PXE News and Press, Invesco Dynamic Energy Exploration &Production From 08/27/19

By Dennis Coyne Seems we don't know what future completion rates will be in the Permian basin or anywhere. There are many different opinions on whether the completion rate might increase, decrease or stay the same. In my view, the conservative assumption is to assume they will not go up or...

US President Donald Trump and top White House officials dismissed concerns that US economic growth may be faltering, yet we still see a bearish forward view on the market from OPEC and the International Energy Agency. Brent crude edged closer to the $60 (SR2225) barrier over the course of ...

Brent crude remained below the $60 per barrel barrier but made a slight rebound over the week to finish at $58.64 per barrel. WTI also achieved a slight weekly rise to $54.87 per barrel. Global financial markets wobbled, with traders and speculators looking to cash out amid fears of a loomin...

The number of oil and gas wells in Texas readied for production fell nearly 12% Y/Y during the first seven months of this year, completing 5,749 wells through the end of July vs. 6,514 in the same period last year, according to the Texas Railroad Commission. More news on: Liberty Oilfiel...

Saudi Aramco's (ARMCO) panned multi-billion dollar investment in India's Reliance Industries is another major diversification move for the world's most profitable company. The world's top oil producer has signed a letter of intent to take a 20 percent stake in Reliance's oil-to-chemicals bus...

By Stacey Morris While recent oil price volatility has been in the spotlight, the weakness in natural gas prices has begun to cause headaches for upstream companies, with consequences for some midstream names. An oversupply of natural gas has sent prices to multi-year lows, creating challe...

Crude oil prices fall sharply in the wake of weak economic data from China and Europe and a rise in U.S. crude inventories, partly erasing yesterday's big gains; WTI -2.5% to $55.68/bbl, Brent -2.1% to $60.03/bbl. More news on: The United States Oil ETF, LP, Energy Select Sector SPD...

By Phil Flynn (Flash: The recent report that President Trump is delaying some tariff on China has boosted prices.) We had tanking Treasury yields, the shutdown of the Hong King airport, fears of an Argentinian debt default, federal government spending at a record $3.73 trillion in the ...

Crack spreads look gloomy. The best phrase to describe last week's oil market is "roller coaster." You wouldn't think so if you just looked at the week's ending numbers. Front-month light, sweet crude wrapped up Friday at $54.40 a barrel, just a 2% loss for the week. The ride to Friday's c...

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...