ETFsETNs that bet on oil prices using futures contracts are good at tracking the commodity in the shorter-term but could perform much worse than the commodity in the longer-term due to contango issues.
Market Realist - Apr 11, 2018 The United States Gasoline ETF aims to follow the performance of US gasoline futures. UGA rose 2.8 percent to 32.59 on April 10, 2018.
Market Realist - Mar 22, 2018 However, US crude oil prices increased 7 percent on March 1421, 2018. The factors mentioned above along with strong demand and a higher compliance with production cuts supported oil prices during this period.
KL Daily - Feb 27, 2018 More notable recent PowerShares DB Oil ETF news were published by Marketwatch.com which released PowerShares DB Oil Fund on June 22, 2011, also Nasdaq.com with their article GDX, DBO Big ETF Inflows published on February 22, 2018 ... Commodity ETFs Are Making A Comeback - Nasdaq
Market Realist - Feb 15, 2018 According to the EIA, US crude oil production increased by 20,000 bpd to a record high of 10,271,000 bpd on February 29, 2018.
Market Realist - Feb 8, 2018 The unexpected rise in distillate inventories pressured diesel and crude oil prices on February 7, 2018. US diesel futures fell 2.7 percent to 1.9 per gallon on February 7, 2018.
Nasdaq - Jan 25, 2018 Investors seeking momentum may have PowerShares DB Oil Fund DBO on radar now. The fund recently hit a new 52-week high. Shares of DBO are up approximately 50.5 percent from their 52-week low of 7.40share.
More notable recent PowerShares DB Oil ETF news were published by Marketwatch.com which released PowerShares DB Oil Fund on January 31, 2010, also Benzinga.com with their article The Good And The Bad Of Oil ETFs published on June ...
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the PowerShares DB Oil Fund, where 4,400,000 units were destroyed, or a 10.1 percent decrease week over week. Among the ...
WeeklyHub - Oct 25, 2017 Oct 25 is a negative day so far for PowerShares DB Oil ETF as the ETF is active during the day after losing 0.67 percent to hit 8.86 per share.
Market Realist - Feb 13, 2018 March US crude oil futures rose 0.51 percent to 59.59 per barrel at 100 AM EST on February 13, 2018. Prices rose due to short covering and a weak dollar.
Nasdaq - Oct 31, 2017 Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the PowerShares DB Oil Fund , where 3,800,000 units were destroyed, or a 8.7 percent decrease week over week.
XAutoplay On OffSPDR SandP 500 ETF Trust and PowerShares QQQ Trust held a 0.1 percent gain, while SPDR Dow Jones Industrial Average climbed 0.2.