SZO News and Press, DB Crude Oil Short ETN From 09/05/19

The oil market is a tricky one, with several different working parts of significance, and data coming from just a few major organizations bearing any real weight. Given all of this, it can be easy to overlook vital data that can help give some indication as to the future of the space. Perhaps ...

Crude oil prices ( USO +1.7% ) continue to climb , reacting to a third consecutive weekly decline in U.S. crude stockpiles and plans for U.S.-China trade talks next month. More news on: The United States Oil ETF, LP, Noble Corporation plc, Southwestern Energy Company, Energy stocks news...

Welcome to the shortage edition of Oil Markets Daily! Oil prices are staging a ferocious rally today with the news that the Hong Kong situation will be de-escalated quickly flowing through risk assets. Oil prices, serving as the go-to whipping boy for all macro trades, are now spiking up...

The American Petroleum Institute reportedly shows a surprise build of 401K barrels of oil for the week ending Aug. 30, following an 11.1M-barrel draw in the previous week. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, VelocityShares 3x ...

Volatile crude oil ( USO +4.4% ) followed three days of losses with a big rebound , helped by today's broad market pickup on amid easing tensions in Hong Kong and data showing China's services sector expanded at the fastest pace in three months as new orders rose; WTI settled +4.3% to $...

BP ( BP +1.1% ) CFO Brian Gilvary expects global oil demand to grow by less than 1M bbl/day in 2019 as consumption slows, after expanding by 1.3M bbl/day in 2018 to nearly 100M bbl/day. More news on: BP p.l.c., The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Retu...

By Andy Hipskind While most people may not realize it, shippers and energy companies have spent the last four years readying themselves for this January. What could require years of coordinated preparation by these companies? In 2016, the International Maritime Organization ((IMO)) affir...

Crude oil prices plunge ( USO -3.7% ), hit by rising OPEC and Russian oil production as well as the protracted U.S.-China trade dispute; October WTI -4% to $52.87/bbl, Brent -2.3% to $57.28/bbl. More news on: The United States Oil ETF, LP, Buckeye Partners, L.P., Equinor ASA, Ener...

By Jeffrey Halley With U.S. and Canadian markets closed overnight for Labor Day, it was British Prime Minister Boris Johnson that provided a fireworks display that Guy Fawkes would be proud of. With Parliament due to return from their summer recess today before being suspended from next we...

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...