DTO News and Press, Deutsche Bank AG London ZC SP ETN REDEEM 01/06/2038 USD 25 - 25154K809 From 02/15/20

With four years of experience in reaching consensus among the members of the OPEC+ group of oil exporters, it is not hard to imagine that group extending or deepening such cuts to mitigate the impact of the coronavirus outbreak on the global economy. This was clear during the extraordinary m...

In this article, we examine the significant weekly order flow and market structure developments driving WTI's price action. As noted in last week's WTI Weekly , the primary expectation for this week was for neutral to buy-side activity, barring failure of 49.31s as support. This expectation...

Welcome to the whipsaw edition of Oil Markets Daily! WTI managed a strong close today and this week with a finish right around $52/bbl. On a technical basis, the move validates what we had presumed to be a critical support level. After making a false breakdown below $50/bbl, WTI never ma...

Crude oil futures scored their first weekly gain in six weeks , as investors bet the economic impact of the coronavirus would be short-lived. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P GSCI Crude Oil Total Return Index ETN, Energy stocks news...

The count of active drilling rigs in the U.S. remains unchanged at 790, according to Baker Hughes' latest weekly survey . More news on: The United States Oil ETF, LP, The United States Natural Gas ETF, LP, VelocityShares 3x Long Natural Gas ETN, Energy stocks news, Commodities news, News ...

By OpenMarkets It's often said that when a market goes higher it climbs a wall of worry, but when it goes lower, it takes the elevator down. Jack Bouroudjian looks at how market psychology can drive market performance in directions at odds with fundamentals. As an example, he looks ...

The International Energy Agency slashes its forecast for global oil demand growth in 2020 by 365K bbl/day to 825K bbl/day, the lowest level since 2011, as the coronavirus outbreak dampens demand in China's oil-hungry economy. More news on: The United States Oil ETF, LP, iPath S&P GSC...

OPEC released its Monthly Oil Market Report (MOMR) for February. It reported that demand for OPEC crude was 30.6 million barrels per day, 1.0 million lower than the 2018 level. It forecasts demand for OPEC crude will be 29.3 million in 2020, about 1.3 million lower than the 2019 level. It ...

Welcome to the IEA OMR edition of Oil Markets Daily! We have a lot of issues with the IEA's OMR that was released today, but let's just jump straight to the issues we see right off the bat. Global oil demand revised lower for Q1 2020 by ~1 mb/d IEA revised down global oil demand by...

We’ve been tracking refinery margins for a while, and there’s always an interplay between the input costs (i.e., crude prices) and product prices (i.e., gasoline, diesel, jet fuel, etc.). Refiners make the difference between the two and in complex refineries, can dial up or down ...