SZO News and Press, DB Crude Oil Short ETN From 08/25/19

It is so easy to buy highs and sell lows in markets across all asset classes. After all, markets look great when prices are moving higher and terrible during selloffs. Everyone loves a bull market, and most people want to bail out at the first sign of trouble. Blow off tops and bottoms in mark...

If you've been watching the crude markets this week, it's been pretty volatile with the front month contract moving within a $5 per barrel range. On Friday, President Trump and China progressed the trade war hostilities resulting in an immediate sell-off in crude oil. If you can take a step ba...

Crude oil futures settled lower but off their worst levels of the day, as U.S. WTI ended -2.1% to $54.17/bbl with Brent -1% to $59.34/bbl, after China said it would impose tariffs on $75B worth of additional U.S. products including crude imports. More news on: The United States Oil ...

The U.S. total active drilling rig count resumes its decline after a one-week break, falling by 19 to 916, according to Baker Hughes' latest weekly report . More news on: The United States Oil ETF, LP, The United States Natural Gas ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ...

The spring and summer seasons are the time of the year when drivers in the United States put the most mileage on their automobiles. The peak season for gasoline tends to run from May through September each year, because of the weather and vacations. In the futures market, the price of gasoline...

Going long on energy stocks is a unique way to hedge against the broader market if you think a correction or recession is on the way, DataTrek Research co-founder Nick Colas told viewers of Real Vision’s Trade Ideas. As recently as five years ago, energy stocks were 10% of the ...

Welcome to the tighter is better edition of Oil Markets Daily! As we've highlighted in the past, one of the many consequences of much tighter US crude storage fundamentals going forward will be first reflected in physical spreads and different crude qualities. With Alberta announcing a p...

Investment thesis Since our last take on the Invesco DB Oil ETF ( DBO ), our constructive view has not materialized, as increasing geopolitical tensions in the Middle East were offset by mounting trade tensions between China and the U.S. In this context and given the risk-off environme...

Continuing our weekly series, Open Insights, we’ll take a look at the EIA’s Weekly Petroleum Status Report (“WPSR”) for the week of August 16, 2019. EIA reported a crude draw of 2.7 million barrels for the week, as net imports fell off given higher exports and low...

EIA Petroleum Inventories : Crude -2.7M barrels vs. -1.9M consensus, +1.6M last week. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, ProShares Trust II - ProShares Ultra Bloomberg Crude Oil, Energy stocks news, Stocks on the move, Comm...