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

Oil prices surged Monday after attacks on Saudi Arabia’s Abqaiq processing plant and Khurais oil field Saturday suspended more than half the country’s oil production. While the ultimate impact will depend on a combination of the extent of damage, the U.S. and Saudi response, and ...

Oil prices surge after an attack on Saudi Arabian oil facilities halved the kingdom's production. Michael O'Brien, Portfolio Manager, TD Asset Management, speaks with Anthony Okolie about the implications for the energy Read more ...

The steepest single day fluctuation in oil history took place when Brent crude price skyrocketed by 19 percent to $71.95 per barrel on the market opening on Monday. It followed the attacks on the world's largest crude oil processing facility in Saudi Arabia - itself the world's largest oil exp...

A century ago, petroleum - what we call oil - was just an obscure commodity; today it is almost as vital to human existence as water. - James Buchan The price of oil is on everyone's lips these days. An attack on a Saudi production facility over the weekend sent shivers on the world's spin...

Kingdom of Saudi Arabia: Whatever it takes Last time we wrote about US crude inventories, we explained how serious KSA was about bringing the oil market to balance. Please see our previous article for reference. Not only KSA, but also Venezuela and Iraq. See below: Source: Author bas...

Welcome to the uh oh edition of Oil Markets Daily! Last month, we wrote an article titled, " Shale Oil Well Productivity Continues To Stagnate ." So it's no surprise that this month's DPR shows US shale oil well productivity turning negative y-o-y for the first time since October 2016. ...

Crude oil prices extend yesterday's losses after Pres. Trump said he ordered the Treasury Department to "substantially increase" sanctions on Iran, although it is not yet clear what steps the president directed Treasury Secretary Mnuchin to take. More news on: The United States Oil ETF...

The American Petroleum Institute reportedly shows a build of 592K barrels of oil for the week ending Sept. 13, following a 7.23M-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 Long Crud...

U.S. WTI October crude oil (NYSEARCA: USO ) settled -5.7% to $59.34/bbl, near its lows of the day following news that Saudi energy minister bin Salman said oil production capabilities were fully restored and that oil output will return to pre-attack levels by the end of this month . ...

Crude oil plunges suddenly in reaction to a Reuters report that says Saudi Aramco is close to restoring 70% of the 5.7M bbl/day of production knocked offline by the weekend attacks, and output likely will be fully back online in the next 2-3 weeks. More news on: The United States Oil ET...