Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH) — ()
Key Metrics
News
Why OPEC+ is accelerating oil production as prices are tanking and tariffs hammer markets
Published: by:
Sentiment: Negative ()
The oil price outlook is being hit with more bearish forecasts on the back of U.S. President Donald Trump's sweeping and market-hammering tariff announcements. Markets were therefore stunned when OPEC+ …
Read More
BP chair Helge Lund to step down after oil major pledges strategic reset
Published: by:
Sentiment: Neutral ()
British oil major BP on Friday said its chair Helge Lund will step down, kickstarting a succession process with support from the wider board.
Read More
Goldman cuts oil price forecasts amid tariff fears, higher OPEC+ supply
Published: by:
Sentiment: Negative ()
Goldman Sachs lowered its forecast for Brent crude's average price this year by 5.5% to $69 a barrel and for WTI prices by 4.3% to $66, citing the risks of …
Read More
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 5% As Traders React To Trump Tariffs
Published: by:
Sentiment: Negative ()
OPEC+ decision to boost production in May put additional pressure on markets.
Read More
Oil prices plunge as OPEC+ boosts output
Published: by:
Sentiment: Negative ()
Oil prices plunged on Thursday, marking the steepest decline since 2023, as markets reacted to a combination of increased OPEC+ production and new U.S. tariffs that heightened concerns over global …
Read More
Oil Prices Drop Amid Worries About Trump Tariffs as OPEC+ Increases Supply More than Expected
Published: by:
Sentiment: Negative ()
Oil prices dropped Thursday amid worries about an escalating trade war from Trump's tariffs, as OPEC and its allies sped up plans to increase output and unwind supply cuts.
Read More
Eight OPEC+ producers accelerate crude oil output hikes, pushing oil prices down 6%
Published: by:
Sentiment: Neutral ()
Eight key OPEC+ producers on Thuesday agreed to raise combined crude oil output by 411,000 barrels per day, speeding up the pace of their scheduled hikes and pushing down oil …
Read More
Oil News: Crude Plunges Over 3% After Trump Tariff Surprise and Stock Build
Published: by:
Sentiment: Negative ()
Crude oil tumbles over 3% as Trump's tariffs spark demand fears and inventories rise, pressuring oil outlook and triggering a bearish turn in futures.
Read More
Trump Tariffs: Oil Prices Slump as Levies on China, Other Nations Threaten Demand
Published: by:
Sentiment: Negative ()
Oil prices fell after US President Donald Trump rolled out tariffs on major trading partners, including China and the European Union. Oil, natural gas and energy products are among exempted …
Read More
Natural Gas and Oil Forecast: Can WTI Rebound After 6M Barrel Inventory Shock?
Published: by:
Sentiment: Positive ()
WTI crude dropped near $69 after a 6M barrel inventory build. Can demand recover amid geopolitical tensions and rising Canadian imports?
Read More
Oil Prices Drop as Trump's Tariff Policy Sparks Global Trade War Fears
Published: by:
Sentiment: Neutral ()
WTI crude oil has hit the resistance at $72.50, while natural gas remains bullish within its upward price structure.
Read More
Oil sinks nearly 3% after Trump announces sweeping new tariffs
Published: by:
Sentiment: Negative ()
Oil prices dropped $2 on Thursday after U.S. President Donald Trump announced reciprocal tariffs on trading partners, stoking concerns that a global trade war may dampen demand for crude.
Read More
Oil Slides as Trump Tariff Announcement Sparks Fears of Global Slowdown
Published: by:
Sentiment: Negative ()
Oil slid in the morning Asian session as President Trump's tariff announcement sparked fears of a global economic slowdown that could reduce oil demand.
Read More
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Russia Curbs Export Capacity In The Black Sea
Published: by:
Sentiment: Positive ()
Oil markets are moving higher as traders bet on tight supply.
Read More
Trump targets this oil-rich nation with 'secondary tariffs'
Published: by:
Sentiment: Negative ()
Former Trump Energy Secretary Dan Brouillette analyzes President Donald Trump's plan to impose a 'secondary tariff' on Venezuelan oil on 'Varney & Co.' #foxbusiness #varney
Read More
Crude Inventories Rise By 6.2 Million Barrels; WTI Oil Tests The $71.50 Level
Published: by:
Sentiment: Neutral ()
Gasoline inventories fell by 1.6 million barrels from the previous week.
Read More
Crude Oil Price Outlook – Oil Continues to See Overhead Resistance
Published: by:
Sentiment: Neutral ()
The oil market continues to see a lot of overhead resistance at the moment, but I still think this is a situation where we are still buyers of dips going …
Read More
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Trump Warns Of Potential Tariffs On Buyers Of Russian Oil
Published: by:
Sentiment: Negative ()
Trump's threats against Iran provided additional support to oil markets.
Read More
Why Trump's promised ‘Liberation Day' tariffs may cause ‘correction day' for oil
Published: by:
Sentiment: Negative ()
Oil markets were strengthening to start the week, but expectations that energy demand will take a hit from President Donald Trump's planned rollout of reciprocal tariffs this Wednesday signal an …
Read More
Crude Oil Price Outlook – Crude Continues to Attempt to Build Momentum
Published: by:
Sentiment: Positive ()
The crude oil markets continue to attempt to break higher. After initially trying to find the bottom of the three year range, and at this point in time, the oil …
Read More
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats On Profit-Taking
Published: by:
Sentiment: Negative ()
Oil traders take some profits off the table ahead of the weekend.
Read More
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Are Flat As Traders Wait For Catalysts
Published: by:
Sentiment: Positive ()
Oil traders stay bullish and quickly buy any pullbacks.
Read More
Oil executives bluntly criticize Trump tariffs and 'drill, baby, drill' in anonymous survey
Published: by:
Sentiment: Negative ()
Oil executives issued scathing criticism of President Donald Trump's policies in anonymous responses to a survey by the Federal Reserve Bank of Dallas. They said Trump's tariffs and his "drill, …
Read More
Oil News: Crude Struggles at 200-Day MA as Resistance Caps Bullish Momentum
Published: by:
Sentiment: Neutral ()
Crude oil dips after testing 200-day MA. Traders weigh Venezuela sanctions, auto tariffs, and OPEC supply plans in shaping oil market sentiment.
Read More
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs As Crude Inventories Fall
Published: by:
Sentiment: Neutral ()
Venezuela supply worries provide additional support to oil markets.
Read More
US oil and gas activity edged up in the first quarter, Dallas Fed says
Published: by:
Sentiment: Neutral ()
Activity in the U.S. oil and gas sector increased slightly in the first quarter of 2025, but uncertainty and pessimism among companies also rose, a Dallas Fed survey showed on …
Read More
Crude Inventories Drop By 3.3 Million Barrels; WTI Oil Tests The $70.00 Level
Published: by:
Sentiment: Neutral ()
Gasoline inventories declined by 1.4 million barrels.
Read More
Natural Gas and Oil Forecast: Uptrend Intact for Brent as Bulls Defend $72.62 Pivot
Published: by:
Sentiment: Positive ()
Brent oil's bullish structure holds above $72.62. Price action supported by EMAs, with breakout potential toward $74.91 if $73.62 is breached.
Read More
Oil Rises Amid Supply Concerns
Published: by:
Sentiment: Positive ()
Oil rose in early Asian trade amid supply concerns. Crude oil prices could be more volatile as market participants navigate the uncertainty around recent global developments, Tickmill said.
Read More
Oil edges higher on tighter supply concerns
Published: by:
Sentiment: Positive ()
Oil prices climbed on Wednesday in early Asia trade on concerns of tighter supplies after U.S. President Donald Trump threatened tariffs against countries importing oil and gas from Venezuela and …
Read More