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Betting On The Brent ETF? Watch These Factors
Tuesday, April 19, 2016 - 1:11pm | 482Read More...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,...
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Doha Meeting Leads To No Deal; Oil Prices Plunge, But Recover
Monday, April 18, 2016 - 7:57am | 348Read More...Crude oil initially plunged lower by more than 6 percent after Sunday's gathering of OPEC and non-OPEC members failed to reach an agreement on oil exports. OPEC and several non-OPEC members met in Doha, Qatar to discuss a freeze in output levels to help boost crude prices. However, the...
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Asian, European Markets In The Red As Doha Conference Ends With No Deal
Monday, April 18, 2016 - 7:34am | 288Read More...Crude oil plummeted more than 6 percent during Asia's trading session after a meeting in Doha between OPEC and non-OPEC members failed to reach a consensus conclusion. Representatives of some of the world's largest oil exporting nations gathered in Qatar to discuss a freeze in...
