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home / news releases / OLOXF - Crude Oil Prices Turn North Following Long-Term Fundamentals

OLOXF - Crude Oil Prices Turn North Following Long-Term Fundamentals

DB Crude Oil Long Exchange Traded Notes due June 1 2038

2024-04-04 12:40:19 ET

Summary

  • Crude oil pricing has been increasing due to long-term fundamentals and small changes that will have long-term impacts.
  • OPEC predicts robust world oil demand growth in 2025 and expects hydrocarbons to continue accounting for 80% of the world's energy supply.
  • Total inventories of crude and products have fallen significantly year over year, and U.S. production has peaked and fallen.

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For further details see:

Crude Oil Prices Turn North Following Long-Term Fundamentals
Stock Information
Company Name: DB Crude Oil Long Exchange Traded Notes due June 1 2038
Stock Symbol: OLOXF
Market: OTC
Website: www.db.com/india
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