Direxion Dly S&P Oil&Gs Ex&Prd Br 3X ETF News

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."

The energy sector (XLE -1.6%) is today's weakest performer - again - widening its Q1 loss so far to 11.3% vs. a 4.2% quarter-to-date gain in the S&P 500, as "risk aversion has returned to the

Crude oil futures scored their first weekly gain in six weeks , as investors bet the economic impact of the coronavirus would be short-lived. U.S. WTI crude closed +1.2% today to cap a 3.4% gain on th

The energy sector (XLE +1.5%) is easily the top performer in the early going, lifted by a sharp rally in crude oil on speculation that Russia will agree to go along with a production cut that has been

The energy sector (XLE -0.9%) extends its recent weakness, dropping back near last week's lows amid continued worries that the spreading coronavirus will weigh on demand and economic growth.WTI March

WTI March crude oil closes -1.2% at $50.32/bbl for a 2.4% decline this week, marking a fifth straight weekly fall, as strong U.S. economic data failed to offset concerns over the global economy fed b

Crude oil prices soar following reports that scientists have developed an effective drug against the coronavirus; March WTI (NYSEARCA:USO) +4.2% to $51.70/bbl, April Brent (NYSEARCA:BNO) +4.3% to $56.

The macro landscape for midstream remains constructive, with US energy production and exports expected to continue growing over the long term. Many midstream co

Crude oil stages a modest rebound from one-year lows, as investors bet OPEC and its allies will agree to deeper production cuts to combat the global economic impact of China's coronavirus.U.S. WTI cru

Saudi Arabia reportedly is pushing for a sharp short-term oil production cut in response to the China coronavirus, although OPEC and its allies are split for now over how they should manage supply.Und

After scaling new highs to start the year on the initial U.S.-China trade deal, Wall Street is badly shaken by the fast-spreading coronavirus that has led to fears of a worldwide pandemic.

The S&P energy sector (NYSEARCA:XLE) plunged 11% in January, by far the weakest performance of the 11 groups in S&P 500, which fell 0.2% after today's selloff.The fortunes of energy stocks of

Crude oil futures fell more than 2% amid growing worries over the potential economic impact from the continued spread of the coronavirus.WTI March crude (NYSEARCA:USO) settled -2.2% to $52.14/bbl, th

Some of the largest US and Canadian midstream companies are guiding to robust annual dividend growth in 2020. The midstream space can be divided almost equally

Despite the substantial decline in the US rig count in 2019, oil and gas production continued to expand at a robust pace. Shale optimists like to focus on conti