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DUG News and Press, ProShares UltraShort Oil & Gas From 12/04/19

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Company Name: ProShares UltraShort Oil & Gas
Stock Symbol: DUG
Market: NYSE

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DUG - Oil prices surge ahead of OPEC production talks

Crude oil ( USO +3.4% ) powers higher amid optimism that the OPEC+ group could approve deeper production cuts when they meet in Vienna this week, with further support from industry data showing a larger than forecast drop in U.S. crude stockpiles. More news on: The United States Oil ...

DUG - Crude oil, energy names jump on talk of further OPEC supply cuts

The S&P energy sector ( XLE +0.3% ) is bucking the downward slide in the broader market as January WTI crude oil +1.6% to $56.05/bbl, topping its 50-day moving average of $55.59/bbl. More news on: Energy Select Sector SPDR ETF, Marathon Oil Corporation, Cimarex Energy Co., Energy...

DUG - U.S. 'Energy Independence' Is More Complicated

The US Becomes Net Exporter of Crude Oil & Petroleum Products for First Time. US exports of crude oil and petroleum products - this includes gasoline, diesel, jet fuel, naphtha, and many others - exceeded imports in September by 89,000 barrels a day, the EIA reported today, and so the ...

DUG - Faulty drilling indicator belies oil market that's tighter than assumed - WSJ

The oil market (NYSEARCA: USO ) is far tighter than many observers assume, and oil prices and energy companies could be set for a bounce , Spencer Jakab writes at WSJ 's Heard On The Street. More news on: The United States Oil ETF, LP, Halliburton Company, Baker Hughes Company, Energy st...

DUG - Crude oil climbs as OPEC seen extending supply cuts until June

Oil prices are higher following a Reuters report that OPEC and its allies are likely to extend production cuts until mid-2020 when they meet early next month. More news on: The United States Oil ETF, LP, United States Brent Oil Fund, LP, Energy Select Sector SPDR ETF, Commodities news, E...

DUG - Crude oil surges as U.S. supplies rise less than expected

Crude oil prices bounce back in a big way after U.S. data showed a slightly smaller than expected build in domestic inventory, rising by 1.4M barrels in the week ending Nov. 15. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, Schlumberger Limited, Energy st...

DUG - Oil slides as Russia reportedly may not seek deeper cuts at OPEC meeting

Crude oil benchmarks are on track for their fifth decline in the past seven sessions amid fresh worries about excess supply ahead of weekly U.S. inventory data scheduled for release tomorrow; U.S. WTI (NYSEARCA: USO ) -2.3% to $55.73/bbl, Brent (NYSEARCA: BNO ) -1.8% to $61.32/bbl. M...

DUG - Energy names lag on lower commodity prices for oil, gas

The energy sector ( XLE -1.3% ) was today's worst performing group as oil and gas prices turned sharply lower amid uncertainty over the prospects for a U.S.-China trade deal. More news on: Energy Select Sector SPDR ETF, McDermott International, Inc., Callon Petroleum Company, Energy st...

DUG - Offshore oil to peak in 2020, then drop alongside shale - report

Offshore oil production is expected to hit a peak in 2020 before joining the shale industry in a slowdown , according to a new report by analysts at Sanford C. Bernstein. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P GSCI Crude Oil Total Return ...

DUG - Clean Energy Fuels Continues To Disappoint

Clean Energy Fuels Corp. ( CLNE ) will report its third-quarter earnings on November 12. The market's consensus is expecting a two cents per share loss for the quarter. The company provides natural gas as an alternative fuel for vehicle fleets in the US and Canada. CLNE supplies renewable, c...

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