|Bid||11.29 x 1800|
|Ask||11.44 x 1800|
|Day's Range||11.10 - 11.91|
|52 Week Range||7.64 - 47.60|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.00|
|Expense Ratio (net)||1.45%|
Oil prices retreated recently as traders are eagerly anticipating the release of inventory data. The U.S.-China trade deal standoff has investors fretting as of late, but oil and gas operators have no reason for pessimism despite these trade deal woes. According to a study by L.E.K. Consulting, oil and gas operators are feeling optimistic when it comes to the commodity for the rest of 2019.
The U.S.-China trade deal standoff has investors fretting as of late, but oil and gas operators have no reason for pessimism despite these trade deal woes. According to a study by L.E.K. Consulting, oil ...
Leveraged and inverse products have given investors access to an investment space that was typically relegated to only high-net worth individuals or institutions. With the transparency and liquidity of ...
As the first quarter of 2019 has come to a close, these 10 ETFs and ETNs have led this investment category in gains for the first three months of this year. As you can see from the list, exchange traded products tied to the price of oil were among the top performers, as crude prices surged on production cuts.
Given the clouds over the outlook for oil investment, investors should place their bet on oil ETFs cautiously or could take advantage of the quick turn in sentiment with the help of leveraged or inverse ETFs.
Many investors have turned bullish on oil and are seeking to tap this opportunity. For them, a leveraged play on the commodity could be an excellent idea.
Amid the renewed optimism, many investors have turned bullish on the energy sector and are seeking to tap this opportunity. For them, a leveraged play on energy or oil could be an excellent idea.
Thus far in 2018, adding higher oil prices to leveraged exchange-traded products (ETPs) has created a combination of combustible profits for traders. As such, leveraged oil plays have had bullish traders gushing as oil prices continued their ascent on the latest supply data from the U.S. Energy Department.
Indications that oil supply could be tightening have continued to send oil prices on their upward trajectory, which have benefitted leveraged exchanged-traded products tied to the commodity's price. Currently, the price of WTI Crude stands at $72 and Brent Crude at just under $82, but the idea of $100 oil prices have already entered into the realm of possibilities by the end of this year. Earlier this week, U.S. President Donald Trump prodded the Organization of the Petroleum Exporting Countries (OPEC) to ramp up production levels in order to temper oil prices ahead of mid-term Congressional elections.