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Ipath Pure Beta Crude Oil ETN (NY: OIL )

34.91 +0.61 (+1.78%)
Official Closing Price Updated: 8:00 PM EDT, Jul 1, 2022 Add to My Watchlist
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Headline News about Ipath Pure Beta Crude Oil ETN

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A Major Top In Commodities
The major top in commodities now underway offers a unique and simple investment strategy to make money in the current bear market. 
Via Talk Markets
Market Talk - Friday, July 1
A recession is brewing. At least that is what the latest measurement from the Atlanta Federal Reserve is indicating. 
Via Talk Markets
Stocks Nab Weekly Losses Despite Friday Sprint Higher
Stocks pivoted higher on Friday, as traders snapped out of the pessimism that assailed Wall Street for the first six months of the year. 
Via Talk Markets
The Week Ahead – US Dollar Rallies
The US dollar rises back ahead of nonfarm payrolls. The ECB is expected to jump on the bandwagon and raise its interest rates this month. 
Via Talk Markets
Oil Prices Rise After Falling 3%
Oil prices rose slightly in early trade on Friday after falling the previous session as OPEC+ stated it would stick to its planned oil output increases in August, and investors fretted about the global... 
Via Talk Markets
Oil’s Failed Breakouts
Oil is the last man standing, and as it falls, all assets are going to come along for the ride. 
Via Talk Markets
Turning The Screws
S&P 500 duly paused yesterday but the outlook remains as bearish as before. 
Via Talk Markets
Recession Fears Mount
The Canadian dollar recovered yesterday but it is giving it back today amid the risk-off mood spurred by recession fears. 
Via Talk Markets
The US Inflation Is Showing Signs Of Slowing
The inflation rate, which the Federal Reserve closely monitors, was 6.3% in May, unchanged from April's level. 
Via Talk Markets
Crude Oil Price Eyes Monthly Low as OPEC Retains Adjusted Output Schedule
The price of oil approaches the monthly low as the Organization of Petroleum Exporting Countries (OPEC) retain the upward adjustment in their production schedule. 
Via Talk Markets
Weekly Gasoline Prices: Regular and Premium Inch Down
As of June 27, the price of Regular and Premium were down 9 and 7 cents each, respectively, from the previous week. 
Via Talk Markets
Market Talk - Thursday, June 30
Another inflation measure favored by the Fed rose in May, according to the Commerce Department. 
Via Talk Markets
Stocks in Disarray Six Months Into 2022
The end of the first half and second quarter of 2022 delivered another death blow to Wall Street. 
Via Talk Markets
Stocks, Cryptos Tumble To Close Out Catastrophic First-Half
Bitcoin is on track for its worst quarter in more than a decade, as more hawkish central banks and a string of high-profile crypto blowups hammer sentiment. 
Via Talk Markets
Stocks Hit As Central Banks Brandish Anti-Inflation Efforts
Central banks are committed to combatting inflation even as the economies weaken. This is taking a toll on investor sentiment and is dragging down equities. 
Via Talk Markets
According To Central Bankers, The Era Of Ultra-Low Inflation Will Not Return Soon
European Central Bank President Christine Lagarde said that the era of ultra-low inflation that preceded the pandemic is unlikely to return. 
Via Talk Markets
Liberal Energy Policies Remain Good For Investors
For now, it seems meeting demand growth for traditional energy will drive prices higher. There’s little sign of demand destruction at current levels, and China is still enduring partial lockdowns. 
Via Talk Markets
U.S. Emergency Oil Reserves Tumble To Record Low 27 Days Worth Of Supply
The plummeting SPR is not having the impact on prices that President Biden hoped. 
Via Talk Markets
Market Talk - Wednesday, June 29
Britain’s economy is struggling under the strain of two major risks in the form of double-digit inflation and a possible recession, leaving the Bank of England in a dilemma about how much further it... 
Via Talk Markets
Dow Edges Higher Despite Contracting Economy
The Dow retained its afternoon gains on Wednesday, adding 82 points, though Wall Street is still heading for the worst first half of the year since 1970. 
Via Talk Markets
White House Is Quietly Modeling For $200 Oil "Shock"
Cushing inventories dropped to just 1 million away from operational bottoms at roughly 20MM barrels. This means that the US is officially looking at tank bottoms. 
Via Talk Markets
Rebounding Crude Oil Gets Far Away From The Bearish Side
Demand for crude oil is accelerating, a bullish sign for its prices. What may the current energy market environment say about the black gold’s outlook? 
Via Talk Markets
More Fresh Profits
S&P 500 decisively turned around and declined powerfully. The short entry was well placed, and open profits are likely to grow still before the bottom is reached. 
Via Talk Markets
Investors Once Again Fear A Recession In The Economy
Yesterday, US stock indexes saw a massive sell-off as gloomy consumer confidence data once again dampened investor optimism and heightened fears that the Federal Reserve's aggressive fight against... 
Via Talk Markets
Chart Of The Week - Heavy Metal Omen For Energy Prices
Energy commodity prices have pulled back from the highs, but it could just be the start of a deeper correction if the price action in industrial metal commodities is anything to go by. 
Via Talk Markets
Euro Scopes ECB Forum As Risk Appetite Takes A Hit. Where To For EUR/USD?
EUR/USD appears range-bound for now and it’s possible that commentary from today's ECB forum could spark some volatility. 
Via Talk Markets
U.S. Oil Refinery Utilization At Near-Peak Levels
As the refining system is running at near-peak levels, it appears that the energy sector will be limited in its ability to increase refining capacity. 
Via Talk Markets
WTI Extends Gains After Unexpected Crude Draw
The tight supply situation in oil (especially European) is revealing itself in the WTI-Brent spread, growing to $6.19, the widest in almost three months. 
Via Talk Markets
Market Talk - Tuesday, June 28
China’s Premier Li Keqiang said that China’s economy has recovered to some extent, but its foundation is not solid. 
Via Talk Markets
Dow Sheds 491 Points Amid Comeback Rally Fakeout
The Dow settled 491 points lower, despite being up over 440 points at its session highs. 
Via Talk Markets
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