Tag: DDG

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Oil Dips (Again)

Some analysts point to over production as a driver of lower crude prices. The International Energy Agency reports that OPEC has increased production by 330,000 barrels a day since April as some members ignore quotas to generate additional revenue to help cope with the recession.

Investing in Oil and Gas Services with ETFs

Oil Services ETFs provide investors a way to take a position in Oil Services with instant diversification and at a low cost.

ProShares Launches Short ETFs – Energy and Financials

ProShares added two ETFs to their Short line-up this week – Short Oil & Gas (DDG) and Short Financials(Amex: SEF). Both ETFs have a daily objective of 100% of the inverse of their benchmark index.

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