DTO News and Press, Deutsche Bank AG London ZC SP ETN REDEEM 01/06/2038 USD 25 - 25154K809 From 05/10/20

The Saudi Riyal's peg to the dollar has long been a strategic choice, contributing to the economic growth of the Kingdom for more than 30 years. Indeed there is no other currency that could handle the vast ocean of daily oil trades that help to keep the world moving. Because oil is traded in...

Markets have settled and recovered from the initial shock of the coronavirus spread and the response of governments around the US and the world to lock down the economy. But while the major US indices have approached, if not quite matched, the fabled v-shaped recovery, there are still plenty o...

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 higher, barring failure of 16.53s as support. This expectation ...

Gainers:  Direxion Daily MSCI Mexico Bull 3X Shares (NYSEARCA: MEXX )  +30.1% . More news on: Direxion Daily MSCI Mexico Bull 3X ETF, Direxion Daily S&P Biotech Bull 3x Shares ETF, BMO MicroSectors U.S. Big Oil Index 3X Leveraged ETN, News on ETFs, Stocks on the move, R...

Welcome to the big export drop edition of Oil Markets Daily! Global oil inventories are peaking as we speak. Genscape reported a draw in Cushing from last Friday to this Tuesday, indicating US oil production shut-in volumes now really accelerating. We wrote on Wednesday that the implied ...

The count of active U.S. drilling rigs dropped by another 34 to 374, on top of a decline of 121 over the previous two weeks, for the seventh consecutive decline in Baker Hughes' weekly survey . More news on: The United States Oil ETF, LP, ProShares Trust II - ProShares Ultra Bloomberg Cru...

I will start with a simple statement. If you are not willing to take delivery, you should not be long oil futures right now, because storage constraints are what it is all about. Oil futures prices went negative last month because people realized this, and it is still as much of a problem as e...

Co-produced with Trapping Value In Part 1 of this series , we detailed how COVID-19 was impacting the oil markets from a demand standpoint. We also started looking at where the capex cycle was headed and why every projection on the supply side we heard so far was overly optimistic. In t...

A substantial number of midstream companies have released capital spending updates since early March as the collapse in oil prices quickly shifted the reality for midstream, and volumes came into question. While capital expenditures were already moderating (we estimate capex peaked in 2018 o...

Anthony Okolie recaps the biggest news of the day including the latest COVID-19 developments, followed by a conversation with Andres Rincon, Director, ETF & Equity Derivatives Strategy, TD Securities, about the nuts and bolts of crude oil ETFs and the risks and rewards in investing in...