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DIG News and Press, ProShares Ultra Oil & Gas From 09/16/19

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

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DIG - No, You Didn't Miss It: 4 Reasons Oil Stocks Would Be Going Higher Anyway

Saudi Arabia's oilfields and processing are attacked. 5-6% of the world oil supply is brought offline. Oil prices are up 10%+. Oil and gas stock indexes are up 10%+. And recommendations are flying: "sell the news" "fade the rally" "short xyz oil stock". Usually it is a good idea to "sell the n...

DIG - Energy SPDR up 4% premarket

All 28 names in the Energy Select SPDR (NYSEARCA: XLE ) are in the green in premarket action thanks to   oil's 8% surge . More news on: Energy Select Sector SPDR ETF, Exxon Mobil Corporation, Chevron Corporation, Energy stocks news, Stocks on the move, Top Breaking stock news, News o...

DIG - Crude Oil Services Companies Offer Value As The Saudis Take Another Stab At An IPO Of Aramco

The crude oil market has been following the ongoing saga on trade between the US and China. The trade war that escalated in early August weighed on the price of the energy commodity. The threat of a global recession sent the price of nearby NYMEX futures down to a low at around $50.50 per barr...

DIG - OPEC punts on further production cuts; crude prices, energy stocks sink

Crude oil prices ( USO -2.3% ) are firmly in the red after an OPEC technical meeting brings no decision on further production cuts despite a mounting global supply glut and weakening demand growth for crude, instead focusing on bringing Nigerian and Iraqi output down to agreed quotas. ...

DIG - House passes bills banning oil and gas drilling off Atlantic, Pacific coasts

The U.S. House passes legislation that would permanently ban new oil and gas drilling off the Atlantic and Pacific coasts and extend a moratorium on drilling off Florida's Gulf of Mexico coast. More news on: Energy Select Sector SPDR ETF, SPDR S&P Oil & Gas Exploration & Prod...

DIG - There Is An Oil Supply Glut Now, But The Party Won't Last Forever

Editor's note: Seeking Alpha is proud to welcome Rob Pinkerton as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to SA Essential. Click here to find out more » There is a world ...

DIG - U.S. crude adds to August decline on heightened fears of global recession

Crude oil prices plunge ( USO -3.7% ), hit by rising OPEC and Russian oil production as well as the protracted U.S.-China trade dispute; October WTI -4% to $52.87/bbl, Brent -2.3% to $57.28/bbl. More news on: The United States Oil ETF, LP, Buckeye Partners, L.P., Equinor ASA, Ener...

DIG - Energy And Financials: The Energy Sector Has Shrunk To Just 4.5% S&P 500 Market Cap Weight

Energy is now just 4.5% of the S&P 500 market cap weight, down from a high of 15% in September 2014, when crude oil was trading around $80-$100 per barrel and just before the commodity tanked to $28 per share by early 2016. It's shocking what has happened to the sector. Can't recall wh...

DIG - Energy stocks sink as China to impose tariff on U.S. oil

Crude oil prices plunge after China unveils new tariffs on $75B worth of U.S. goods, including a 5% tariff on U.S. crude imports beginning Sept. 1; WTI -2.3% to $54.05/bbl, Brent -1.6% to $58.96/bbl. More news on: The United States Oil ETF, LP, SPDR S&P Oil & Gas Explorati...

DIG - Oil prices give back chunk of yesterday's big gains

Crude oil prices fall sharply in the wake of weak economic data from China and Europe and a rise in U.S. crude inventories, partly erasing yesterday's big gains; WTI -2.5% to $55.68/bbl, Brent -2.1% to $60.03/bbl. More news on: The United States Oil ETF, LP, Energy Select Sector SPD...

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