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iPath Series B S&P GSCI Crude Oil
(NY:
OIL
)
N/A
UNCHANGED
Last Price
Updated: 8:00 PM EDT, Jun 8, 2023
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All News about iPath Series B S&P GSCI Crude Oil
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Dow Drops 241 Points To Kick Off 2nd Quarter
April 01, 2024
Fresh off a stellar first quarter on Wall Street, the Dow finished the day with a steep triple-digit drop.
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Talk Markets
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Stocks
Exposures
US Equities
Crude Oil Forecast: Bullish Trends in Focus
April 01, 2024
It looks like a break above the $83 level opens up the possibility of a move to $85 above, possibly even higher than that. Short-term pullback should continue to be buying opportunities.
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Exposures
Fossil Fuels
Oil Rises Ahead Of This Week's Opec+ Meeting. Inflation Is Rising In Indonesia
April 01, 2024
At the end of last trading week, the Dow Jones Index (US30) was up 0.08%, while the S&P 500 Index (US500) was up 0.23%. The NASDAQ Technology Index (US100) closed negative 0.05%.
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April 2024 Monthly
March 30, 2024
The macroeconomic and geopolitical developments have not changed substantially over the past month. The resilience of the US economy allows the Federal Reserve to put more emphasis on achieving price...
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Economy
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Economy
Interest Rates
Oil Bulls’ Failure And Its Implications
March 27, 2024
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Where I See Pockets of Green
March 29, 2024
As a group, the “magnificent seven”—Meta, Tesla, Amazon, Nvidia, Apple, Microsoft, and Alphabet—returned 107% in 2023. That is remarkable by any measure.
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Talk Markets
Today Most Financial Markets Are Closed Due To The Good Friday Holiday
March 29, 2024
As of Wednesday's stock market close, the Dow Jones Index (US30) was up 0.12%. The S&P 500 Index (US500) added 0.11%, setting an all-time high. The NASDAQ Technology Index (US100) closed negative...
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USD/CAD Could Halt Losing Streak Amid A Stronger Greenback, Clings To 1.3540
March 29, 2024
USD/CAD hovers around 1.3540 during the Asian hours on Friday, showing signs of potentially ending its four-day losing streak. However, trading volumes are expected to be light due to Good Friday.
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Stocks, Gold, & Crypto Soar In Q1 Despite Rout In Rate-Cut Expectations
March 28, 2024
The strong 'hard' data - and sticky inflation - along with endless jawboning, drove rate-hike expectations drastically lower in Q1. 2024 expectations for The Fed crashed from almost seven cuts to less...
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Market Talk - Thursday, March 28
March 28, 2024
The major European stock markets had a green day today.
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Stocks Finish Strong Quarter With 5th-Straight Monthly Gains
March 28, 2024
Despite facing some volatility, the S&P 500 wrapped its best quarter since 2019 with daily, weekly, and monthly gains, including a record close today.
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The Energy Report: Biden Panic Buying
March 28, 2024
What does it say that the Biden administration is starting to buy oil back for the Strategic Petroleum Reserve (SPR) above their stated $70.00 to $67.00 a barrel buying price, purchasing oil at $81.32...
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Waller Pushes On Open Door: Push For Patience Lifts The Dollar, Complicating Japanese Efforts
March 28, 2024
Comments by Fed Governor Waller, urging patience on rates and wanting more evidence that price pressures are moderating have helped the greenback extend its recent gains.
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The Reserve Bank Of South Africa Kept The Rate At 8.25%
March 28, 2024
The Reserve Bank of South Africa unanimously decided to keep the key repo rate at 8.25%, marking the fifth consecutive meeting at 2009 levels, as expected.
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The Commodities Feed: Bearish EIA report, Thursday, March 28
March 28, 2024
Crude oil prices have been trading little changed this morning, with a bearish EIA report weighing on the sentiment.
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Fossil Fuels
USD/CAD Struggles To Capitalize On Its Modest Intraday Gains, Remains Below 1.3600 Mark
March 28, 2024
The USD/CAD pair attracts some buyers during the Asian session on Thursday and for now, seems to have snapped a three-day losing streak, albeit lacks follow-through.
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Market Talk - Wednesday, March 27
March 27, 2024
The oil markets had a negative day today.
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Dow, S&P 500 Snap Losing Streaks; Nasdaq Rallies In Final Hour
March 27, 2024
The Dow and S&P 500 snapped their three-day losing streaks on Wednesday, with the former stacking up a 477-point gain.
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Stocks
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US Equities
The Energy Report: API Surprise
March 27, 2024
The American Petroleum Institute (API) reported a massive 9.337-million-barrel increase in crude supply along with a much larger-than-expected 2.392-million-barrel increase in crude oil supply.
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Exposures
Fossil Fuels
The Commodities Feed: Steel Demand In China Disappoints
March 27, 2024
The pick-up in Chinese steel demand remains slower than expected this year, continuing to weigh on steel profit margins and iron ore prices.
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Heightened Threat Of Japanese Intervention Pushes Greenback Away From JPY152
March 27, 2024
The dollar neared JPY152, setting a new 34-year high. This appeared to spur a senior official meeting in Tokyo, ostensibly to talk about the response.
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Elliott Wave Technical Analysis: WTI Crude Oil - Wednesday, March 27
March 27, 2024
Since mid-December 2023, WTI has been ascending in a corrective manner.
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Exposures
Fossil Fuels
Crude Oil Poised For Bullish Breakout From Wyckoff Accumulation Pattern
March 27, 2024
The key characteristics of the Wyckoff accumulation structure in crude oil and the change of character signal pending upside movement.
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Exposures
Fossil Fuels
Japan May Conduct Currency Intervention Shortly
March 27, 2024
The Japanese yen's gradual decline toward 152 per dollar for the first time since 1990 was enough for Japan's finance minister to immediately warn of
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Talk Markets
The World’s Biggest Oil Producers In 2023
March 27, 2024
Despite efforts to decarbonize the global economy, oil still remains one of the world’s most important resources. It’s also produced by a fairly limited group of countries, which can be a source of...
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Talk Markets
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Economy
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Economy
Financial Markets Report For Tuesday, March 26
March 26, 2024
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, March 26.
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Talk Markets
Commodity Outlook: Metals & Cryptocurrencies
March 26, 2024
Explore the latest commodity market forecast focusing on gold, silver, and base metals against the backdrop of rising US dollar and treasury yields. Discover insights on Elliott wave analysis, trading...
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Talk Markets
'Higher For Longer' Inflation To Upend Markets, Create Opportunities
March 26, 2024
Recent inflation reports show that it's proving
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Interest Rates
Stocks Settle Lower Amid Mixed Economic Data
March 26, 2024
The Dow settled lower on Tuesday on the heels of declining consumer confidence data, though durable goods orders surpassed expectations.
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US Equities
Market Talk - Tuesday, March 26
March 26, 2024
The major European stock markets had a green day today.
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