Beleaguered offshore drilling company, Seadrill (NYSE: SDRL) may not hurtle towards bankruptcy, but restructuring, a second one, is likely on the cards. The company came out of the previous restructuring carrying debts and desperately in …
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VelocityShares 3x Long Crude Oil (UWT) is an exchange-traded note (ETN) issued by Citigroup Global Markets Holdings Inc. It is currently trading at $0.23 but was trading over $45 in 2018. It is one of …
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During the Asian trading session, oil prices show uncertain/mixed trading signals, trying to retreat from their record lows, renewed yesterday. The price fell by more than 11% on Wednesday, repeating the 18-year lows amid declining …
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NGL Energy Partners L.P. (NYSE: NGL) is under immense pressure after shedding more than 90% in market value over the past year. Last July, it traded over $14 per share, today it is $1.31. Many …
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GUSH Stock continues to drop and is down an additional 30% today. DIREXION SHARES ETF TRUST DAILY S&P OIL & GAS EXP & PRD BUL 3X (GUSH) fell 81% on last Monday, or $4.11, to …
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