OILU News and Press, ProShares UltraPro 3x Crude Oil From 02/14/20

Gainers:  Semiconductor Bull 3X Direxion (NYSEARCA: SOXL )  +15.2% . More news on: Direxion Daily Semiconductor 3x Bull Shares ETF, Direxion Daily Real Estate Bull 3x Shares ETF, BMO MicroSectors FANG+ Index 3X Leveraged ETN, News on ETFs, Stocks on the move, , Read more .....

Crude oil futures scored their first weekly gain in six weeks , as investors bet the economic impact of the coronavirus would be short-lived. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P GSCI Crude Oil Total Return Index ETN, Energy stocks news...

The count of active drilling rigs in the U.S. remains unchanged at 790, according to Baker Hughes' latest weekly survey . More news on: The United States Oil ETF, LP, The United States Natural Gas ETF, LP, VelocityShares 3x Long Natural Gas ETN, Energy stocks news, Commodities news, News ...

The International Energy Agency slashes its forecast for global oil demand growth in 2020 by 365K bbl/day to 825K bbl/day, the lowest level since 2011, as the coronavirus outbreak dampens demand in China's oil-hungry economy. More news on: The United States Oil ETF, LP, iPath S&P GSC...

OPEC released its Monthly Oil Market Report (MOMR) for February. It reported that demand for OPEC crude was 30.6 million barrels per day, 1.0 million lower than the 2018 level. It forecasts demand for OPEC crude will be 29.3 million in 2020, about 1.3 million lower than the 2019 level. It ...

The energy sector ( XLE +1.5% ) is easily the top performer in the early going, lifted by a sharp rally in crude oil on speculation that Russia will agree to go along with a production cut that has been proposed by OPEC+. More news on: Energy Select Sector SPDR ETF, Noble Corporation p...

Wide Permian crude price differentials provided a boost to midstream earnings in 2019 as companies exploited arbitrage opportunities. However, as new pipeline capacity has come on-line, the Midland-Houston crude price differential has tightened and eliminated upside from spot shipments. With m...

Oil clawed its way back above the $50/level overnight as Russia said it was studying an OPEC+ proposal to curb crude output by a further 600K barrels per day, though Energy Minister Alexander Novak didn't specify when the country would make a decision. More news on: The United States Oil...

Carbon emissions from energy flattened last year following two years of increases, even as the world economy expanded by 2.9%, according to a new report from the International Energy Agency . More news on: The United States Oil ETF, LP, The United States Natural Gas ETF, LP, Energy Sele...

The American Petroleum Institute reportedly shows a build of 6M barrels of oil for the week ending Feb. 7. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, VelocityShares 3x Long Crude Oil ETN, Energy stocks news, Commodities news, News on...