SZO News and Press, DB Crude Oil Short ETN From 10/18/19

The total count of active drilling rigs in the U.S. falls by 5 to 851, resuming its steady decline after last week's small gain broke a streak of seven straight weekly declines, according to Baker Hughes' latest survey . More news on: The United States Oil ETF, LP, The United States Natur...

Crude oil is the energy commodity that powers the world. While environmental concerns make crude oil's future uncertain, hydrocarbons continue to be the most ubiquitous fuel source on the earth. The addressable market for crude oil has grown dramatically since the beginning of this century. In...

It’s a Pascal wager now. Nothing so spiritual mind you, but certainly asymmetrical. We’ve forsaken the comfort of low volatility for transcendental gains, or at least gains that would have to garner a hallelujah to make this journey worth it. The crucible we found ourselves in th...

Oil prices continue to look for direction after some cooling off of Middle East tension and a tentative Brexit deal offset concerns over cooling growth in China and a fifth straight weekly rise in U.S. crude supplies. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oi...

Crude oil futures zigged-zagged their way to gains, closing at highs of the day after the U.S. and Turkey announced a five-day cease fire in Syria and overcoming earlier losses that followed a fifth straight weekly rise in U.S. crude stockpiles . More news on: The United States Oil ETF,...

Welcome to the negative productivity edition of Oil Markets Daily! First, let us state a few things readers must understand. Rig counts may fall, but well completions may remain elevated, resulting in declining DUCs (drilled but uncompleted wells). Production is based on how many w...

The American Petroleum Institute reportedly shows a build of 10.5M barrels of oil for the week ending Oct. 11, following a 4.1M-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 Crud...

By Stacey Morris While a regulatory body may seem like a dry topic, midstream investors should have a basic understanding of the Federal Energy Regulatory Commission (FERC), as its oversight powers and policies can have implications for midstream assets. FERC is tasked with regulating inte...

In a previous article for Seeking Alpha , I highlighted that the price action in the gasoline and distillate crack spreads was supportive of both the VLO shares and the price of crude oil. Valero Energy Corporation ( VLO ) refines crude oil into oil products. The company does not take the ris...

Another month, another update from OPEC. Unlike in prior months, though, the group, in its Monthly Oil Report , gave market participants their first look into just how bad the Saudi oil disruption last month was. While this will prove to be a short-term impact on the global oil market, even i...