real meaningful surplus declines then the price is unlikely to stabilize. That said, it seems likely that prices are unlikely to drop back to 2016 lows and certainly unlikely to […]