SZO News and Press, DB Crude Oil Short ETN From 07/28/19

A Port Authority officer points at the Bavand, one of two stranded Iranian vessels, anchored at the port in Paranagua, Brazil, Thursday, July 25, 2019. ((AP)) Oil prices remain relatively stable and ended on Friday with slight losses, taking them close to where they started the week. Brent...

A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Gulf. (REUTERS/Raheb Homavandi/File Photo) Before Iran started targeting oil tankers and facilities in the Gulf three months ago, Iranian Oil Minister Bijan Zanganeh said that Tehra...

My August West Texas Intermediate oil price forecast ranges between $52.50 and $62.50 per barrel. The range is $2.50 lower than it was last month. While my prior forecast was okay, WTI prices spent most of the time hugging the bottom end of the range. With this month's forecast, I am anticip...

The price of crude oil has been under pressure since trading to a high at $66.60 per barrel on the nearby NYMEX futures in late April. Crude oil fell to a low at $50.60 in early June and recovered to a high at $60.94 before turning lower once again. At around $56 per barrel on July 26, crude o...

The number of active U.S. drilling rigs falls for the 10th time in 12 weeks, shedding another 8 rigs to 946 following last week's decline of 4, Baker Hughes says in its latest report . More news on: The United States Oil ETF, LP, The United States Natural Gas ETF, LP, iPath S&P Crude ...

We recently updated our energy thesis in a Q2 2019 update letter, which our readers can find here . One of the key points we shared in the letter was what happens in the next few months will be critical for determining how the market unfolds in H2 2019. In order for oil prices to recover ma...

By Dennis Coyne US tight oil legacy decline can be estimated by assuming no future tight oil completions in the various US tight oil basins. The charts below illustrate such an estimate for the Permian, North Dakota Bakken/Three Forks, Eagle Ford, Niobrara, and other tight oil basins (not ...

Not long ago, a rise in tensions in the Middle East would send oil prices swiftly higher, even if no oil supply disruption occurred. Recently, tanker incidents have provided little spark to prices and have actually provided shorting opportunities. Many articles written about Iran and Mid-Eas...

Petroleo Brasileiro SA ( PBR ) is a Brazilian oil, natural gas, and energy company that is involved in prospecting, drilling, refining, processing, trading, and transporting crude oil from off and onshore oil fields and shale producing areas. The gas and power segment of the company is involve...

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...