Latest Ecopetrol SA News and Updates
Is OPEC’s Compliance to the Production Cut Deal Declining?
A Reuters survey showed that OPEC’s crude oil production declined by 70,000 bpd to 32 MMbpd in May—compared to the previous month.
The UltraLatin America ProFund: Defeated by Its Leverage Strategy
The UltraLatin America ProFund – Class A (UBPIX) fell 13.7% in December 2015 from a month prior.
Leverage Strategy Helped UBPIX in October 2015
UBPIX fell 10.4% in November 2015 from a month prior. In the three- and six-month periods ended November 30, the fund fell 19.8% and 46.9%, respectively.
How the UltraLatin America ProFund’s Leverage Strategy Pummeled Returns in September
The UltraLatin America ProFund plummeted by 20.7% in September from August. In the three-month period ending September 30, the fund fell by 46.8%.