SZO News and Press, DB Crude Oil Short ETN From 09/03/19

Editor's note: This article was originally published on September 1, 2019 by Menzie Chinn here . Today, we're fortunate to have Willem Thorbecke , Senior Fellow at Japan's Research Institute of Economy, Trade and Industry (RIETI) as a guest contributor. The views expressed represent...

The recent price action in the crude oil market has been bearish. The price was approaching the $50 per barrel level on August 26, as the trade and currency war between the US and China continues to escalate. The threat of a global recession has weighed on the price of the energy commodity as ...

Crude oil is the energy commodity that powers the world. The price of oil tends to rise during periods of economic expansion and fall when the global economy contracts. The United States is the wealthiest nation on the earth, and China is the most populous country. Therefore, the trade war bet...

Brent crude settled above the $60 per barrel barrier as markets continued to be preoccupied with slowing global growth. The grade advanced to $60.43 per barrel while WTI rose to $55.11 per barrel. While economic growth concerns remain amid the ongoing trade war dispute, crude oil balances ...

Valero ( VLO ) is an energy company which focuses on downstream plays in the oil markets ( USO ). The industry as a whole has been facing some longer-term issues since 2015, but has recovered nicely over the past few years as OPEC nations control production to stabilize the market . However...

I expect West Texas Intermediate oil prices to once again range between $52.50 and $62.50, which is the same range as my last month's forecast. August has been a difficult and volatile month for oil prices and equities. There were the US-China tariff flareups followed by the G7. Yet, oil pri...

By Brian Watson, CFA Amid the ongoing volatility of equity prices, underlying midstream fundamentals continue to be healthy. Midstream throughput, as measured by the production of oil, natural gas, and natural gas liquids (NGLs), continues to increase. Midstream capital needs and balan...

The Real Reason Why US Oil Production Has Peaked Raymond James recently estimated that over the last three years the U.S. decline rate for oil has doubled from 1.6 to 3.2 million barrels per day. The drilled but uncompleted well inventory ("DUC") is back to normal, so the number of wells...

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 lower barring sell-side failure at the key demand cluster, 54s-...

Welcome to the flatter than pancake edition of Oil Markets Daily! EIA 914 report came out today and US oil production declined slightly versus May. June production came in at 12.082 mb/d versus 12.115 mb/d. As a result, US oil production finished the first half of 2019 flat versus Decemb...