SZO News and Press, DB Crude Oil Short ETN From 07/20/19

In this article, we examine the significant weekly order flow and market structure developments driving WTI price action. As noted in last week’s WTI Weekly , the primary expectation for this week was for price discovery higher. This expectation did not play out as selling interest e...

( We recently published our Q2 2019 letter here updating our oil thesis , and invite readers to read it for further context ). There's been much talk about Saudi Arabia and whether it is "doing enough" to rebalance the oil market. Let's take a look at the most recent data given JODI's updat...

Crude oil ticks slightly higher following unconfirmed reports that Iran has seized a U.K.-flagged oil tanker ; WTI crude +0.6% to $55.66/bbl, Brent +1% to $62.54/bbl. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P Crude Oil Total Return Index...

The number of active U.S. drilling rigs declines by another 4 to 954 after falling by 5 in the previous week, marking the 9th decline in the total count over the past 11 weeks, according to Baker Hughes' latest report . More news on: The United States Oil ETF, LP, The United States Natura...

The International Energy Agency doesn’t expect oil prices to rise significantly because demand is slowing and there is a glut in global crude markets, Executive Director Fatih Birol told an energy conference in New Delhi. More news on: The United States Oil ETF, LP, iPath S&P ...

Crude oil pops higher after Iran’s Revolutionary Guard said it had seized a foreign tanker in the Strait of Hormuz; U.S. WTI  +0.8% at $57.22/bbl, Brent +1% at $64.27/bbl. More news on: The United States Oil ETF, LP, iPath S&P Crude Oil Total Return Index ETN, Velocity...

Commodities were on mostly sound footing in the first half of 2019. The S&P GSCI returned more than 13 percent as of June 30, one of the best first six months in recent memory. It was not without its challenges, though. In a repeat of last year, crude oil was the top-performing commodity...

As the clouds of weak global economic growth started to shroud oil markets, the U.S. - Iran rivalry prevented oil prices from falling further. I opined in one of my articles that we will likely see $40 oil very soon, but after a few days, two tankers were attacked in the Gulf of Oman, lead...

EIA Petroleum Inventories: Crude -3.1M barrels vs. -2.7M consensus, -9.5M last week. More news on: The United States Oil ETF, LP, iPath S&P Crude Oil Total Return Index ETN, ProShares Ultra Bloomberg Crude Oil ETF, Energy stocks news, Stocks on the move, Commodities news, News on ...

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