|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||26.64 - 28.70|
|52 Week Range||21.37 - 44.29|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.95%|
Oil price climbed more than 2% in the last trading session buoyed by tensions in the Middle East and the possibility of further falls in Venezuelan output.
Energy equities and the related exchange traded funds (ETFs) were drubbed in February. For example, the Energy Select Sector SPDR (NYSE: XLE ), the largest energy sector ETF, plunged 10.8 percent last ...
Energy has been on a wild ride since President Trump’s inauguration, having somewhat to do with the administration and somewhat not. A lot of the down ride came just from an oversupply globally of crude oil. The rally then came from OPEC trying to hold supply and getting Russia to do the same.
View more earnings on ERY See more from Benzinga Some Traders Turn Bearish On Energy Sector © 2018 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
The stock market across the globe continues to show strong complacency this year amid record levels of corporate debt and a flattening yield curve. The combination of factors including strong corporate earnings, solid momentum in the global economy, booming trade, jump in oil prices and weak dollar are powering the global rally. Trump’s tax overhaul and a spending spree are boosting investors’ confidence in the world’s largest economy while China, the world’s second largest economy, is holding up well.
Oil price is on a fantastic run thanks to geopolitical uncertainty, tightening supply and soaring demand, setting the stage for a strong rally in the energy stocks for the near term.
Leveraged exchange traded funds (ETFs) can be ideal ways for aggressive traders to exploit global events and related headlines, such as meetings of the Organization of Petroleum Exporting Countries (OPEC). ...
Sector rotation is one of the most primordial portfolio strategies at hand for traders and investors attempting to consistently capitalize on broad economic trends playing out in the market. Essentially, ...
The energy sector, as tracked by the Energy Select Sector SPDR Fund (XLE), has lost ~17.0% year-to-date as of August 31.
Summer months have a tendency to be unfavorable for the stock market. Empirical evidence has shown that average returns for the S&P 500 are negative during summer months.
The EIA estimates that OPEC’s crude oil production fell by 150,000 bpd to 32.77 MMbpd (million barrels per day) in August 2017—compared to July 2017.
Following some bullish inventories data released this week, some traders are renewing their interest in oil-related exchange traded products, including the United States Oil Fund (NYSE: USO ). USO, the ...
The U.S. Energy Information Administration reported that US gasoline inventories rose 35,000 barrels to 229.9 MMbbls (million barrels) between August 18 and 25, 2017. Inventories fell 2.1 MMbbls, or 0.9%,…...
Spoiler alert: A leveraged exchange-traded fund will be highlighted here, and while the opportunity to be discussed involves the month of September, traders should remember that leveraged ETFs are best ...
The US Commodity Futures Trading Commission reported on Friday, August 25, that hedge funds have cut back their bullish positions in US crude futures and options.
On August 14, 2017, ConocoPhillips’s (COP) total shares shorted (or short interest) stood at ~33.4 million, while its average daily volume was ~8.02 million. This means the short interest ratio…
As of August 14, Southwestern Energy’s total shares shorted (or short interest) stood at ~45.89 million, while its average daily volume is ~17.44 million.
As of August 14, 2017, Marathon Oil’s total shares shorted (or short interest) stood at ~36.65 million, while its average daily volume is ~15.94 million.
India’s Petroleum Planning and Analysis Cell estimated that the country's crude oil imports rose 0.60% to 4.2 MMbpd in July 2017 from July 2016.