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RYE News and Press, Invesco S&P 500 Equal Weight Energy From 03/09/20

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Company Name: Invesco S&P 500 Equal Weight Energy
Stock Symbol: RYE
Market: NYSE

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RYE - Oil and gas stocks slaughtered; energy ETF -15%

The Energy Select SPDR ETF (NYSEARCA: XLE ) -15.2% pre-market in the wake of a tumultuous weekend in which crude prices fell more than 20% amid a price war between Russia and Saudi Arabia. More news on: Energy Select Sector SPDR ETF, Exxon Mobil Corporation, Chevron Corporati...

RYE - A Disaster For Oil As OPEC Fails To Address Falling Prices

At the end of last week, the price of nearby NYMEX crude oil futures fell below the December 2018 low. After trading to a high of $65.65 on January 8, when tensions between the US and Iran reached a boiling point, the price fell to a low of $41.77 on March 6, as the energy commodity took an el...

RYE - Energy stocks sink to 11-year low as Russia refuses OPEC oil plan

Energy sector stocks ( XLE -5.6% ) plunge after Russia shot down OPEC's plan to cut production by an additional 1.5M bbl/day in the wake of the coronavirus. More news on: Energy Select Sector SPDR ETF, Diamondback Energy, Inc., Devon Energy Corporation, Energy stocks news, Commodities ne...

RYE - Crude oil craters as OPEC+ talks on verge of collapse

Crude oil futures ( USO -7.3% ) extend losses, falling as much as 6.5% with OPEC+ talks said to be on the verge of collapse; April WTI -5.7% to $43.27/bbl, May Brent -5.6% to $47.18/bbl. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P GSCI Cr...

RYE - U.S. crude oil concludes worst week in more than 11 years

The U.S. benchmark oil price (NYSEARCA: USO ) plunged 16% in its largest weekly decline since December 2008 , as the spread of the coronavirus stokes fears of slowing global demand. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P GSCI Crude Oil To...

RYE - U.S. crude slumps to lowest settlement in more than a year

U.S. crude oil (NYSEARCA: USO ) tumbles to its lowest price in more than a year after hundreds of new coronavirus cases were reported in Asia, Europe and the Middle East, adding to fears of weaker energy demand. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ...

RYE - Energy sector now -18% YTD as oil prices remain under pressure

The energy sector ( XLE -4.8% ) is again the day's weakest performer, as crude oil tumbles for a third session on concerns about the spread of the coronavirus outside China and the potential impact on oil demand. More news on: Energy Select Sector SPDR ETF, Exxon Mobil Corporation, Occ...

RYE - Energy extends YTD loss to 15% as oil prices plunge

The energy sector ( XLE -4.5% ) is today's weakest performer, widening its YTD loss to 15% and a fresh low for the year, as crude prices plunge into bear territory amid weakening risk tolerance due to the continued spread of the coronavirus outside of China. More news on: Energy Select...

RYE - Oil prices -4% as spreading virus sparks demand concerns

Crude oil futures plunge as worries about the impact of the coronavirus spike, with the number of infections rising outside of China; April WTI -3.8% to $51.35/bbl, April Brent -4% to $56.17/bbl. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&...

RYE - Best And Worst Q1 2020: Energy ETFs And Mutual Funds

The Energy sector ranks fourth out of the 11 sectors as detailed in our Q1'20 Sector Ratings for ETFs and Mutual Funds report. Last quarter , the Energy sector ranked fourth. It gets our Neutral rating, which is based on an aggregation of ratings of the 183 stocks in the Energy sector. See ...

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