NYSEARCA:ERX

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+2.46 (+2.72%)
At Close: Jun 03, 2026
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
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
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The Fed emergency rate cut was not bearish. OPEC runs into a brick wall. U.S. politics and crude oil. Equities continue to look awful. It is always darkest befo

Oil set to plunge another $10 on the open

05:15pm, Sunday, 08'th Mar 2020
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
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
Crude oil futures (USO -7.3%) extend losses, falling as much as 6.5% with OPEC+ talks said to be on the verge of collapse; April WTI -5.7% to $43.27/bbl, May Brent -5.6% to $47.18/bbl.Russia reportedl

Sam Zell is buying energy

01:10pm, Thursday, 05'th Mar 2020
Appearing on CNBC, Sam Zell says he isn't finding a ton to buy, excepting the energy space, where valuations have been "unjustifiably killed."He didn't disclose any names, but says he's been p
Crude oil prices (NYSEARCA:USO) popped higher following a Bloomberg report that OPEC ministers agreed to cut production by a larger than expected 1.5M bbl/day in response to the coronavirus, citing de
Crude oil futures (NYSEARCA:USO) turn negative following a WSJ report that Russia is still resisting Saudi Arabia's plan to deepen OPEC+ production cuts by 1.2M bbl/day despite pressure from the coron
Goldman Sachs forecasts global oil demand will shrink 150K bbl/day this year, including a global demand loss of 2.1M bbl/day in H1, and cuts its price forecast for Brent crude (NYSEARCA:BNO) to $47/bb
Crude oil prices pare earlier advances as OPEC's joint technical committee reportedly recommends the group cut crude production by 600K bbl/day in Q2 and extending existing cuts to the end of the year
Crude oil prices (NYSEARCA:USO) enjoyed a knee-jerk spike on the Fed rate cut, but immediately gave most of it back, as the main focus of traders remains OPEC.The group is expected to order a bigger o
Crude oil's (USO +3.9%) freefall comes to a halt, reversing last week's plunge to multi-year lows, on expectations that global central banks will provide stimulus that supports risky assets.April WTI
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