December 5, 2020

GraniteShares hit scene to disrupt ETF landscape

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From ETF Trend GraniteShares, a new and disruptive exchange traded fund provider, has hit the scene with two new ETFs to efficiently capture broad commodities exposure at low costs for investors. On Monday, GraniteShares came out with the GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB) and GraniteShares S&P GSCI Commodity Broad Strategy No […]

Standard Chartered: Oil poised to plunge to $10 a barrel

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From Newsmax One bearish investment bank now warns that the price of oil may continue to plunge until it hits $10 a barrel. Standard Chartered became the latest major bank to downgrade its oil outlook, predicting crude will tumble to $10. The bank joins Goldman Sachs, RBS and Morgan Stanley in making ultra-bearish calls as prices […]

Goldman Sachs: Oil may fall to $20 as global surplus expands

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From Newsmax The global surplus of oil is even bigger than Goldman Sachs Group Inc. thought and that could drive prices as low as $20 a barrel. While it’s not the base-case scenario, a failure to reduce production fast enough may require prices near that level to clear the oversupply, Goldman said in a report […]