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

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

Pres. Trump says he has instructed the U.S. Department of Energy to buy "large quantities of crude oil. right up to the top" for the Strategic Petroleum Reserve.WTI April crude oil jumps ~$2/b

Several oil companies hit by the price war between Saudi Arabia and Russia are encouraging the Trump administration to waive the Jones Act, a law that mandates only U.S. vessels can be used to transpo

The S&P 500 energy sector (XLE -10.7%) is today's worst performer, bringing its week-to-date losses to 29% and year-to-date losses above 50%.The basis for today's sharp selloff remains much the sa

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 capaci

Midstream MLPs are better positioned for this downturn than in 2014, and distributions may be more resilient than in the past given the more sustainable busines

U.S. crude oil futures followed their largest percentage loss since 1991 with a 10% rebound, helped by reports that Russian had not ruled out measures with OPEC to stabilize oil markets.WTI April cru

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.Federal assistance r

America's days as a net petroleum exporter "may be numbered," as plunging oil prices threaten domestic production, Bloomberg writes.The U.S. only in recent months began exporting more oil than

Crude oil concludes its worst day since the 1991 Gulf War after Saudi Arabia slashed prices and promised to raise production.April WTI (NYSEARCA:USO) settled -24.6% to $31.13/bbl, the benchmark's seco

It's OK to be nervous these days, but it's not OK to panic. Serious dividend growth investors rarely sell a dividend aristocrat stock - unless. This too shall p

The Energy Select SPDR ETF (NYSEARCA:XLE) is -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.Among so

Veteran oil trader Mark Fisher tells CNBC's Scott Wapner that oil is indicated to open below $32 per barrel - nearly $10 less than where it closed on Friday, and about $15 per barrel below where it cl

Gainers: VS 2X VIX Short Term (NASDAQ:TVIX) +63.9%.Direxion S&P Oil & Gas Expl Bear 3X (NYSEARCA:DRIP) +59.2%.Direxion Natural Gas Bear 3X (NYSEARCA:GASX) +53.8%.Ultra VIX Short-Term Fut Prosh

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.Crude oil futures crash as much as 9%, with Ap