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

2024-07-15 10:58:00 ET Summary Oil prices remain stable despite a turbulent weekend and a strong US dollar. Chinese economic data, including disappointing GDP growth and declining refinery output, raises concerns about oil demand. The focus shifts from supply concerns in the U...

2024-07-12 03:29:48 ET Summary Crude oil prices are volatile due to conflicting opinions on market direction and US demand weakness. Some believe current price drops are exaggerated, while others see them as insignificant in the grand scheme. Analyst Messlor and others offer v...

2024-07-11 08:30:00 ET Summary World oil production increased by 440 kb/d in March to 82,585 kb/d. World without US March oil output increased by 364 kb/d to 69,403 kb/d. March Non-OPEC oil production increased by 177 kb/d to 53,527 kb/d. A guest post by Ovi ...

2024-07-10 05:46:00 ET Summary Half of Americans are planning to increase their travel budget in 2024, according to a survey of travelers, despite persistent inflation. Crude oil and gasoline prices are lower, making it cheaper to drive to a last-minute destination than it was ear...

2024-07-08 22:15:00 ET Summary Geopolitical events and weather disruptions are currently the main drivers of oil price fluctuations. OPEC+ production cuts have contributed to tighter oil markets, supporting prices. Can it continue? Technical analysis suggests key support and r...

2024-07-04 10:15:00 ET Summary Inventory changes have been firmly in the bearish camp for both total crude oil and petroleum products, as well as crude oil itself for much of the past few months. Gasoline stocks in particular have been replenished at a higher-than-normal rate over...

2024-07-04 08:50:00 ET Summary U.S. April oil production rose by 72 kb/d to 13,248 kb/d. Texas production increased by 53 kb/d in April to 5,636 kb/d. Alaskaʼs April output dropped by 3 kb/d to 430 kb/d. A guest post by Ovi All of the Crude plus Conden...

2024-07-03 08:00:00 ET Summary The U.S. has been energy-independent since 2019, when it became a net energy exporter for the first time in decades. The U.S. has become a major energy supplier to the rest of the world, with important benefits for our allies. Continued productio...

2024-07-02 12:35:00 ET Summary What the summer driving season could mean for oil prices. Why are commodity investors on the sidelines? Central banks and the price of gold. After slipping to as low as $73 a barrel earlier in June, the price of oil has enjoyed ...

2024-06-28 06:15:00 ET Summary Historically, the US stock market, on average, has performed well in the early stages of a Federal Reserve easing cycle. The expectation of an easing cycle and the normalization of the yield curve could help to again broaden market participation. ...