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home / news releases / SZO - OPEC's Data: Still Bullish


SZO - OPEC's Data: Still Bullish

As the year draws to a close, OPEC continues to surprise oil market investors and participants. In a prior article, I detailed the group's decision, alongside its non-OPEC partners, to cut production further beginning next year. That move should be bullish on the whole, but in its latest monthly report, the group showed signs that it's already on its way to reducing output in preparation of next year (whether that was intended or not). This serves as yet another bullish sign for investors who are fearful of a glut and it's more evidence that the

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Stock Information

Company Name: DB Crude Oil Short ETN
Stock Symbol: SZO
Market: NYSE

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