SZO News and Press, DB Crude Oil Short ETN From 04/13/19

The US dollar is lower against most major pairs except the Japanese yen and the Swiss franc. Risk appetite made a comeback this week and pushed the three currencies lower as investors shied away from safe havens. A strong start to the US earnings season with JPMorgan (JPM) and Wells Fargo (WFC...

Welcome to the Russian cut edition of Oil Markets Daily! The Russians put on quite the theatrics when it comes to OPEC+ production cut meetings. Alexander Novak, Russia's Energy Minister, put on quite the show late last year when he flew back to Moscow for an emergency meeting with Russi...

By and large, the oil industry right now should be in a state of jubilation. In recent weeks, crude prices have soared, supported by fears related to supply outages or imminent declines in places like Venezuela, Iran, and Libya, combined by the prospect that demand this year might be stronger ...

The total count of active drilling rigs in the U.S. falls by 3 to 1,022, resuming a pattern of declines following last week's one-time surge of 19, Baker Hughes reports in its latest weekly survey . More news on: The United States Oil ETF, LP, The United States Natural Gas ETF, LP, iPath ...

By Sam Korus, ARK Analyst, Industrial Elon Musk has stated that Tesla's (TSLA) energy storage business will be as large as its car business in the long term. 1 ARK's research shows that foregoing planned gas peaker plants and replacing them with utility scale energy storage could generate...

Is this oil rally the real thing, or are we in another head fake just before another fall to the low $50s? We can take a look at supply fundamentals, technicals and sentiment to try and triangulate whether this current oil rally has legs or not. Supply We’ll begin with supply fund...

Introduction After last week's surprising build of 7.2 million barrels in the oil market, we were wondering if this was an anomaly, the effects of the shipping channel disruptions, or just a timing issue regarding tanker offloads. Well, we added another 7 million barrels to oil inventories a...

By Owain Johnson At a Glance U.S. oil traded in an electronic auction for the first time in March, with 17 energy companies participating Auction enables U.S. exporters to reach international audience The U.S. shale revolution has turned the global energy markets upside down. The...

The below OPEC charts were taken from data in the OPEC Monthly Oil Market Report . All data is through March 2019 and is in thousand barrels per day. There was another big decline in OPEC production in March, down 534,000 barrels per day. The decline was mostly in Saudi Arabia, Venezuel...

"As far as 2019 is concerned, amongst the analyst community there is an extraordinarily wide divergence of view as to how strong growth will be," the IEA said in its closely-watched monthly report. More news on: The United States Oil ETF, LP, iPath S&P Crude Oil Total Return Index ET...