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

Cowen's Washington watcher Chris Krueger suggests that if the Fed's goal is to save jobs, more help is needed for high-yield issuers, i.e. energy oil and gas producers.While the president has talked a

Tightening financial conditions can raise concerns about a company's ability to access capital markets, and a downgrade from investment grade to high yield can

Starting October 2018, well before the spread of the novel coronavirus, the price of oil began slipping. Following the 9.7 million bpd production cut announced

Energy stocks (XLE -1%) are well off their early morning lows even as WTI front-month crude oil tumbles more than 40% to as low as $10.34/bbl, the lowest since April 1986 on an intraday basis.May WTI

We reconfirm the business case for oil in an energy hungry world. We venture a guess about the lasting impact of the coronavirus on people's behavior. Document

The energy sector (XLE +6.3%) is flying to the top of today's S&P leaderboard despite more big losses in oil prices, with WTI May crude -8.7% to $18.13/bbl, trading at levels last seen in late 200

The Trump administration is considering paying U.S. oil producers to essentially stop producing, in a bid to help alleviate the oversupply in the market that has pushed crude prices to 18-year lows, B

Energy (XLE -6.7%) tumbles to the bottom of the early S&P sector standings, now down 7.2% for the week but up 8% since the end of March.Today's selling comes after WTI crude touched a fresh YTD lo

Energy shares (NYSEARCA:XLE) have slipped to the bottom of the S&P sector standings as WTI crude futures plunge as much as 11% before settling -10.3% to $20.11/bbl (CL1:COM), as demand weakness ex

Revealing more about the Momentum Gauge model in a new section to help you use the best types of trades for the best returns during different cycles. Two sample

There are certainly some signs of recovery across the offshore drilling industry, although it is a weak recovery. Ultra-deepwater in particular is showing some

Today's oil production agreement in principle between Saudi Arabia and Russia could be in trouble after Mexico refused to participate in the cutbacks and left the OPEC+ meeting without approving the d

Energy stocks (XLE +3%) are off to another strong start as OPEC+ opens its virtual meeting, apparently moving closer to a deal to curb production in an attempt to tackle the unparalleled impact of the

This crash could add the finishing touches to the grand reshuffling of the upstream service sector that started in 2014. Out of fear, buyers have deferred a sig

Revealing more about the Momentum Gauge model in a new section to help you use the best types of trades for the best returns during different cycles. Two sample