OLOXF News and Press, DB Crude Oil Long Exchange Traded Notes due June 1 2038 From 06/08/24

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...

2024-06-01 00:25:00 ET Summary My expectation for West Texas Intermediate (WTI) oil prices for June is unchanged from May. That is, WTI should range from $75 to $95 per barrel. WTI is hovering around $77.25 per barrel, which is slightly below my narrower range. I expect WTI prices...

2024-05-31 11:50:00 ET Summary Michael Lee, financial services industry veteran and founder of Michael Lee Strategy, discusses the outlook for stocks, gold, and cryptocurrencies. Michael thinks the economy will avoid recession, even as inflation remains sticky, and that this shoul...

2024-05-30 05:32:00 ET Summary The IEA expects peak oil consumption to be reached by 2030, while OPEC forecasts a longer timeline. The debate over peak oil consumption is a contentious issue that significantly impacts longer-term opinions on the crude oil markets. Reaching pea...

2024-05-29 12:50:00 ET Summary The EIA expects the 2018 peak for annual average World C+C output will be surpassed in 2025. The EIA estimate for OPEC spare capacity looks high in 2024 to 2025, I would estimate it to be about 1.2 to 1.4 Mb/d less than shown. US demand for natur...