PXE News and Press, Invesco Dynamic Energy Exploration &Production From 09/14/20

By Stuart Cartner , Portfolio Manager ; Shawn Amini , Senior Analyst Understanding the future for hydrocarbons and the investment opportunities that exist We encounter petroleum 1 products on an almost constant basis - like something as inconspicuous as an iPhone case or ...

Welcome to the more downside edition of Oil Markets Daily! We have received a lot of messages recently about whether or not now is the time to buy this dip. The answer is no. Not only has the E&P sector ( XOP ) broken down support at $47, but WTI, in our view, is likely to test t...

Lower oil prices and production have undoubtedly been the focus of many energy investors over the last few months. Even with the recent stabilization of WTI crude around $40 per barrel, oil prices are still well below pre-COVID levels. However, another less frequently discussed side of energy ...

Apache ( APA ,  -9.5% ) is the worst-performing stock in the S&P 500 today, with oil and gas exploration and production stocks sinking along with crude prices . More news on: Invesco Exchange-Traded Fund Trust - Invesco Dynamic Energy Exploration & Production ETF, Apache Corp...

By Ovi All of the oil (C + C) production data for the US states comes from the EIAʼs Petroleum Supply monthly PSM . After the production charts, an analysis of three EIA monthly reports projecting future production is provided. The charts below are updated to June 2020 for the 10 l...

Oil prices moved in the narrowest range ever this past week. Brent crude oil fell by only 10 cents from the week earlier to close at $43.14 per barrel while WTI moved higher by only 4 cents to $40.59 per barrel. These prices are extremely close to the July average for both benchmarks so far. ...

All OPEC data below is from the July 2020 OPEC Monthly Oil Market Report . All OPEC data is through June 2020 and is in thousand barrels per day. All copied and pasted texts are in italics. OPEC cut further in June, down almost 1.2 million barrels per day. They are down about 6.8 millio...

After the long, slow downturn that began in late 2014, this year was set to be better with many dormant regions resuming exploration and long-awaited development drilling programmes going ahead. Then, in mid-March, a double disaster struck as an oil price crash coincided with a global pandemic...

This is why the "rig count" data matters less every day. The updated E&P (Oil and Gas Exploration & Production) Indices lag conditions in the industry by 2 months. As expected, both reflect the downturn due to the imposition of a nationwide shutdown in response to COVID-19. The level...

While holiday weekends are normally quiet, Dominion Energy (D) made a splash on Sunday by announcing the sale of natural gas infrastructure to Berkshire Hathaway (BRK.A) (BRK.B) in a deal valued near $10 billion and simultaneously cancelling the embattled Atlantic Coast Pipeline ((ACP)) ...