DIG News and Press, ProShares Ultra Oil & Gas From 03/24/20

Pre-market action in the Big Oil names indicate big gains when trading opens, as crude oil prices surge on hopes the U.S. will soon reach a deal on a $2T coronavirus aid package that could help support oil demand. More news on: Energy Select Sector SPDR ETF, Exxon Mobil Corpora...

The energy sector ( XLE -10.3% ) again trades behind the remaining 10 S&P sectors, pressured by another sharp drop in the price of crude oil and the persistence of weak sentiment. More news on: Energy Select Sector SPDR ETF, Marathon Petroleum Corporation, Diamondback Energy, Inc., E...

Crude oil marks another finish at four-year lows , and analysts say more declines may follow as the coronavirus hurts demand and Saudi Arabia and Russia battle for market share. More news on: The United States Oil ETF, LP, Noble Energy, Inc., SM Energy Company, Energy stocks news, Commo...

Oil and gas stocks suffer from another day of aggressive selling, causing the S&P energy sector ( XLE -5.1% ) to widen its Q1 loss to ~51%, even worse than the one-third loss in the financials group at the bottom of the quarterly standings. More news on: Energy Select Sector SPDR ETF...

As forecast last week, the spread of COVID-19 has generated severe financial market volatility, which was substantially worsened by the breakdown in production discipline within the global energy market, reflecting the stand-off between Russia and Saudi Arabia. This has triggered further sev...

By Rob Waldner, Chief Strategist and Head of Macro Research, Invesco Fixed Income A fundamentals-driven correction that may take some time to resolve. Macro impact The spread of the coronavirus globally has continued unabated in recent weeks. The combination of "business as usual" ...

Co-produced with author The Value Portfolio Arguably one of the wildest months in oil history, it's hard to imagine that less than a month ago oil prices were almost $55 / barrel Brent, and that less than a year ago, they were approaching $70 / barrel Brent. That drop in stock prices h...

Several oil companies hit by the price war between Saudi Arabia and Russia are encouraging the Trump administration to waive the Jones Act , a law that mandates only U.S. vessels can be used to transport goods among U.S. ports. More news on: Chesapeake Energy Corporation, Parsley Energy, ...

Carnage and Armageddon are the appropriate descriptions for the events that transpired in the crude oil futures market in the aftermath of the May 6 OPEC meeting. Crude oil equities had been flashing a warning signal for more than one year. The prices of oil-related companies lagged crude oi...

The S&P 500 energy sector ( XLE -10.7% ) is today's worst performer, bringing its week-to-date losses to 29% and year-to-date losses above 50%. More news on: Energy Select Sector SPDR ETF, Marathon Petroleum Corporation, Plains All American Pipeline, L.P., Energy stocks news, Stocks ...