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Ipath Pure Beta Crude Oil ETN (NY: OIL )

28.18 +0.19 (+0.68%)
Official Closing Price Updated: 8:00 PM EDT, May 26, 2023 Add to My Watchlist
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Headline News about Ipath Pure Beta Crude Oil ETN

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Nasdaq, S&P 500 Nab Best Weekly Wins Since March
While the Dow shed 109 points on the day, it still marked its first positive week this month. 
Via Talk Markets
Breakout Or Fakeout
The percentage of stocks trading above their 50-day moving averages picked up sharply over the last two days. 
Via Talk Markets
Futures Rise After Breaking Out To New 2023 Highs Ahead Of Powell Speech
After breaking out to new 2023 highs, US equity futures are up small (on 
Via Talk Markets
Oil Prices Rebound On Easing Concerns Of US Debt Default
Oil prices showed a recovery on Friday, bouncing back from the previous day’s losses of over 1%, as investors grew cautiously optimistic about the fading risk of a US debt default. 
Via Talk Markets
Key Chart Points Hold And The Dollar's Rally Stalls Ahead Of The Weekend
Hawkish comments from Fed officials and the first decline in continuing unemployment claims below 1.8 mln in two months boosted US rates and the odds of a June rate hike rose to about 37%. 
Via Talk Markets
Slowly At First, Then All At Once
Crude flips again just as retailers warn and business sales drop. 
Via Talk Markets
Market Talk - Tuesday, May 16
Via Talk Markets
Inflation In 2023 - A Lull In An Era
Via Talk Markets
Now China's Yuan Is Plunging
The dollar isn't crashing, it is surging again and at the worst time. 
Via Talk Markets
Market Talk - Thursday, May 18
Dallas Fed President Lorie Logan has stated that the current data does not justify pausing rate hikes yet. 
Via Talk Markets
Dow Stages Last-Minute Rally, Scores Triple-Digit Win
The Dow rose in the last hour of trading to score a 115-point gain on Thursday, while the Nasdaq and S&P 500 notched solid gains of their own as chip and tech stocks rallied. 
Via Talk Markets
Could The Oil Sell-Off Reverse? IEA Says Yes
Despite the market's apparent concerns about an oil oversupply, the IEA has a different take on things and is apparently predicting a shortage. 
Via Talk Markets
Bloomberg Asks Has Oil A Supply Problem Rather Than A Demand One?
Oil’s recent dips may well be the last before a summer surge if the US avoids a hard landing. 
Via Talk Markets
The Commodities Feed: Black Sea Grain Deal Extended
The bulk of the commodities complex benefitted from the risk-on move across markets yesterday. However, wheat prices came under pressure with an extension to the Black Sea grain deal. 
Via Talk Markets
This Breakout Pullback Could Easily 15x Tomorrow
Today’s breakout made buyers a lot of money, and there’s likely more coming tomorrow. 
Via Talk Markets
Market Talk - Wednesday, May 17
​According to the​​ Commerce Department, US housing starts​​ unexpectedly​​ increased by​​ 2.2% in April​​ 2023 to an annual​​ rate of 1.40 million​​ units. 
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Dow Adds 408 Points On Hopes Of Debt Ceiling Deal
Stocks rallied on Wednesday, as House Speaker Kevin McCarthy and President Joe Biden seemed to make progress on U.S. debt ceiling talks. 
Via Talk Markets
WTI Soars Over 3% On Growing Optimist Amidst US Debt Ceiling Talks And IEA Forecast
US crude oil prices rise despite increased inventories as China’s economic growth tempers. 
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Signs Of A Recession Are Growing
Copper, the commodity with a Ph.D. in economics, has erased all of its year-to-date gains. 
Via Talk Markets
Dow Jones Outlook: Stocks Edge Higher On Hopes Of A Debt Ceiling Deal
US stocks rise on optimism that a US debt ceiling deal could be reached sooner rather than later. Target's Q2 outlook disappoints. 
Via Talk Markets
USD/CAD Refreshes Daily Low Amid An Uptick In Oil Prices, Stronger USD To Limit Losses
The USD/CAD pair struggles to capitalize on its modest intraday gains and meets with a fresh supply near the 1.3535 region on Wednesday. 
Via Talk Markets
$70/Bbl Floor For Crude? US To Start Buying Oil
The roller-coaster ride for crude might be coming to an end, after the White House confirmed yesterday it would start replenishing the SPR as soon as June. 
Via Talk Markets
The Yen Is Sold Despite Better Than Expected Q1 GDP And The Greenback Pushes Above CNY7.0
Besides extending its gain against the G10 currencies, the greenback has surpassed CNY7.0 for the first time since early last December. 
Via Talk Markets
Gold Declines, But The Outlook Remains Bullish
Gold, the supposed hedge against economic and political turmoil, fell below $2,000 for the first time since early May. 
Via Talk Markets
Two Trades To Watch: Oil, EUR/GBP
Traders remain cautious amid concerns over the outlook for global oil demand amid weaker-than-expected data from China, after a surprise rise in US crude inventories and despite an upbeat oil demand... 
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These 3 Reversals Could Be The Biggest Trades Of The Week
We have strong trends and sideways ranges on the charts tonight, and they both tell us to look for these 3 reversal patterns. 
Via Talk Markets
Your Mid-May Market Update: Sector Strength And Weakness So Far In 2023
Today's session continued the ongoing theme of 
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WTI Holds Losses After Another Surprise Crude Build, Cushing Stocks Soar
Oil prices slipped lower after weak China macro data overnight dominated US core retail sales data and a stronger dollar didn't help. 
Via Talk Markets
Dow Resumes Slide With Triple-Digit Drop
The S&P 500 and Nasdaq both settled lower as well. 
Via Talk Markets
Crude Oil Outlook: WTI Bottom?
The crude oil outlook has been hurt by demand concerns and doubts about Russia complying with the OPEC+ cuts. But has WTI formed a low anyway? 
Via Talk Markets
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