DTO News and Press, Deutsche Bank AG London ZC SP ETN REDEEM 01/06/2038 USD 25 - 25154K809 From 03/30/20

U.S. crude oil (CL1: COM) settled at its lowest level since February 2002 , -6.6% to $20.09/bbl, as analysts forecast that quarantine measures are leading to the biggest-ever decline in oil demand. More news on: United States Brent Oil Fund, LP, The United States Oil ETF, LP, Energ...

Welcome to the declaration of war edition of Oil Markets Daily! Saudis are going to go all-out against Russia in April. The primary battlefield will be in Europe where Saudi has sent a record number of tankers to Egypt. Because of the geographical limitations for Saudi to ship crude to Eur...

By Nadege Tillier, Senior Credit Analyst & Warren Patterson, Head of Commodities Strategy Already suffering from oversupply, the Covid-19 outbreak is pushing the energy sector to revise its business plans for 2020 Bearish oil fundamentals prompt major rethink At the start of t...

Traders are now betting on production shutdowns to cope with the collapse in demand, triggering WTI crude prices to drop 6% to under $20/bbl overnight to levels not seen since 2002. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, Velocity...

In this article, we examine the significant weekly order flow and market structure developments driving WTI price action. The primary expectation for this week was for price discovery higher, barring failure of 20.53s as support. This expectation did play out, within the context of a balance...

All OPEC data below is from the OPEC Monthly Oil Market Report. It is thousand barrels per day and is through February 2020. The OPEC data no longer includes Ecuador. OPEC 13 was down 546,000 barrels per day in February. The only major decliners were Libya and Saudi Arabia. Algeria is si...

The U.S. deciding to apply some diplomatic pressure to the Saudi Arabia-Russia price war on oil was a sliver of good news for oil markets last week. U.S. pressure may be the one effort that can bring both parties to soften their response of ignoring demand issues and the negative effects it ...

The count of active U.S. drilling rigs in the U.S. plunges by 44 to 728, after falling by 20 a week earlier, according to the latest weekly survey from Baker Hughes. More news on: The United States Oil ETF, LP, The United States Natural Gas ETF, LP, VelocityShares 3x Long Natural Gas ETN...

A new OPEC+ deal to balance oil markets might be possible if other countries join in, according to Kirill Dmitriev, head of Russia’s sovereign wealth fund. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, VelocityShares 3x Long Crud...

During the last two weeks, we've been saying the same thing over and over again. While it's very easy to open Excel, plug in a drop of ~10 mb/d in demand, and assume that's the imbalance, it's harder to try and figure out logistically how this ~10 mb/d of oversupply actually makes it into co...