DNO News and Press, United States Short Oil Fund From 02/04/19

Crude oil futures tumble after briefly touching their highest intraday levels of the year, as prices threaten to surrender much of the gains they scored last week ; WTI -1.7% to $54.34/bbl, Brent -0.6% to $62.39/bbl. More news on: The United States Oil ETF, LP, Energy Select Sector...

Image Source: Newsmax.com The Brent crude oil price rose slightly to $62.75 per barrel and WTI advanced to 55.26 per barrel at the end of last week, amid concerns over tight supplies of medium and heavy crudes as a result of OPEC output cuts and uncertainties over the implications of US sanc...

Welcome to the growth has stalled edition of Oil Markets Daily! The highly anticipated EIA-914 report came out on Jan. 31, showing US oil production surging to 11.9 mb/d for the month of November. Oil markets initially sold-off on that, but close followers of the fundamentals know that t...

In this article, we examine the significant weekly order flow and market structure developments driving WTI price action. As noted in last week’s WTI Weekly , the primary expectation for this week was for sell-side activity provided the near-term stopping point high, 54.52s, held. Th...

The total U.S. rig count falls by 14 to 1,045 in the latest weekly survey from Baker Hughes, after rising by 9 last week and tumbling by 25 two week ago. More news on: The United States Oil ETF, LP, The United States Natural Gas ETF, LP, iPath S&P Crude Oil Total Return Index ETN, En...

By Energy Portfolio Managers Brian Kessens, Matt Sallee, and Rob Thummel Energy stocks have kicked off 2019 in a positive way. With a new year come fourth-quarter earnings calls, which began last week, and the narrative is cautiously optimistic heading into 2019. Companies across the energ...

U.S. crude oil jumped to a two-month high , settling +1.7% to $54.23/bbl, helped by U.S. government data that showed signs of tightening supply and potential supply disruptions following U.S. sanctions on Venezuela’s oil industry; Brent closed +0.5% at $61.65/bbl. More news on:...

You don’t need to use leverage to make significant returns each year. As I explained in my article about using leverage with precious metals miner, there is a definite place for it, but by no means is it necessary to achieve upper performance. Being selective and patient, and doing yo...

The American Petroleum Institute reportedly shows a build of 2.1M barrels of oil for the week ending Jan. 25, vs. a build of 6.55M barrels in the previous week. More news on: The United States Oil ETF, LP, iPath S&P Crude Oil Total Return Index ETN, VelocityShares 3X Long Crude ETN, En...

Crude oil prices rebound from yesterday's steep losses after the U.S. imposed sanctions on Venezuelan state-owned oil firm PDVSA; WTI  +3% to $53.58/bbl, Brent +2.5% to $61.43/bbl. More news on: Valero Energy Corporation, Chevron Corporation, Phillips 66, Energy stocks news, C...