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

EIA reported a very bullish oil storage report this week. Products and crude drew higher than normal and the big 4 storage is set to fall below the five-year average in the coming week. In August, the big 4 (crude, gasoline, distillate, and jet fuel) all drew seasonally higher with product...

Crude oil prices ( USO +2.3% ) enjoy strong gains after Saudi Arabia's newly chosen energy minister , Prince Abdulaziz bin Salman, confirmed expectations that there would be no radical change in the country's oil policy. More news on: The United States Oil ETF, LP, Helmerich & Pay...

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Oil prices kept an upward momentum for the second week running, with Brent finishing at $61.54 per barrel and WTI advancing to $56.52. Bullish sentiment returned to the market after the US and China agreed to hold trade talks in October that renewed hopes for a resolution to their dispute. ...

Originally published on 3 Sept. 2019 By Bluford Putnam After a quiet start, the hurricane season is expected to pick up steam in the fall, likely disrupting oil production and exports in the US Gulf of Mexico. Editor's Note : The summary bullets for this article were chosen ...

The price action in the crude oil market has reflected the bullish and bearish price forces that are pulling the price of the energy commodity in opposite directions. On days when the price is under pressure, it feels like it's only a matter of time until oil will fall below the $50 per barr...

In this article, we examine the significant weekly order flow and market structure developments driving WTI's price action. As noted in last week's WTI Weekly , the primary expectation for this week was for price discovery lower. This expectation did not play out as key demand was tested an...

The total count of U.S. active drilling rigs posts its third consecutive weekly decline, falling by 6 to 898 after dropping by 12 a week earlier, according to the latest weekly survey from Baker Hughes. More news on: The United States Oil ETF, LP, The United States Natural Gas ETF, LP, i...

No two market cycles are identical. We see that this time a strong US$ is the response to autocratic government threat to native capital that has driven that capital to Western markets, especially so to the US. The US/China tariff initiatives have accelerated capital out of China driving the y...

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 ...