PXE News and Press, Invesco Dynamic Energy Exploration &Production From 05/29/19

The energy E&P sector's predilections for production and spending are to blame for their deep unpopularity with investors , according to Bloomberg's Liam Denning. More news on: Energy Select Sector SPDR ETF, Vanguard Energy ETF, SPDR S&P Oil & Gas Exploration & Production ...

The data below was taken from the OPEC Monthly Oil Market Report . All data is through April 2019 and is in thousand barrels per day. The data is crude only, that is it does not include condensate. Total OPEC production hardly moved in April, down a mere 3,000 barrels per day. Algeria pea...

Volatility heightened last week, which closed with prices at their lowest in almost a month, after hitting a six-month high a week ago. Prices slumped after a buildup in US crude inventories by 10 million barrels, amid record-high US oil production to 12.3 million bpd. That took the edge o...

(For reference, we recently updated our oil analysis in our latest quarterly letter which can be found here ). Continuing our weekly series, Open Insights, we'll take a look at the EIA's Weekly Petroleum Status Report ("WPSR") for the week of April 26, 2019. EIA reported a crude build of ...

Offshore oil drillers will enjoy more flexibility in meeting federal safety requirements, as the Trump administration announces a rollback of Obama-era offshore drilling rules imposed after the 2010 BP Deepwater Horizon oil spill. More news on: Energy Select Sector SPDR ETF, Vanguard E...

Pres. Trump will sign a pair of executive orders on Wednesday that would overhaul some environmental permitting rules in an attempt to expedite oil and gas pipeline projects , senior administration officials say. More news on: Energy Select Sector SPDR ETF, Vanguard Energy ETF, SPDR S&...

Energy stocks top today's leaderboard, with the S&P 500 energy index up as much as 1.8% intraday to its highest since Nov. 12 as WTI crude racks up its fifth straight weekly gain - longest winning streak since November 2017 - and Brent crude closes above $70/bbl for the first time in f...

At the start of October, $100 oil was the topic du jour, with Brent crude in the mid-$80s per barrel (bbl) and WTI sitting around $75/bbl. Sentiment quickly shifted as a confluence of factors combined to push WTI to a relative bottom of $42.53/bbl on Christmas Eve. So far this year, oil has re...

Oil and gas executives urge Pres. Trump to appeal Friday's federal court ruling that reinstates a ban on oil and gas drilling in large areas of the Arctic Ocean. More news on: Energy Select Sector SPDR ETF, Vanguard Energy ETF, SPDR S&P Oil & Gas Exploration & Production ET...

A U.S. district judge today blocked oil and gas drilling over nearly 500 sq. miles in Wyoming because the government failed to adequately consider its impact on climate change, a decision that could complicate Pres. Trump's broader efforts to expand energy production on public lands. Mor...