Brent

After a couple of years of dismal performances, Russia exchange-traded funds are on the mend in 2016, thanks in large part to rebounding Brent crude prices. With the United States Brent Oil Fund, LP (NYSE: BNO) up more than 41 percent over the past 90 days, the Market Vectors Russia ETF Trust (...

Among futures-based oil exchange-traded products, the United States Oil Fund LP (ETF) (NYSE: USO) gets the most attention. USO tracks front-month West Texas Intermediate futures, the U.S. benchmark oil contract. USO And BNO However, Brent futures are the global oil benchmark contract. Fortunately,...

More than a few asset classes turned in impressive performances in March. Particularly boffo were commodities and some of the corresponding exchange-traded products. While the likes of the SPDR Gold Trust (ETF) (NYSE: GLD) and the United States Oil Fund LP (ETF) (NYSE: USO) often garner the bulk of...

WTI crude oil prices have soared 37.6 percent in the past month, but the market remains divided on whether the oil rally is for real. Shares of the United States Oil Fund LP (ETF) (NYSE: USO) have only risen 28.0 percent during the past month, an indication that many investors are not convinced...

In a new report, Deutsche Bank analyst Ed Reardon discussed the impact that low oil prices are having on credit markets. Low oil prices are hurting the high-yield energy credit market, but consumer credit and aviation debt markets have benefited. Deutsche Bank is now projecting $33/bbl for Brent...

Over the past 90 days, 20 (or 80 percent) of the 25 worst performing exchange-traded products are ETFs or exchange-traded notes (ETNs) related to oil and natural gas. And of those 20 offenders, including the worst performer, nine of those products are dedicated master limited partnership ETFs or...

For more than 70 years now, Baker Hughes Incorporated (NYSE: BHI) has been publishing rotary rig counts for the United States and Canada every week. On top of this, the company has also issued a monthly international rig count for the last 40 years. The oilfield services supplier assured the rig...

Given its lengthy bear market, mounting bearish price forecasts and the "more bad news than good news" scenario facing the oil market, it might come as a surprise to some that professional investors are not heavily short the commodity. That is understandable when considering the United States Oil...

BENZINGA: We're on today with Cale Smith down in Islamorada, down in the keys. He's the manager of the Islamorada Investment Management. Cale, we've met a few times, talked several times, and you've just done something very unique. You've gone all in on oil, haven't you? Cale Smith: Yeah, we have,...

The Option Samurai sees a trading opportunity in the oil space. He recommends selling puts on oil stocks into the end of the year. He also discussed how to adjust the trade based on risk tolerance and the movement of the oil market. Benzinga recently had the chance to speak with Leav Graves,...

Citi has downgraded a handful of U.S. refiner stocks based on shrinking differentials and falling production. The firm maintains Buy ratings on several names in the space. Citi predicts a $4.50/bbl WTI/Brent differential in 2016. Earnings season for U.S. refiners is kicking off soon, and Citi...

In a new report, Credit Suisse analyst David Sneddon took a look at global markets from a technical perspective to try and determine where they are headed from here. Here are 10 charts that Sneddon discussed in the report. 1. Oil Despite the recent bounce off lows, Sneddon remains bearish on oil...

At the end of a week in which there seems to be very little cause for optimism among crude oil bulls, Dennis Gartman decided it’s finally time to go long oil. WTI crude oil prices hit six-and-a-half-year lows and shares of the United States Oil Fund LP (ETF) (NYSE: USO) hit all-time lows this...

Oil prices made a modest recovery on Tuesday morning, but a dip on Monday gave traders reason to question whether the commodity was heading for another trough in the coming weeks. Brent crude oil and WTI have both held above $50 per barrel for the last 10 years, but with production continuing to...