RYE News and Press, Invesco S&P 500 Equal Weight Energy From 04/01/20

The U.S. shale industry's high-pressured wells and short drilling time mean the group is well positioned to benefit if the current oil price plunge causes long-term damage to production capacity, resulting in a price jump when demand returns, says Goldman analyst Damien Courvalin, offering...

Question: Why are there so many ETFs? Answer: ETF providers tend to make lots of money on each ETF so they create more products to sell. The large number of ETFs has little to do with serving your best interests. We leverage our data to identify three red flags you can use to avoid the wor...

Oil and gas stocks suffer from another day of aggressive selling, causing the S&P energy sector ( XLE -5.1% ) to widen its Q1 loss to ~51%, even worse than the one-third loss in the financials group at the bottom of the quarterly standings. More news on: Energy Select Sector SPDR ETF...

As forecast last week, the spread of COVID-19 has generated severe financial market volatility, which was substantially worsened by the breakdown in production discipline within the global energy market, reflecting the stand-off between Russia and Saudi Arabia. This has triggered further sev...

Carnage and Armageddon are the appropriate descriptions for the events that transpired in the crude oil futures market in the aftermath of the May 6 OPEC meeting. Crude oil equities had been flashing a warning signal for more than one year. The prices of oil-related companies lagged crude oi...

Energy stocks ( XLE -3.3% ) take their customary place at the bottom of the S&P 500 sector standings, with crude oil down another ~2% after Saudi Arabia unveiled plans to  raise its production capacity by a further 1M bbl/day to 13M bbl/day. More news on: Energy Select Sector S...

The Trump administration is strongly considering pushing federal assistance for oil and natural gas producers ( XLE +3.1% ) hit by plummeting oil prices, the Washington Post reports. More news on: Energy Select Sector SPDR ETF, Continental Resources, Inc., SPDR S&P Oil & Gas ...

America's days as a net petroleum exporter "may be numbered ," as plunging oil prices threaten domestic production, Bloomberg writes. More news on: Exxon Mobil Corporation, Occidental Petroleum Corporation, Chevron Corporation, Energy stocks news, Commodities news, News on ETFs, Read...

Crude oil concludes its worst day since the 1991 Gulf War after Saudi Arabia slashed prices and promised to raise production. More news on: The United States Oil ETF, LP, United States Brent Oil Fund, LP, Energy Select Sector SPDR ETF, Energy stocks news, Commodities news, Stocks on the ...

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...