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home / news releases / DBO - OPEC Data Supports The Bullish Thesis


DBO - OPEC Data Supports The Bullish Thesis

In its latest monthly report covering through the month of June for 2019, OPEC came out with some interesting data that tells something of a mixed story for oil investors and other market participants. For this year, the picture looks to be incredibly bullish, but while bears might point out that 2020 looks set to reverse the current course, this should be mitigated by Russia and by declines happening this year.

OPEC output continues falling

One bullish thing for oil investors to rejoice in is the fact that OPEC production continues to fall month after

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Stock Information

Company Name: Invesco DB Oil Fund
Stock Symbol: DBO
Market: NYSE

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