PowerShares DB Crude Oil Double Shrt ETN
OPEC Mania Is Back: Will Crude Oil Soar?
US crude oil rose on November 18 due to the market’s belief that OPEC (Organization of the Petroleum Exporting Countries) members might cut their output.
Will API Inventory Data Impact Energy Stocks?
Today, the API plans to release its oil inventory data for the week ended August 30. Gasoline inventories are expected to fall by 1.8 MMbbls.
Surprise Build in US Crude Oil Inventories Helps Crude Oil Bears
Crude oil inventories rose by 856,000 barrels to 457.3 MMbbls (million barrels) on October 13–20, 2017. The inventories are near a three-week high.