DIG News and Press, ProShares Ultra Oil & Gas From 11/01/19

Commodities are an alternative asset class. Stocks and bonds tend to attract most investors. Commodities have a reputation as volatile assets that can experience wide price variance. Raw materials are global assets. Production comes from regions of the world where the crust of the earth cont...

Crude oil prices slipped following a surprise supply build with U.S. stockpiles continuing to rise; WTI December crude settled -0.9% to $55.06/bbl and December Brent ended -1.6% to $60.61/bbl. More news on: Energy Select Sector SPDR ETF, California Resources Corporation, Nation...

The Trump administration says it has filed suit against California to shut down the state's carbon cap-and-trade agreement with Quebec, claiming the program violates a constitutional prohibition against states engaging in compacts with foreign powers. More news on: Energy Select Sector S...

Crude oil futures ( USO +1.2% ) close higher , helped by a report that major oil producers will consider deeper production cuts when they meet in December; December WTI, the new front-month contract, settled +1.8% at $54.48/bbl, December Brent +1.3% to $59.70/bbl. More news on: Th...

Crude oil futures gave back much of their gains from last week, as a lack of details about the first phase of a U.S.-China trade deal undercut optimism over a trade relations thaw that had helped lift crude markets late last week. More news on: The United States Oil ETF, LP, Energy Sel...

Equities have snapped back from sharp early losses but not so much for crude oil ( USO -1.1% ), as WTI is on track for its eighth straight down day amid concerns about global economic growth, oil demand and signs of excess supply; November WTI -1.4% to $51.89/bbl. More news on: The U...

Benchmark crude oil prices ( USO -1.9% ) settled at their lowest levels in nearly two months amid weak economic data that weighed on prospects for energy demand and a larger than expected increase in U.S. crude inventories. More news on: The United States Oil ETF, LP, The United Stat...

The energy sector posted a loss during the third quarter of 2019. In 2014, the energy composite fell by 36.59% due to the swoon in crude oil, petroleum product, and natural gas prices. A composite of energy commodities fell by 25.14% in 2015, making it the worst-performing sector of the year. ...

Sunoco LP ( SUN ) and its subsidiaries are in the business of distributing and retailing motor fuels in the United States. The company purchases motor fuel from independent refineries and major oil companies and supplies it to independently operated dealer stations, distributors and consumers,...

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...