The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, fell 3.25% last Friday on more than double the average daily volume, bringing its loss for the week to 1.73%. While that snapped oil’s longest weekly winning streak in several years, some… Source: After a...
3 Midstream MLPs With 5%+ Yields And Growth Potential
Many midstream pipeline companies are undervalued right now due to poor sector sentiment, improved company fundamentals, and strong industry growth tailwinds.Top-quality MLPs have high yields, but also sustainable payouts and manageable debt levels.Investors should remain focused on quality companies with attractive valuations and the ability to grow distributions over the...
Crude Oil Falls On Inventory Builds And Bearish Sentiment In Commodities
Crude oil collapses on May 23.Inventory builds from the API and EIA weighed on the price of the energy commodity.The Brent-WTI remains near the highs for Brent.The Middle East means the upside remains explosive, but the prospects for a prolonged trade war is pushing the price lower.UCO and SCO for...
10 ETFs To Play The Crude Oil Market
Crude oil prices dropped precipitously on Wednesday, and according to experts, are now on track to enter a bear market, as U.S. data revealed a weekly crude supply climb of almost 7 million barrels, to its highest level in nearly two years. Source: 10 ETFs To Play The Crude Oil...