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DIG News and Press, ProShares Ultra Oil & Gas From 05/29/19

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Company Name: ProShares Ultra Oil & Gas
Stock Symbol: DIG
Market: NYSE

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DIG - Frackers even less popular than when oil was at $10 - Bloomberg's Denning

The energy E&P sector's predilections for production and spending are to blame for their deep unpopularity with investors , according to Bloomberg's Liam Denning. More news on: Energy Select Sector SPDR ETF, Vanguard Energy ETF, SPDR S&P Oil & Gas Exploration & Production ...

DIG - U.S. importers bear the brunt of Trump's tariffs, IMF says

U.S. importers are paying almost all of the U.S. tariffs on Chinese goods imposed by President Donald Trump, the International Monetary Fund says in its blog on Thursday. More news on: iShares China Large-Cap ETF, Direxion Daily FTSE China Bull 3x Shares ETF, Direxion Daily FTSE China Be...

DIG - The Messy Politics In Crude Oil

Over the recent trading sessions, many commodities prices have slipped after trade negotiations between the US and China hit a roadblock. The slow pace of talks and claims that the Chinese negotiators backtracked on parts of a deal where the US thought they had an agreement led to new tariffs ...

DIG - Open Insights: EIA's Weekly Petroleum Report (04/26/19)

(For reference, we recently updated our oil analysis in our latest quarterly letter which can be found here ). Continuing our weekly series, Open Insights, we'll take a look at the EIA's Weekly Petroleum Status Report ("WPSR") for the week of April 26, 2019. EIA reported a crude build of ...

DIG - Trump administration rolls back offshore drilling safety rules

Offshore oil drillers will enjoy more flexibility in meeting federal safety requirements, as the Trump administration announces a rollback of Obama-era offshore drilling rules imposed after the 2010 BP Deepwater Horizon oil spill. More news on: Energy Select Sector SPDR ETF, Vanguard E...

DIG - Trump set to sign executive orders aimed at boosting energy infrastructure

Pres. Trump will sign a pair of executive orders on Wednesday that would overhaul some environmental permitting rules in an attempt to expedite oil and gas pipeline projects , senior administration officials say. More news on: Energy Select Sector SPDR ETF, Vanguard Energy ETF, SPDR S&...

DIG - Energy stocks touch highest since November as crude climbs

Energy stocks top today's leaderboard, with the S&P 500 energy index up as much as 1.8% intraday to its highest since Nov. 12 as WTI crude racks up its fifth straight weekly gain - longest winning streak since November 2017 - and Brent crude closes above $70/bbl for the first time in f...

DIG - Oil industry urges Trump to appeal ruling reinstating ban on Arctic drilling

Oil and gas executives urge Pres. Trump to appeal Friday's federal court ruling that reinstates a ban on oil and gas drilling in large areas of the Arctic Ocean. More news on: Energy Select Sector SPDR ETF, Vanguard Energy ETF, SPDR S&P Oil & Gas Exploration & Production ET...

DIG - Energy - Q1 Review And The Outlook For Q2 2019

The energy sector recovered over the first three months of 2019 after price carnage in the oil markets in Q4 2018. While all members of the sector posted losses during the final quarter of last year, only natural gas and the heating oil crack spread moved lower in Q1 which was caused by season...

DIG - Court blocks oil and gas drilling in Wyoming over climate change

A U.S. district judge today blocked oil and gas drilling over nearly 500 sq. miles in Wyoming because the government failed to adequately consider its impact on climate change, a decision that could complicate Pres. Trump's broader efforts to expand energy production on public lands. Mor...

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