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PXE News and Press, Invesco Dynamic Energy Exploration &Production From 08/13/19

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Company Name: Invesco Dynamic Energy Exploration &Production
Stock Symbol: PXE
Market: NYSE

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PXE - Oil price pops as U.S.-China trade hopes rebound

Crude oil surges out of the red after the U.S. said it was delaying China tariffs on several items including cellphones and clothing while outright removing some items from a list of proposed new tariffs; WTI  +3.5% to $$56.84/bbl, Brent +3.7% to $60.77/bbl. More news on: Energy...

PXE - Interior Department sets plan to ease Endangered Species Act regulations

The Trump administration today announced final plans to roll back of protections for endangered species , including allowing economic factors to be weighed before adding an animal to the list, a move that could expand oil and gas drilling and other development in the U.S. More news...

PXE - Weekly Energy Recap: Pondering Permian Pipeline

A pump jack operates in the Permian Basin oil production area near Wink, Texas U.S. August 22, 2018. (Reuters) Oil prices tumbled last week as Brent crude fell below $60 per barrel for the first time in eight months. Brent finished at $58.53 while WTI fell to $54.50 per barrel. Some anal...

PXE - EPA seeks limits on state powers to block pipelines, terminals

The Environmental Protection Agency unveils a proposal that would curb state powers to block pipelines and other energy projects, as part of the Trump administration's effort to boost development of domestic oil, gas and coal. More news on: Energy Select Sector SPDR ETF, Vanguard Energy ...

PXE - Crude Oil Trade: Nigerian Liftings Up In July As USA Strengthens Their Share

August didn't start well for the West African crude oil producer. Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), one of the country's main trade unions, came close to industrial action last week over a staffing dispute with Chevron (CVX). NUPENG had accused the US oil major of d...

PXE - Weekly Energy Recap: China Highlights Demand Strength

Oil has been under pressure from concerns over global economic growth amid ongoing US-China trade tensions. (Reuters) Upcoming September crude oil trading was completed without a single unsold Gulf crude cargo. An eventful week ended with downward momentum for oil prices. Brent crude f...

PXE - Oil prices plunge, crushing energy stocks, following Trump tweet

Energy stocks ( XLE -2.5% ) are slammed after Pres. Trump tweets he will place an additional 10% tariff on the remaining $300B of Chinese goods and products effective Sept. 1, sparking more worries about a global economic slowdown. More news on: Energy Select Sector SPDR ETF, Concho ...

PXE - Energy Recap: All About Permian, Not Politics

A Port Authority officer points at the Bavand, one of two stranded Iranian vessels, anchored at the port in Paranagua, Brazil, Thursday, July 25, 2019. ((AP)) Oil prices remain relatively stable and ended on Friday with slight losses, taking them close to where they started the week. Brent...

PXE - Oilfield service firms see grim outlook ahead

Helmerich & Payne (NYSE: HP ) fell to six-month lows in today's trade as CEO John Lindsay warned of more pain ahead in the downtrodden oilfield services industry. More news on: Helmerich & Payne, Inc., Patterson-UTI Energy, Inc., Superior Energy Services, Inc., Energy stocks...

PXE - Halliburton +8% after idling fracking gear, cutting costs

Halliburton ( HAL +8.1% ), the worst performer in the S&P 500 over the past year, is today's biggest gainer in the index after beating Q2 earnings expectations and saying it idled unused fracking equipment and cut 8% of its North American workforce, rising more than 8% for its bigg...

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