DBE News and Press, Invesco DB Energy Fund From 04/02/24

2024-04-02 09:08:00 ET Summary U.S. January oil production decreased by 762 kb/d to 12,533 kb/d. The large decrease was due to a severe US winter storm that was spread across most central states. Texas production decreased by 288 kb/d in January to 5,361 kb/d. New Mexicoȁ...

2024-04-01 09:00:00 ET Summary West Texas Intermediate oil prices for April should range from $75 to $95 per barrel, an increase of $5 per barrel from March. A narrower range is from $77.50 to $87.50 per barrel. During the last two months, oil prices have slowly been grinding high...

2024-03-29 17:52:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2024-03-26 07:20:00 ET Summary World oil production increased by 745 kb/d in November. The largest increase came from Canada, adding 360 kb/d. World without US November oil output increased by 645 kb/d to 69,171 kb/d. November production from the Big 3 increased by 64 kb/d to ...

2024-03-21 08:45:00 ET Summary Brent has traded to its highest levels since November last year on the back of OPEC+ extending supply cuts, while supply risks have provided further support. We have revised higher our price forecasts. The roll over of supply cuts from OPEC+ mean...

2024-03-19 16:00:00 ET Summary The OPEC Monthly Oil Market Report for March 2024 was published recently. OPEC expects robust growth in World Demand for Liquid fuel in 2024 (2.25 Mb/d) and 2025 (1.85 Mb/d). The OPEC estimate for future US tight oil growth in output is unchanged...

2024-03-18 12:05:00 ET Summary Markets see a positive near-term macro and corporate backdrop for the U.S. and Japan. We eye risks ahead but remain overweight stocks in both countries. U.S. stocks were largely flat last week after hotter-than-expected inflation data. Both 10-year U...

2024-03-14 19:46:00 ET Summary Potential opportunities in value plays. Has the magnificent seven run its course? Why utilities may be poised for a comeback. ... Read the full article on Seeking Alpha For further details see: Beyond The Magnificent...

2024-03-14 13:20:00 ET Summary Crude oil, liquefied petroleum gas and natural gas production and exports rose in 2023, positioning the U.S. as a global leader in energy exports. Crude oil and natural gas liquids output rose 8% in 2023, while natural gas rose 4% year-on-year. U...

2024-03-13 10:10:00 ET Summary Jeff Hirsch, editor-in-chief of The Stock Trader’s Almanac, and Carter Worth, CEO and founder of Worth Charting, discuss their outlook for 2024 with MoneyShow's Mike Larson. Jeff expects a strong year for stocks, with gains of 8-15% broadly sp...