DNO News and Press, United States Short Oil Fund From 02/07/19

(This article was first published on January 31, 2019, and is the second installment of a comprehensive report on near-term outlook on various assets classes). US Treasury Bond Yields In the final analysis, the short-term fate of the DXY and EEM are tied to the outlook for the perform...

In my last article on 8 th January, I had highlighted that the price of Brent Oil ( BNO ) would rise till the upper line of the box range pattern after which it shall trade sideways. This belief of mine proved to be true as by 11 th January the price of Brent Oil had risen till the $62.52 ...

Welcome to the Oil Market Fundamental sample report edition of Oil Markets Daily! Oil prices are inching higher today with Brent outperforming WTI and widening the Brent-WTI spread to $8.6/bbl. This is rather surprising since EIA just reported that US exported ~2.8 mb/d of crude last wee...

Oil traders have plenty to digest as the market continues to shift under their feet. More news on: The United States Oil ETF, LP, iPath S&P Crude Oil Total Return Index ETN, VelocityShares 3X Long Crude ETN, Energy stocks news, News on ETFs Read more ...

The American Petroleum Institute reportedly shows a build of 2.51M barrels of oil for the week ending Feb. 1, vs. a build of 2.1M 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, E...

Image Sources: https://news.thomasnet.com Two nuclear disasters made structural changes in the renewable industry and its associated technologies. The first disaster was the catastrophic nuclear accident at Chernobyl , Ukraine, in 1986. Oil prices were at low levels at that time. Whil...

Saudi Arabia and its Persian Gulf allies are proposing a formal partnership with a Russian-led group of countries in hopes of better managing the global oil market, in an alliance that would transform the cartel, WSJ reports, citing OPEC officials. More news on: The United States Oil E...

Welcome to the surprise to the downside edition of Oil Markets Daily! U.S. crude imports surprised last week showing a drop to just ~7 mb/d, the lowest reading over the last 3 years for that week. Readers should expect the trend to continue thanks to increasing 1) U.S. shale product...

After halving in less than three months, oil prices seem to have stabilized: Data by YCharts The sudden reversal in the last month, I believe, is the prelude to another and larger upward move for the reasons I discuss in this article. Inventories Are High, But... The key reason w...

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...