DTO News and Press, Deutsche Bank AG London ZC SP ETN REDEEM 01/06/2038 USD 25 - 25154K809 From 03/13/20

Despite a 3% rise this morning to $32/64.bbl, crude oil is set to record a nearly 21% drop this week, marking the worst week since the financial crisis (its down almost 50% YTD). More news on: Marathon Oil Corporation, Pioneer Natural Resources Company, Apache Corporation, News on ET...

At the beginning of this week, I wrote about Russia's reasons for abandoning the OPEC deal in an article titled " Why Russia Killed The OPEC Deal ". It did not take long for Russia to explain its reasons in an exclusive interview for Reuters. Those investors who are seriously interested in t...

By Dimitry Dayen, CFA and Jeffrey Schulze, CFA In a flashback to the 2014 Thanksgiving massacre, the OPEC+ deal to further cut crude oil production was blocked last week by Russia, which refused to cut its own production significantly under an ultimatum from Saudi Arabia. Saudi Aramco init...

Aside from its immediate, stunning impact on the financial markets, the recent 25% drop in crude oil prices may have longer-term implications. Following not only OPEC+'s failure to cut production at the OPEC meeting last week, but rather an apparent increase of production from key suppliers,...

Pres. Trump's surprise travel restrictions in an attempt to halt the spread of coronavirus has sparked another massive drop in crude oil prices (NYSEARCA: USO ); April WTI -6.1% to $30.98, May Brent -6.6% to $33.43/bbl. More news on: The United States Oil ETF, LP, United States Brent...

By Peter C. Earle As if virus mania weren't enough: oil prices have crashed, down at least 25% percent in a mere 48 hours, after falling more since last week. Yes, that's the largest price drop since 1991. No, it is not the end times. This has almost nothing to do with virus fears. It's th...

The Saudi Arabian government’s decision to do the opposite of what was originally intended, from oil production cuts of 1 million b/d through OPEC to ramping up production from 12 million b/d to 13 million, destabilized oil prices and markets alike. Saudi Aramco (ARMCO) said Wed...

A quick note about oil. The Saudi-Russia price war means OPEC disarray and a lower oil price for the US. The Energy Information Administration ((EIA)) reports : In 2019, about 142.23 billion gallons (or about 3.39 billion barrels) of finished motor gasoline were consumed in the United St...

OPEC cuts its forecast for global growth in oil demand this year due to the coronavirus outbreak, seeing a gain of just 60K bbl/day in 2020 vs. 920K bbl/day in its previous report. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, Velocity...

Oil markets and energy stocks have gone from bad to worse in response to Saudi Arabia effectively declaring an oil price war over the weekend. Today's piece addresses some of the key investor questions that have stemmed from the move in oil prices. Specifically, we discuss MLP distributions, l...