VelocityShares Credit Suisse 3X Long Crude ETN (UWTIF)

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OPEC Pushes for Oil Deal as Saudis Open Door for No Output Cut.“We expect demand to recover in 2017, then prices will stabilize, and this will happen without an intervention from OPEC,” Al-Falih said in Dhahran, eastern Saudi Arabia, on Sunday, according to the Saudi newspaper Asharq al-Awsat. “We don’t have a single path which is to cut production at the OPEC meeting, we can also depend on recovery in consumption, especially from the U.S.”