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DBO News and Press, Invesco DB Oil Fund From 05/30/24

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

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DBO - OPEC+ considering extending some production cuts into 2025 - report

2024-05-30 18:45:16 ET More on crude oil and gasoline Global Oil Market: We Are Potentially Weeks Away From Moment Of Truth Tensions In The Middle East Likely To Bode Well For Oil Bulls The Driving Season Approaches: UGA Rises And Falls With Gasoline Read t...

DBO - Crude inventory decreased by 4.2M barrels for week ended May 24 - EIA

2024-05-30 11:04:20 ET More on Crude Oil Short-Term Energy Outlook, May 2024 The Quandary In The Markets And Navigating Concerns Of Stagflation Global Oil Market: We Are Potentially Weeks Away From Moment Of Truth Goldman Sachs is ‘selectively bullish&...

DBO - Goldman Sachs is 'selectively bullish' on commodities, spotlighting copper, gold, and oil

2024-05-30 09:29:20 ET More on Commodities Crude oil slips as worries set in over U.S. gasoline demand We Are Close To A Bottom In Oil Prices Strong Global Gold Demand Will Propel Gold Higher Gold slides as Treasury yields rise; traders await Fed's favorite i...

DBO - What The Peak Oil Debate Means For Crude Oil Markets

2024-05-30 05:32:00 ET Summary The IEA expects peak oil consumption to be reached by 2030, while OPEC forecasts a longer timeline. The debate over peak oil consumption is a contentious issue that significantly impacts longer-term opinions on the crude oil markets. Reaching pea...

DBO - Crude oil slips as worries set in over U.S. gasoline demand

2024-05-29 18:55:08 ET More on crude oil Short-Term Energy Outlook, May 2024 The Quandary In The Markets And Navigating Concerns Of Stagflation Global Oil Market: We Are Potentially Weeks Away From Moment Of Truth Read the full article on Seeking Alpha ...

DBO - Short-Term Energy Outlook, May 2024

2024-05-29 12:50:00 ET Summary The EIA expects the 2018 peak for annual average World C+C output will be surpassed in 2025. The EIA estimate for OPEC spare capacity looks high in 2024 to 2025, I would estimate it to be about 1.2 to 1.4 Mb/d less than shown. US demand for natur...

DBO - Commodities have room to rally on positive fundamentals, UBS' Marcelli says

2024-05-29 06:05:34 ET Energy Crude oil ( CL1:COM ) +0.27% to $80.49. Natural Gas ( NG1:COM ) -1.38% to $2.80. Metals Palladium ( XPDUSD:CUR ) -1.88% to $963.50. Platinum ( XPTUSD:CUR ) -1...

DBO - Goldman Sachs hikes oil demand outlook, sees peak at least a decade away

2024-05-28 18:30:37 ET More on crude oil Global Oil Market: We Are Potentially Weeks Away From Moment Of Truth We Are Close To A Bottom In Oil Prices An Alarming Trend Is Developing In U.S. Shale Oil Production (Part 2) Read the full article on Seeking Alph...

DBO - Commodity Roundup: Oil up with focus on OPEC; Citi's Max Layton sees gold at $3K

2024-05-28 05:58:27 ET Energy ... Crude oil ( CL1:COM ) +0.47% to $78.96. Natural Gas ( NG1:COM ) -0.02% to $2.50. Metals Palladium ( XPDUSD:CUR ) -1.31% to $983.00. Platinum ( XPTUSD:CUR ) ...

DBO - U.S. Presidential Election: Implications For Investors

2024-05-28 05:07:00 ET Summary U.S. Presidential Election: The implications for markets. What the U.S. election results could mean for equities. Policy differences between Biden vs. Trump. The upcoming U.S. presidential election is still several months away, but ther...

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