DTO News and Press, Deutsche Bank AG London ZC SP ETN REDEEM 01/06/2038 USD 25 - 25154K809 From 05/04/20

By Colin Lloyd On Monday 20th April, West Texas Intermediate ((WTI)) Crude Oil futures for May delivery traded at $-40.32 per 42 gallon barrel (bbl), a decline of 260% in a single day. The impact was sufficient to drag the contract for June delivery down to $6.50/bbl. By the time the May con...

In this article, we examine the significant weekly order flow and market structure developments driving WTI price action. As noted in last week’s WTI Weekly , the primary expectation for this week was for price discovery lower, barring failure of 15.64s as support. This expectation p...

We took a brief hiatus from our weekly series Open Insights to update our oil thesis. Here’s our most recent thoughts ( link ). We’re now back to looking at the EIA’s Weekly Petroleum Status Report (“WPSR”) for the week of April 24, 2020. EIA reported a cru...

Gainers:  Direxion Homebuild & Suppliers Bull 3X (NYSEARCA: NAIL )  +32.00% . More news on: Direxion Daily Homebuilders & Supplies Bull 3x Shares ETF, Direxion Daily S&P Biotech Bear 3x Shares ETF, Direxion Daily Latin America 3x Bull Shares ETF, News on ETFs, Stock...

Welcome to the peak edition of Oil Markets Daily! To set the record straight, we are no longer bearish crude. On Monday, we noted that the first sign of demand recovery showed up via refining margins. And on Tuesday, we wrote that global crude storage MTD has been 50% of what analysts are ...

The count of drilling rigs active in the U.S. falls by 57 on top of last week's decline of 64, dropping the total to 408 for the sixth consecutive decline in Baker Hughes' weekly survey . More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, Pro...

The oil market has been a riveting story to watch of late. A health pandemic drives the world to a virtual standstill, with energy demand plummeting in response. Then, a rout between two of the three largest oil producers, Saudi Arabia and Russia, create the onset of a price fall unlike any se...

To help us understand the dynamics currently driving the global energy market, we utilize game theory and macro thematic analytical frameworks. Recent developments have caused us to update our energy/Middle East game theater to reflect evolving interests. Historically, this game theater has ...

Western Europe's biggest oil producer, Norway, is voluntarily joining international efforts to cut supply for the first time in almost two decades. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, ProShares Trust II - ProShares Ultra Bloombe...

What a few weeks it has been in the commodities markets. Crude oil fell 50% from early April to its current price while gold has continued its march higher. Looking longer term, we had to adjust our y-axis on the continuous prompt-month WTI chart below as the May contract collapsed below $0 ...