SZO News and Press, DB Crude Oil Short ETN From 07/24/19

Crude oil settled sharply lower , as support from a big storm-induced drop in U.S. crude inventories faded and traders turned their attention back to concerns about weaker energy demand. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P Crude Oil...

The American Petroleum Institute reportedly shows a draw of 10.96M barrels of oil for the week ending July 19, following a 1.4M-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,...

By Bob Iaccino At their July meeting in Vienna, OPEC and OPEC+ decided to continue to operate within the parameters of the 1.2 million barrel per day (bpd) production cut laid out in December 2018. The official press release stated the cuts would continue "for an additional period of nin...

Introduction The shale growth story has been a very seductive dialogue the past 15 or so years. Who can argue with a chart like this? EIA You really can't. The proof is in the pudding as shale goes, and shale heretics have been made to sit in the corner with a pointy cap on their head...

Note : This report was first published to HFI Research subscribers on June 30th, 2019. For more exclusive reports like this, see here for more info . In a discussion this week we had with Open Square Capital's Nelson Wu, we pointed out that our scenario for ~380 mbbls by year-end for US ...

We’ve recently stepped away from our weekly review in order to finalize our Q2 2019 letter, which our readers can find here . Now back to the weekly reviews. Continuing our weekly series, Open Insights, we’ll take a look at the EIA’s Weekly Petroleum Status Report (...

Crude futures climbed another 1% overnight to $56.31/bbl after oil spiked late Friday on news that Iran had seized a British oil tanker in the Strait of Hormuz. More news on: The United States Oil ETF, LP, iPath S&P Crude Oil Total Return Index ETN, VelocityShares 3X Long Crude ETN, ...

This May 5, 2019, photo issued by Karatzas Images showing the British oil tanker Stena Impero at unknown location, which is believed to have been captured by Iran. ((AP)) China's economy slowed to the weakest pace since quarterly data began in 1992 amid the ongoing trade standoff with the...

Crude oil is the energy commodity that still powers the world. While concerns about the environment are likely to decrease the use of fossil fuels over the coming years, crude oil continues to be a ubiquitous energy commodity. Over half the world's petroleum reserves are in the Middle East, an...

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...