MicroSectors U.S. Big Oil Index -2X Inverse Leveraged ETNs NRGZ
19.68 USD 0.00 (+0.00%)
Dec 15, 2020, 3:49 PM EST
19.56 Day range 19.80
19.56 52-week range 188.47
News
seekingalpha.com A Negative Long-Term Stance On The Energy Sector A Negative Long-Term Stance On The Energy Sector
seekingalpha.com Options Mania Is Exerting Influence On Equity Price Action: Harrison Retail investors are leading a speculative mania over options, a trend that predates COVID but which is being exacerbated by it.
seekingalpha.com Weekly Energy Recap: Oil Slides Crude oil prices slid for a second consecutive week. Brent crude retreated to $39.83 per barrel and dipped below the $40 barrier for the first time since June.
seekingalpha.com Energy Policy Hangs In The Balance As The U.S. Election Nears The incumbent is an advocate for US energy independence. The Green New Deal on the other side of the aisle.
seekingalpha.com WTI Likely To Move And Retest $35 It's not the time to buy this dip as we see WTI testing $35. XOP has also broken down from the previous support and likely headed for $41.
seekingalpha.com ETF Deathwatch For August 2020 Twenty-six exchange-traded products were added to the list, and 40 funds were removed, making August a busier month in terms of removals.
seekingalpha.com Natural Gas And NGLs: A Bright Spot In Energy Natural gas prices have increased significantly year-to-date on the back of an improved supply-demand balance, and NGL prices are nearly flat on the year even as oil is still down significantly.
seekingalpha.com The Daily Dose; Brent Is In Correction Mode Brent is officially in correction mode, shedding just over 10% of its value during September. Lackluster demand and ill-timed OPEC liberation leaves the market off balance.
seekingalpha.com Open Insights: EIA's Weekly Petroleum Report (08/28/20) We review EIA's Weekly Petroleum Status Report for the week of August 28, 2020. Crude inventories decreased by 10.6M barrels and petroleum products increased by 1.7M barrels.
seekingalpha.com Weekly Energy Recap: Falling Oil Prices Revive Concerns About The Slow Pace Of Recovery Oil prices retreated after last week's rebound, as Brent dropped to $42.66 per barrel and WTI weakened to $39.77 per barrel.
seekingalpha.com Saudi Crude Shipments Plunge: Understanding Why In March and April, the market was up in arms about VLCCs from the Saudis coming to the US Gulf. This move was viewed by many almost as an act of war - financial aggression aimed to take down the…
seekingalpha.com Saudi Arabia Very Serious About Eliminating The Storage Build In The U.S. Saudis have dropped exports to the US to just ~167k b/d in August. This will push US crude imports from Saudi even lower in the coming weeks.
seekingalpha.com Bullish And Bearish Factors In The Crude Oil Market- The Signs Still Point Higher Consolidation in crude oil continues. The price continues to make marginal new highs.
seekingalpha.com U.S. June Oil Production Rebounds June's production rebounded from May's low by adding 420 kb/d. May's output was revised up by 15 kb/d from the EIA's July report.
seekingalpha.com Hurricane Laura Set To Impact Weekly Estimate And Oil Production Average This week's EIA oil storage report will be materially impacted by Hurricane Laura. Platts estimated that ~2.3 mb/d of nameplate refinery capacity was impacted by the storm.
seekingalpha.com Oil Update - August 2020 For those that are brave enough to invest in energy companies, I suggest sticking with strong, well-capitalized companies that can withstand lower prices for longer periods.
seekingalpha.com Futures Are Hard - Hurricane Edition While a lot of us were left scratching our heads on how futures markets could see crude oil go negative back in March, hurricanes give a great example of how futures markets work with different…
seekingalpha.com Hurricane Laura Lifts Oil Prices The MSCI Asia Pacific Index had reached seven-month highs on Tuesday, but Japan, China, and Australian stocks saw modest profit-taking today.
seekingalpha.com Weekly Energy Recap: Contrasting Notes - But The Story Is The Same The two international oil benchmarks ended the week on contrasting notes, as Brent edged lower after two weeks of gains to $44.35 per barrel, while WTI advanced to $42.34 per barrel.
seekingalpha.com Oil Prices Have Nowhere To Go But Down From Here Oil prices have almost been stable in August so far. But the question is, where will the markets move from here? There has been a misplaced optimism in play that forced prices to move up; however,…