WTI

Equity and commodity markets have bounced back strongly this week after last week’s surprise Brexit vote sent shock waves through markets around the world. However, when it comes to the oil market, Barclays is not quite ready to dismiss the long-term impact of the Brexit. “The slowdown...

The majority of Russia’s oil tycoons have been financially crippled by the global oil price collapse. However, the Wall Street Journal’s Laura Mills reported that one Russian oil billionaire has more than doubled his net worth from $2.4 billion to $5.9 billion during one of the harshest...

U.S. indices rallied Tuesday morning led by a triple digit point gain in the Dow Jones. Granted, stocks have been opened for trading for less than half an hour, and the Dow Jones Index is trading closer to 17,000 than the 18,000 level it flirted with last Thursday. CNBC's Jim Cramer acknowledged...

David Coleman of Argus Research still expects Chesapeake Energy Corporation (NYSE: CHK) to report a loss in 2016 due to weakness in commodity prices. Coleman maintains his 2016 loss forecast of $0.36 per share and sees only modest earnings in 2017. The analyst projects 2017 adjusted earnings...

Franklin Templeton Investments, which has $740 billion in assets under management, has been making some big bets that the oil rally is far from over. WTI prices, which dipped near $26/bbl in February, have recovered to around $50/bbl in recent weeks. However, Franklin Templeton believes that prices...

Citi has reaffirmed its Buy rating on Canadian Natural Resource Ltd (USA) (NYSE: CNQ) following its annual analyst meeting at which the company said it now expects production to increase about 25 percent by 2019 (8 percent CAGR). "The clear emphasis was on the massive wall of free cash flow ahead...

After briefly spiking above $51/bbl, WTI crude oil prices are back down under $47 following six consecutive days of declines and a weak U.S. stock draw this week. According to D.A. Davidson analyst John Rogers, oil and gas investor shouldn’t sweat the recent pullback. “Optimism is...

In news that is not exactly stunning to seasoned followers of the high-yield corporate bond market, junk bonds and the related exchange-traded funds are enjoying oil's rebound. After all, it was slumping oil prices and the specter of high-yield energy sector defaults that dragged on junk bond...

Barclays' David Anderson upgraded Weatherford International Plc (NYSE: WFT) with a price target of $8.00. The rating change comes after the company announced $1.1 billion in convertible debt and settled the Zubair change-order claim for $150 million. Despite low expectations for the company,...

With WTI crude oil prices knocking on the door of $50/bbl for the first time since October of 2015, Citi analyst Seth Kleinman has become more bullish on the outlook for oil. According to Kleinman, a combination of crude oil inventory drawdowns, supply outages and worker strikes have quickened the...

Asian stocks closed mostly higher on Wednesday after U.S. equities posted strong gains on Tuesday. "Asian markets have had limited news flow to deal with today," Chris Weston, chief market strategist at spreadbetter IG told CNBC. "The bold moves [today] are a reflection of the belief that the...

Long/short is a popular strategy in the hedge fund community and one made accessible to investors of all stripes by the exchange-traded funds industry. Typically, long/short ETFs are equity-based, but investors can now take both sides of the commodities trade with the First Trust Alternative...

With the United States Brent Oil Fund, LP (NYSE: BNO) higher by nearly 23 percent year-to-date, a bevy of single-country exchange-traded funds tracking equities in major oil-producing nations are benefiting. That includes developed and emerging markets ETFs. Let's Talk Oil The group certainly...

Oil prices are on the mend this year, but the United States Oil Fund LP (ETF) (NYSE: USO) would need to more than triple to sniff its 2014 highs. USO, which tracks front-month West Texas Intermediate futures, would need to nearly quadruple to come within striking distance of its 2012 highs. Heading...

Morgan Stanley hosted an oil services conference in Houston last week where global E&P names gathered to discuss the current environment in the oil complex. Following a volatile start to 2016, which has seen WTI futures close as low as $26.19 and as high as $46.03, here are 5 key takeaways from...