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DBO News and Press, Invesco DB Oil Fund From 06/04/24

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

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DBO - Commodity Roundup: Crude oil down 2%, gold subdued as dollar firms

2024-06-04 06:06:26 ET Energy Crude oil ( CL1:COM ) -1.99% to $72.74. Natural Gas ( NG1:COM ) +0.16% to $2.76. Metals Palladium ( XPDUSD:CUR ) -2.07% to $897.00. Platinum ( XPTUSD:CUR ) -1...

DBO - Oil prices hit four-month lows; U.S. buys another 3M barrels for strategic reserve

2024-06-03 20:00:13 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 - OPEC+ Extends Cuts

2024-06-03 15:10:00 ET Summary OPEC+ members met over the weekend to discuss production policy for the remainder of this year and 2025. ICE Brent is down more than 10% from its April highs, despite OPEC+ withholding a significant amount of oil from the market. In theory, the u...

DBO - Energy stocks sink as OPEC+ plans to begin phasing out voluntary cuts this year

2024-06-03 12:20:38 ET More on energy stocks LNG Exports And Natural Gas Dynamics XLE: Double Digit Dividend Growth Should Be Sustainable Transitioning: Mining, Minerals And Sustainable Developments Read the full article on Seeking Alpha For further d...

DBO - Oil Update - May 2024

2024-06-01 00:25:00 ET Summary My expectation for West Texas Intermediate (WTI) oil prices for June is unchanged from May. That is, WTI should range from $75 to $95 per barrel. WTI is hovering around $77.25 per barrel, which is slightly below my narrower range. I expect WTI prices...

DBO - Weak U.S. gasoline demand could strengthen case for OPEC+ to extend supply cuts

2024-05-31 18:50:05 ET Crude oil futures fell for the day and the week, ahead of the OPEC+ weekend meeting where the group is widely expected to keep production cuts in place after Q2. "Softening fundamentals have narrowed the group's decision to one main focus: how long to extend the...

DBO - U.S. oil and gas rig count holds steady in latest Baker Hughes report

2024-05-31 14:10:14 ET More on crude oil Tensions In The Middle East Likely To Bode Well For Oil Bulls U.S. Oil Fund: Time To Take Profits USO: Oil At A Six-Month High And Trending Higher Read the full article on Seeking Alpha For further details see:...

DBO - AI Stocks, ETF Picks, And The Case For $5K Gold And $200K Bitcoin

2024-05-31 11:50:00 ET Summary Michael Lee, financial services industry veteran and founder of Michael Lee Strategy, discusses the outlook for stocks, gold, and cryptocurrencies. Michael thinks the economy will avoid recession, even as inflation remains sticky, and that this shoul...

DBO - Commodity Roundup: Oil gains ahead of OPEC+ supply meet, but set for weekly loss

2024-05-31 06:10:54 ET While some market participants are assuming that the voluntary production cuts will be extended by at least three months, there are reports that members are considering extending cuts into 2025. ... Read the full article on Seeking Alpha For furth...

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...

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