SZO News and Press, DB Crude Oil Short ETN From 11/23/19

The price of nearby NYMEX crude oil futures has traded in a range from $44.35 to $66.60 in 2019. However, the price of the WTI energy commodity futures has not been below the $50 per barrel level since the week of January 7. The price of NYMEX futures hit its high for this year in late April, ...

It's been a traumatic few months in the oil markets with the price of crude influenced by a variety of forces causing substantial volatility. While much ink has been spilled regarding oil market fundamentals and directional calls, I believe that a large-scale switch into outright bullishness i...

Much like Natural Gas, Crude Oil is an absolute pleasure to chart and trade. Its larger amplitude movements provide for not only wonderful percentage moves, but it also adheres nicely to Elliott Wave patterns and tends to respect Fibonacci levels such that we can almost always find opportuniti...

The total count of active drilling rigs in the U.S. continues its consistent descent, shedding another 3 rigs to 803 for a fifth straight weekly drop, Baker Hughes says in its latest survey . More news on: The United States Oil ETF, LP, The United States Natural Gas ETF, LP, VelocityShare...

Welcome to the Cut That Growth In Half Edition of Oil Markets Daily! Two days ago, we tweeted out our calculation of US shale well productivity charts. (Be sure to follow us on Twitter for faster updates) US shale oil well productivity continues to decline, which is no surprise to an...

EIA Petroleum Inventories: Crude +1.4M barrels vs. +1.5M consensus, +2.2M last week. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, ProShares Trust II - ProShares Ultra Bloomberg Crude Oil, Energy stocks news, Stocks on the move, Comm...

Introduction Over the last five years, if you've invested anywhere other than hydrocarbon-based energy or its derivatives, it's likely you've made money. Conversely, energy has been a loser with the biggest losses seen in the OSX, dominated by energy service providers. Source , Chart by...

Using inventories to predict oil prices has some merit, but it is only one factor to consider. For example, last October and November, crude oil prices crashed, leading up to the imposition of sanctions on Iranian oil, and the granting of waivers. That price development had nothing to do with ...

The American Petroleum Institute reportedly shows a build of 5.95M barrels of oil for the week ending Nov. 15. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, VelocityShares 3x Long Crude Oil ETN, Energy stocks news, Commodities news, New...

Oil prices have been exceptionally stable through most of 2019 establishing itself comfortably at about $60/bbl (Brent) with little deviation except briefly in the aftermath of the attack on the Saudi oil facilities this summer. However, I believe that oil prices are about to experience a hard...