ProShares UltraShort Real Estate -2x Shares, known as Saras S.p.A., is a prominent player in the oil refinery sector with a global presence. Founded in 1962 and based in Milan, Italy, Saras not only refines oil but also markets and distributes a wide range of oil products including diesel, gasoline, and aviation fuel. Beyond its core refinery operations, the company is involved in renewable energy, boasting facilities for electricity generation from both gasification and wind. Saras also offers expertise in consultancy and engineering across various industries, highlighting its diversified interests and commitment to innovation.