SZO News and Press, DB Crude Oil Short ETN From 09/12/19

The driving season is the time of the year when demand for gasoline peaks in the United States. The peak season begins in late May each year. The gasoline futures market tends to move higher in the months leading up to the time when drivers put more clicks on their odometers and consume more o...

"Booming shale production has allowed the U.S. to close in on, and briefly overtake, Saudi Arabia as the world's top oil exporter," the IEA said in its closely-watched monthly report. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, Veloci...

Oil pared an earlier slump as the U.S. postponed China tariff increases by two weeks, while traders continue to watch the World Energy Congress in Abu Dhabi for any headlines that could move prices. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Inde...

Sentiment in the oil market can at best be described as depressed. Implied demand at the end of 2018 through mid-2019 suffered as the effects of trade tensions and the manufacturing slowdown sapped demand for refined petroleum products. Most macro forecasts are calling for oil surpluses in 2...

By Bryce Bingham Presentation link . Disclosure: © Alerian 2019. All rights reserved. This material is reproduced with the prior consent of Alerian. It is provided as general information only and should not be taken as investment advice. Employees of Alerian are prohibite...

Venezuela's crude oil exports continued to fall in August; estimates suggest they have reached their lowest level this year. China increased imports last month, but shipments decreased as purchases have been recently halted due to tougher US sanctions. Venezuela's total exports of crude oil m...

Brazilian oil production increased last month and is now estimated to be approaching 2.8 million b/d. Growth has reached 8% year-on-year. The Lula field, in the pre-salt Santos Basin, has been the largest producer. More than 95% of the country's total oil production now comes from offshore fie...

The American Petroleum Institute reportedly shows a draw of 7.23M barrels of oil for the week ending Sept. 6, following a 400K-barrel build 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 Long Crude...

U.S. crude oil futures ( USO -0.6% ) suddenly turn lower after Pres. Trump said he fired national security advisor John Bolton; WTI  -0.2% to $57.74/bbl, Brent +0.3% to $62.80/bbl. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P GSCI Cr...

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...