GASL News and Press, Direxion Daily Natural Gas Related Bull 3x Shares Direxion Shares ETF Trust From 03/27/20

The Environmental Protection Agency says it will ease enforcement of a range of legally mandated public health and environmental protections, saying industries could have trouble complying with them during the coronavirus. More news on: Energy Select Sector SPDR ETF, SPDR S&P Oil &am...

April natural gas (NG1: COM) settled +3.2% at $1.655/MMBtu after yesterday hitting $1.53, its lowest level since 1995, as some overnight models and NOAA's latest 6-10-day forecasts turned cooler , slightly raising heating demand expectations. More news on: Cabot Oil & Gas Corpo...

Ten of Direxion Shares leveraged funds will now seek  daily leveraged, or daily inverse leveraged, investment results, before fees and expenses, of 200% or -200%, instead of 300%/-300% previously. More news on: Direxion Daily Russia Bear 3x Shares ETF, Direxion Daily Natural Gas Rela...

Trend-following traders and speculators tend to flock to the natural gas futures arena. The energy commodity offers both liquidity and volatility. Since natural gas futures began trading in 1990 on the New York Mercantile Exchange division of the CME, the price has traded as low as $1.02 and a...

NEW YORK , March 20, 2020 /PRNewswire/ -- Recent and near unprecedented volatility across global markets, driven by the impact of the COVID-19 pandemic and oil price war, has dramatically increased the explicit and implicit cost of trading in the energy and commodities markets. While...

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...

The chickens came home to roost in the crude oil market. On March 6, the OPEC meeting ended, and the oil cartel, together with Russia, decided to abandon production cuts. The market had expected OPEC to cut daily output by an additional one million barrels per day. As the meeting began, Saudi ...

Nymex natural gas prices settled +1.5% today and +9.4% for the week to $1.869/MMBtu, as plummeting crude oil prices discourage drilling in U.S. shale plays where gas is extracted as a byproduct, likely with a a boost from traders closing out bearish bets. More news on: The United State...

NEW YORK , March 10, 2020 /PRNewswire/ -- Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Natural Gas Related Bull 3X Shares, Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 3X Shares, and the Direxion Daily...

Even as natural gas futures (NYSEARCA: UNG ) are lower, stocks of natural gas drillers are far outperforming oil-focused names, as on plunging crude prices force Permian Basin oil producers to pull back and ease the massive glut . More news on: The United States Natural Gas ETF, LP, Cabot...