OLOXF News and Press, DB Crude Oil Long Exchange Traded Notes due June 1 2038

2024-06-25 02:40:00 ET Summary The big news last week was that the Commerce Department reported that retail sales rose by only 0.1% in May, below the analysts’ consensus estimate of 0.3%. Like the G7 conference in Italy, the recent Ukrainian peace conference in Switzerland ...

2024-06-24 16:10:00 ET Summary My expectation for West Texas Intermediate oil prices for July is unchanged from June. That is, WTI should range from $75 to $95 per barrel. Several Canadian oil and gas investors on X (formerly Twitter) attributed this fall in value to the upcoming ...

2024-06-20 03:35:00 ET Summary Output for April 2024 was revised up by 25 kb/d and March 2024 output was also revised higher by 23 kb/d compared to last month’s report. OPEC output has been relatively flat for the past 8 months. The EV transition will not happen quickly...

2024-06-12 12:40:00 ET Summary World oil production increased by 553 kb/d in February to 82,219 kb/d. February’s Big 3 oil production increased by 753 kb/d to 32,600 kb/d. February Non-OPEC oil production increased by 276 kb/d to 53,345 kb/d. A guest post by...

2024-06-08 10:00:00 ET Summary Oil is down, and so is copper after hitting record highs in May. Natural gas prices, however, continue to be supported by supply concerns. LME copper stocks have grown more than 15% since mid-May, while the cash 3-month spread is in deep contango...

2024-06-07 10:42:00 ET Summary While many of last year’s themes continue to dominant markets, there is one thing that is different: the energy sector. Year-to-date, the U.S. energy sector has posted a 10% gain, roughly in-line with the broader market. I believe there ar...

2024-06-06 08:40:00 ET Summary U.S. March oil production rose by 77 kb/d to 13,182 kb/d. Texas production increased by 36 kb/d in March to 5,584 kb/d. In the Permian, the monthly completion and drilling rates have been both stabilizing in the 440 to 450 range over the last six...

2024-06-05 07:45:00 ET Summary Goehring & Rozencwajg Associates, LLC provides financial planning and investment advisory services. The Company offers natural market capitalization resources mutual fund investments for growth in business as well as provides consulting services. ...

2024-06-03 15:10:00 ET Summary OPEC+ members met over the weekend to discuss production policy for the remainder of this year and 2025. ICE Brent is down more than 10% from its April highs, despite OPEC+ withholding a significant amount of oil from the market. In theory, the u...

2024-06-03 10:05:00 ET Summary Last week was a volatile one for markets, with big swings in stocks and bonds in a holiday-shortened week. Interest rates shot up 18 basis points on Tuesday and Wednesday and while that didn’t change any trends, it is a pretty big move for a c...