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SZO News and Press, DB Crude Oil Short ETN From 09/21/19

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Company Name: DB Crude Oil Short ETN
Stock Symbol: SZO
Market: NYSE

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SZO - 3 Factors That Could Impact U.S. Monetary Policy

On the latest edition of Market Week in Review, Quantitative Investment Strategist Dr. Kara Ng and Head of AIS Business Solutions Sophie Antal Gilbert discussed the U.S. Federal Reserve's (the Fed) latest rate cut and the surge in oil prices. Is another Fed rate cut possible this year?...

SZO - Crude oil wraps up biggest weekly gain since June

Crude oil prices ( USO +0.1% ) ended little changed today but posted their best week in three months , lifted by rising Middle East tensions and supply concerns after last weekend's attack on Saudi Arabia's oil infrastructure. More news on: The United States Oil ETF, LP, Energy Select S...

SZO - Geopolitics Driving Oil Market And Aramco's Future

In spite of lower crude oil prices over the last year, based on the laws of supply and demand, U.S. oil and gas companies had been adjusting to a new normal. OPEC-plus was making room for increased U.S. production. Iran, Venezuela and a few other producers were part of the equation for suppl...

SZO - U.S. rig count drops another 18 for fifth straight drop

The total count of active drilling rigs in the U.S. sheds another 18 to 868 for its fifth consecutive weekly decline, Baker Hughes reports in its latest survey . More news on: The United States Oil ETF, LP, The United States Natural Gas ETF, LP, VelocityShares 3x Long Natural Gas ETN, Ene...

SZO - Crude Traders... Remember The Middle East?

Like a Fresh Prince of Bel-Air flashback from the early 1990s, Middle East violence and geopolitical fears shot back into commodity traders' lexicon Monday - with Oil spiking nearly 20% on news there was a coordinated drone attack against Saudi Arabia's oil infrastructure. The fantastical head...

SZO - Gasoline surges as flooding creates havoc in Texas

Gasoline futures rallied amid reports of massive flooding in Texas, leading to concerns of a slowdown in refining activity and lower demand for crude oil. More news on: The United States Gasoline ETF, LP, The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN...

SZO - Crude oil bounces as Saudi supply risks come into view

Crude oil prices rebound after a sharp two-day pullback, as emphasis shifts to supply risks resulting from the drone attacks on Saudi oil infrastructure; WTI October crude +1% to $58.62/bbl, Brent +1.5% to $64.56/bbl. More news on: The United States Oil ETF, LP, Energy Select S...

SZO - The Oil Price Increase And The Dollar

It would be an understatement to say that a sustained increase in international oil prices is the last thing that a slowing global economy now needs. It would also be true to say that a sustained increase in oil prices would likely lead to a further strengthening of the US dollar that would he...

SZO - Oil Prices Spike On Fears Of Middle East Conflict

Original Post By Stuart Burns The drone and cruise missile strikes on Saudi Arabian oil installations this week caused a massive spike in oil prices as the market reacted with surprise to the news - but should it have been such a surprise? The strike said to have been made by some ...

SZO - Saudi Oil Site Attacks Exacerbate Tightening Supply, Add To Price Risk Premium

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 ...

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