SZO News and Press, DB Crude Oil Short ETN From 07/17/19

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In its latest monthly report covering through the month of June for 2019, OPEC came out with some interesting data that tells something of a mixed story for oil investors and other market participants. For this year, the picture looks to be incredibly bullish, but while bears might point out t...

The American Petroleum Institute reportedly shows a draw of 1.4M barrels of oil for the week ending July 12, following an 8.13M-barrel draw in the previous week. More news on: The United States Oil ETF, LP, iPath S&P Crude Oil Total Return Index ETN, VelocityShares 3X Long Crude ETN,...

Welcome to the at-risk edition of Oil Markets Daily! EIA's latest drilling productivity report was released today and well productivity estimates were revised lower for the Permian and Eagle Ford. As a whole, if US shale oil basins complete the same amount of wells as 2018, then we wil...

Crude prices are steadying as U.S. oil companies begin restoring some of the nearly 74% of production that was shut in the Gulf of Mexico ahead of Hurricane Barry. More news on: Anadarko Petroleum Corporation, BHP Group, Chevron Corporation, Energy stocks news, News on ETFs, Top stock ma...

Right now, the oil industry is facing a significant degree of volatility, with fears from investors and market watchers alike centering around the prospect of weakening demand and a continued increase in the US output. In its latest Short-Term Energy Outlook report, the EIA (Energy Informati...

An oil pump is seen at sunset outside Scheibenhard, near Strasbourg, France, October 6, 2017. (REUTERS) The EIA forecast US oil production to average 12.36 million bpd in 2019, up about 40,000 bpd from last month's forecast, and 13.26 million bpd in 2020. OPEC kept its modest global oi...

Hurricane Barry has been downgraded back to a tropical depression as it moves inland, with more than 110K customers experiencing power outages in Louisiana and Mississippi. More news on: Entergy Corporation, Phillips 66, Cheniere Energy, Inc., Energy stocks news, News on ETFs, Read m...

In this article, we examine the significant weekly order flow and market structure developments driving WTI price action. The primary expectation for this week was for price discovery lower. This expectation did not play out as buying interest emerged early week within balance above last wee...

The following June OPEC data is based on the latest July OPEM Monthly Oil Market Report and is in thousand barrels per day. OPEC 14 crude-only production was down 68,000 barrels per day in June. Iran continues to decline, down 142,000 barrels per day in June. Iraq is still pretending q...