DTO News and Press, Deutsche Bank AG London ZC SP ETN REDEEM 01/06/2038 USD 25 - 25154K809 From 04/11/20

About once a month, energy consulting firm IHS Markit releases a report on the offshore drilling industry that it calls the Offshore Rig Day Rate Trends report. In this report, the firm discusses both the utilization rate and leading market new contract dayrate trends for four types of offsh...

G-20 energy ministers failed today to devise a detailed plan to  follow OPEC+ nations by cutting production to stop plunging oil prices caused by the Saudi-Russian price war and Covid-19. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P GSCI...

Mexico has reached an agreement on oil production cuts ( CL1:COM ) with OPEC+ after Pres. Trump intervened to resolve the impasse. More news on: Crude Oil Futures, The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, Energy stocks news, Commodities news, To...

One of the underappreciated luxuries of analyzing US oil markets is weekly data on inventories, imports, exports, refining utilization, production, demand and more from the Energy Information Administration's ((EIA)) Weekly Petroleum Status Report . In response to requests and in acknowledg...

As expected, OPEC+ Russia and its alliance partners of 10 countries agreed to meaningful production cuts to shore up an oversupplied market caused by significant demand destruction from the novel coronavirus's spread across the globe. Thirty million barrels per day (bpd) of oil are expected to...

Oil prices ramp up following reports that Saudi Arabia and Russia have reached a deal on a deep production cut. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, ProShares Trust II - ProShares Ultra Bloomberg Crude Oil, Energy stocks news, Co...

Welcome to the shut-in is more important edition of Natural Gas Daily! Forget the weather for a moment here, although it's very bullish. Production shut-in in the shale oil basins will be so large as to overwhelm demand destruction, LNG export concerns, and weather factors. Continental R...

Welcome to the "not a lot of choices here" edition of Oil Markets Daily! When Igor Sechin, head of Rosneft (RNFTF), decided to pull a 180 on the Saudis thinking that he was outsmarting everyone by being a bully, he never calculated that 1) oil prices would fall below $30/bbl and 2) demand ...

EIA Petroleum Inventories : Crude +15.2 M barrels vs. +9.3M consensus, +13.8M last week. More news on: Crude Oil Futures, The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, News on the U.S. economy, Energy stocks news, Stocks on the move, News on ETFs,...

Messaging about the oil market by the largest three producers in the world - the United States, Russia, and Saudi Arabia - has become a three-ring circus. If there is one solid conclusion, they are not on the same page. OPEC has arranged for a virtual meeting on April 9th to include its memb...