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RECENT DRIP NEWS
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Oil companies are burning a record amount of natural gas instead moving it to market and selling it, according to a new report from the U.S. Energy Information Administration. More news on: The United States Natural Gas ETF, LP, The Williams Companies, Inc., Energy Select Sector SPDR E...
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Gainers: Velocity 3X Long Crude Oil (NYSEARCA: UWT ) +18.7% . More news on: VelocityShares 3x Long Crude Oil ETN, USCF Funds Trust - United States 3x Oil Fund, ProShares Trust II - ProShares UltraPro 3x Crude Oil ETF, News on ETFs, Stocks on the move, Read more ...
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Nigeria seems fully committed to the implementation of its quota as agreed with OPEC+. According to the country's minister for state of petroleum, Nigeria's compliance has improved since August. Production of crude stood close to 1.8 million b/d in October, much lower than the 1.96 million b/d...
DRIP News and Press, Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3X Shares
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Oil companies are burning a record amount of natural gas instead moving it to market and selling it, according to a new report from the U.S. Energy Information Administration. More news on: The United States Natural Gas ETF, LP, The Williams Companies, Inc., Energy Select Sector SPDR E...
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Gainers: Velocity 3X Long Crude Oil (NYSEARCA: UWT ) +18.7% . More news on: VelocityShares 3x Long Crude Oil ETN, USCF Funds Trust - United States 3x Oil Fund, ProShares Trust II - ProShares UltraPro 3x Crude Oil ETF, News on ETFs, Stocks on the move, Read more ...
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Nigeria seems fully committed to the implementation of its quota as agreed with OPEC+. According to the country's minister for state of petroleum, Nigeria's compliance has improved since August. Production of crude stood close to 1.8 million b/d in October, much lower than the 1.96 million b/d...
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Crude oil ( USO +3.4% ) powers higher amid optimism that the OPEC+ group could approve deeper production cuts when they meet in Vienna this week, with further support from industry data showing a larger than forecast drop in U.S. crude stockpiles. More news on: The United States Oil ...
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The S&P energy sector ( XLE +0.3% ) is bucking the downward slide in the broader market as January WTI crude oil +1.6% to $56.05/bbl, topping its 50-day moving average of $55.59/bbl. More news on: Energy Select Sector SPDR ETF, Marathon Oil Corporation, Cimarex Energy Co., Energy...
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This is a guest post by Ovi. All of the oil production data for the states comes from the EIAʼs Petroleum Supply Monthly . The charts below are updated to September 2019 for the largest US oil-producing states (>100 kb/d). There continues to be much speculation and informati...
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OPEC will meet next week on Dec. 5-6 Although Brent crude dropped below $63 per barrel by the week closing, oil prices are still very close to the levels that prevailed around OPEC's meeting six months ago when an output cut rollover was suggested till March 2020. OPEC will meet next wee...
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US shale producers are cutting spending for the second year in a row. That raises questions about shale's medium- to long-term resilience as it struggles with sustaining the key WTI breakeven point of $50 per barrel. The oil industry used to believe that shale fracking was profitable at well...
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US crude inventories rose by 1.8 million barrels despite refinery runs increasing by 519,000 bpd. Oil prices were relatively steady with Brent crude holding above $63 per barrel, near an eight-week high, and WTI finishing above $57 per barrel. The physical spot market is getting tighter ...
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Gainers: Direxion S&P Oil & Gas Expl Bear 3X (NYSEARCA: DRIP ) +12.6% . More news on: Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 3x Shares ETF, Direxion Daily S&P Biotech Bull 3x Shares ETF, Direxion Daily Natural Gas Related Bear 3X Shares ETF, Ne...
