OLOXF News and Press, DB Crude Oil Long Exchange Traded Notes due June 1 2038 From 03/26/24

2024-03-26 07:20:00 ET Summary World oil production increased by 745 kb/d in November. The largest increase came from Canada, adding 360 kb/d. World without US November oil output increased by 645 kb/d to 69,171 kb/d. November production from the Big 3 increased by 64 kb/d to ...

2024-03-21 08:45:00 ET Summary Brent has traded to its highest levels since November last year on the back of OPEC+ extending supply cuts, while supply risks have provided further support. We have revised higher our price forecasts. The roll over of supply cuts from OPEC+ mean...

2024-03-19 16:00:00 ET Summary The OPEC Monthly Oil Market Report for March 2024 was published recently. OPEC expects robust growth in World Demand for Liquid fuel in 2024 (2.25 Mb/d) and 2025 (1.85 Mb/d). The OPEC estimate for future US tight oil growth in output is unchanged...

2024-03-18 12:05:00 ET Summary Markets see a positive near-term macro and corporate backdrop for the U.S. and Japan. We eye risks ahead but remain overweight stocks in both countries. U.S. stocks were largely flat last week after hotter-than-expected inflation data. Both 10-year U...

2024-03-14 19:46:00 ET Summary Potential opportunities in value plays. Has the magnificent seven run its course? Why utilities may be poised for a comeback. ... Read the full article on Seeking Alpha For further details see: Beyond The Magnificent...

2024-03-14 13:20:00 ET Summary Crude oil, liquefied petroleum gas and natural gas production and exports rose in 2023, positioning the U.S. as a global leader in energy exports. Crude oil and natural gas liquids output rose 8% in 2023, while natural gas rose 4% year-on-year. U...

2024-03-13 10:10:00 ET Summary Jeff Hirsch, editor-in-chief of The Stock Trader’s Almanac, and Carter Worth, CEO and founder of Worth Charting, discuss their outlook for 2024 with MoneyShow's Mike Larson. Jeff expects a strong year for stocks, with gains of 8-15% broadly sp...

2024-03-13 09:15:00 ET Summary Oil market fundamentals are holding up well, and elevated refining margins should help push inventories lower in the coming weeks. However, speculative positioning is beginning to reach levels of extreme bullishness, and history suggests futures retu...

2024-03-12 10:30:00 ET Summary From the latest news and earnings reports, it looks like the Magnificent 7 leadership is changing. So far, March has been characterized by wave after wave of positive analyst earnings revisions, since fourth-quarter earnings surprises were so strong....

2024-03-11 19:30:00 ET Summary U.S. December oil production decreased by 4 kb/d to 13,315 kb/d. The largest decrease came from Texas, 20 kb/d, offset by a New Mexico increase of 23 kb/d. Both oil and gas production are falling in Karnes county and both are down close to 30% fr...