PXE News and Press, Invesco Dynamic Energy Exploration &Production From 09/19/19

Oil prices surged Monday after attacks on Saudi Arabia’s Abqaiq processing plant and Khurais oil field Saturday suspended more than half the country’s oil production. While the ultimate impact will depend on a combination of the extent of damage, the U.S. and Saudi response, and ...

Oil prices surge after an attack on Saudi Arabian oil facilities halved the kingdom's production. Michael O'Brien, Portfolio Manager, TD Asset Management, speaks with Anthony Okolie about the implications for the energy Read more ...

The steepest single day fluctuation in oil history took place when Brent crude price skyrocketed by 19 percent to $71.95 per barrel on the market opening on Monday. It followed the attacks on the world's largest crude oil processing facility in Saudi Arabia - itself the world's largest oil exp...

U.S. WTI October crude oil (NYSEARCA: USO ) settled -5.7% to $59.34/bbl, near its lows of the day following news that Saudi energy minister bin Salman said oil production capabilities were fully restored and that oil output will return to pre-attack levels by the end of this month . ...

Crude oil plunges suddenly in reaction to a Reuters report that says Saudi Aramco is close to restoring 70% of the 5.7M bbl/day of production knocked offline by the weekend attacks, and output likely will be fully back online in the next 2-3 weeks. More news on: The United States Oil ET...

All 28 names in the Energy Select SPDR (NYSEARCA: XLE ) are in the green in premarket action thanks to   oil's 8% surge . More news on: Energy Select Sector SPDR ETF, Exxon Mobil Corporation, Chevron Corporation, Energy stocks news, Stocks on the move, Top Breaking stock news, News o...

By Warren Patterson, Head of Commodities Strategy This past weekend has seen significant attacks on Saudi Aramco facilities, which has led to the disruption of 5.7MMbbls/d of oil production. For now, it is still uncertain how long this disruption will last, but what is clear is that the...

Although oil prices weakened compared to a week earlier, Brent crude remained above the $60 barrier. WTI softened to $54.85 per barrel. Oil prices have fallen by about $10 per barrel from a peak in early April, but remain broadly stable. The appointment of the new Saudi energy minister brought...

The Trump administration took a major step yesterday toward opening oil drilling (NYSEARCA: XLE ) in Alaska's Arctic National Wildlife Refuge, releasing a finding that energy development would have minimal environmental impact. More news on: Energy Select Sector SPDR ETF, SPDR S&P Oi...

Sentiment in the oil market can at best be described as depressed. Implied demand at the end of 2018 through mid-2019 suffered as the effects of trade tensions and the manufacturing slowdown sapped demand for refined petroleum products. Most macro forecasts are calling for oil surpluses in 2...