DUG News and Press, ProShares UltraShort Oil & Gas From 03/14/20

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 ...

Energy stocks ( XLE -3.3% ) take their customary place at the bottom of the S&P 500 sector standings, with crude oil down another ~2% after Saudi Arabia unveiled plans to  raise its production capacity by a further 1M bbl/day to 13M bbl/day. More news on: Energy Select Sector S...

U.S. crude oil futures followed their largest percentage loss since 1991 with a 10% rebound , helped by reports that Russian had not ruled out measures with OPEC to stabilize oil markets. More news on: The United States Oil ETF, LP, United States Brent Oil Fund, LP, Energy Select Sec...

The Trump administration is strongly considering pushing federal assistance for oil and natural gas producers ( XLE +3.1% ) hit by plummeting oil prices, the Washington Post reports. More news on: Energy Select Sector SPDR ETF, Continental Resources, Inc., SPDR S&P Oil & Gas ...

America's days as a net petroleum exporter "may be numbered ," as plunging oil prices threaten domestic production, Bloomberg writes. More news on: Exxon Mobil Corporation, Occidental Petroleum Corporation, Chevron Corporation, Energy stocks news, Commodities news, News on ETFs, Read...

Crude oil concludes its worst day since the 1991 Gulf War after Saudi Arabia slashed prices and promised to raise production. More news on: The United States Oil ETF, LP, United States Brent Oil Fund, LP, Energy Select Sector SPDR ETF, Energy stocks news, Commodities news, Stocks on the ...

The Energy Select SPDR ETF (NYSEARCA: XLE ) -15.2% pre-market in the wake of a tumultuous weekend in which crude prices fell more than 20% amid a price war between Russia and Saudi Arabia. More news on: Energy Select Sector SPDR ETF, Exxon Mobil Corporation, Chevron Corporati...