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Oil And Gas Stocks Tank With Record Supply Fueling Sector Sell Off: This Inverse ETF (DRIP) Offers A 200% Return

Direxion Daily S&P Oil & Gas Exp & Prod Bear 2X Shares (ARCA: DRIP) was rising about 4.5% Tuesday after data released by the Bureau of Labor Statistics showed the Consumer Price Index (CPI) eased to an annual rate of 3.1% in November,

DRIP

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Historic Low In Producer Short Positioning In Crude Oil: A Signal Of A Potential Major Shift In The Global Oil Market

The latest Commitment of Traders report (COT) raises questions about the future of the energy complex. Producer short positioning has hit its lowest level since August 2015, an indication that weakness in the oil market may not be a short-term phenomenon, but rather it could usher in a new dynamic within the global economy.

OXY