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DBO News and Press, Invesco DB Oil Fund From 06/08/24

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Company Name: Invesco DB Oil Fund
Stock Symbol: DBO
Market: NYSE
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DBO - The May Commodities Rally Comes To An Abrupt End

2024-06-08 10:00:00 ET Summary Oil is down, and so is copper after hitting record highs in May. Natural gas prices, however, continue to be supported by supply concerns. LME copper stocks have grown more than 15% since mid-May, while the cash 3-month spread is in deep contango...
DBO - OPEC+ plan turns hedge fund crude oil bullish bets to 10-year lows

2024-06-07 19:45:29 ET More on crude oil and 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 ...

DBO - U.S. oil and gas rig count dips to lowest since January 2022, Baker Hughes says

2024-06-07 14:00:14 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 - Energy Stocks, Surprising Leaders

2024-06-07 10:42:00 ET Summary While many of last year’s themes continue to dominant markets, there is one thing that is different: the energy sector. Year-to-date, the U.S. energy sector has posted a 10% gain, roughly in-line with the broader market. I believe there ar...
DBO - Commodity Roundup: Gold drops on PBOC buying pause, China oil imports down y/y

2024-06-07 05:59:44 ET Energy ... Crude oil ( CL1:COM ) +0.06% to $75.60. Natural Gas ( NG1:COM ) -0.01% to $2.82. Metals Palladium ( XPDUSD:CUR ) -1.47% to $907.00. Platinum ( XPTUSD:CUR ) -1...

DBO - Oil prices post back-to-back gains as OPEC+ ministers defend new deal

2024-06-06 18:50:07 ET Crude oil futures rose for a second straight session Thursday, adding to their rebound from the selloff early this week that followed OPEC's decision to start tapering production cuts after September. The European Central Bank announced its first interest rate c...

DBO - Corn, soybean futures snap six-session losing streak on Brazilian tax plan

2024-06-06 17:35:51 ET More on corn futures Are Corn And Ethanol Markets Correlated? Grains ETFs Likely To Rise Into 2025 Seeking Alpha's Quant Rating on Teucrium Trading - Teucrium Corn Fund Read the full article on Seeking Alpha For further details ...
DBO - Small Increase For U.S. March Oil Production

2024-06-06 08:40:00 ET Summary U.S. March oil production rose by 77 kb/d to 13,182 kb/d. Texas production increased by 36 kb/d in March to 5,584 kb/d. In the Permian, the monthly completion and drilling rates have been both stabilizing in the 440 to 450 range over the last six...

DBO - Commodity Roundup: Oil steadies, JPM sees Brent back into high $80s-$90 by Sept

2024-06-06 06:05:42 ET Energy Crude oil ( CL1:COM ) +0.48% to $74.43 . Natural Gas ( NG1:COM ) +0.29% to $2.76. Metals Palladium ( XPDUSD:CUR ) -0.22% to $919.50. Platinum ( XPTUSD:CUR ) +0.12...

DBO - Crude oil bounces as Fed rate cut hopes outrank demand worries

2024-06-05 18:45:44 ET More on crude oil Wall Street Lunch: Bearish Crude? Short-Term Energy Outlook, May 2024 The Quandary In The Markets And Navigating Concerns Of Stagflation Read the full article on Seeking Alpha For further details see: Crude...
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