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DBO News and Press, Invesco DB Oil Fund From 05/08/24

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

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DBO - Crude inventory decreased by 1.4M barrels for week ended May 3 - EIA

2024-05-08 10:35:28 ET More on Crude Oil An Alarming Trend Is Developing In US Shale Oil Production Geopolitical Conflict Threatens Yet Another Shipping Choke Point Middle East Escalation Boosts Oil Supply Risks Commodity Roundup: Gold prices dip, oil falls m...

DBO - Riksbank Cuts, Oil Slips, And The Yen Remains Under Pressure

2024-05-08 07:40:00 ET Summary Sweden's Riksbank became the second G10 central bank to cut rates this year. June WTI is straddling the $77 area, its lowest level since mid-March. The market pushed the dollar higher and challenged Japan's efforts on the yen. Overvie...

DBO - Commodity Roundup: Gold prices dip, oil falls more than 1% on U.S. crude build

2024-05-08 06:11:11 ET Recent Commodity Price Movements and A look At Some ETFs Energy Crude oil ( CL1:COM ) -1.16% to $77.47 . Natural Gas ( NG1:COM ) +1.53% to $2.24. Metals Palladium ( XPDUSD:CUR )&#...

DBO - Quick Thoughts: Spring Cleaning

2024-05-08 05:00:00 ET Summary We believe spring is an opportune time, given significant moves in bond yields and currencies thus far in 2024. Stocks, bonds, currencies and commodities have made significant moves in the past few months. Emerging markets are unlikely to rebound...

DBO - Biden administration set to resume purchases for Strategic Petroleum Reserve

2024-05-07 18:50:49 ET More on crude oil An Alarming Trend Is Developing In US Shale Oil Production Geopolitical Conflict Threatens Yet Another Shipping Choke Point Middle East Escalation Boosts Oil Supply Risks Read the full article on Seeking Alpha ...

DBO - Commodity Roundup: Gold eases as steady dollar dampens appeal, oil prices mixed

2024-05-07 06:07:36 ET Recent Commodity Price Movements and A look At Some ETFs Energy Crude oil ( CL1:COM ) -0.10% to $78.40. Natural Gas ( NG1:COM ) -0.98% to $2.17. Metals Palladium ( XPDUSD:CUR )&#...

DBO - Oil edges higher on renewed Middle East tensions, Saudi price hikes

2024-05-06 19:45:11 ET More on crude oil An Alarming Trend Is Developing In US Shale Oil Production Geopolitical Conflict Threatens Yet Another Shipping Choke Point Middle East Escalation Boosts Oil Supply Risks Read the full article on Seeking Alpha ...

DBO - U.S. February Oil Production Rebounds

2024-05-06 13:18:00 ET Summary U.S. February oil production rebounded by 578 kb/d to 13,154 kb/d. On a YoY basis, US production increased by 622 kb/d. GOM production rose by 53 kb/d MoM while YOY it is down by 28 kb/d. Coloradoʼs February production increased by 22 kb/d...

DBO - Commodity Roundup: Oil gains as Gaza ceasefire talks end, precious metals rise

2024-05-06 06:12:45 ET "News that Israel wants to go ahead and extend its operation into Rafah, risks derailing a potential ceasefire agreement and reigniting Middle Eastern geopolitical tensions which had appeared to be easing," IG markets analyst Tony Sycamore told Reuters. ... ...

DBO - What The Opening Of Trans Mountain Could Mean For Canada's Energy Sector

2024-05-05 10:26:00 ET Summary Is oil stuck in a $70-$90 trading range? What the opening of the Trans Mountain pipeline means for Canadian oil. What to expect from the demand side of oil this summer. ... Read the full article on Seeking Alpha For furt...

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