SZO News and Press, DB Crude Oil Short ETN From 12/14/19

It's been a terrible year for those invested in most oil names, and especially those in the SPDR S&P Oil & Gas Exploration & Production ETF ( XOP ). While the S&P 500 ( SPY ) has managed to put up a robust double-digit return year-to-date, the SPDR S&P Oil & Gas Explo...

In 2016, OPEC had the brainstorm to pump up production in the hope that it would force US producers out of business. By flooding the market with petroleum, the expectation was that the energy commodity would drop to a level where US output costs would exceed the market price. Bankruptcies woul...

Whether it's the macro front or the oil market-specific front, things are starting to look a lot brighter. We will go through in this article these two topics to explain why we see a brighter future ahead. Oil market fundamentals - the slowdown in non-OPEC supply growth will change sentime...

The OPEC data for the charts below are from the OPEC Monthly Oil Market Report and is thousand barrels per day. OPEC 14 was down 193,000 barrels per day in November, but that was after October production had been revised up by 94,000 bpd. Algeria slightly increased production in November...

With many emerging markets battling the deflationary force of low commodity prices, this fall’s crude oil rally is a welcome sign. Oil prices are threatening to break out above the benchmark $60 level, which would be good news for the world economy. In this report, I’ll make the ...

Saudi Arabia is quietly trying to mend fences with Iran and other regional foes, as it grows more worried about the risks conflict poses to its oil-dependent economy, WSJ reports. More news on: The United States Oil ETF, LP, iPath S&P GSCI Crude Oil Total Return Index ETN, Velocity...

Instrument The S&P GSCI Crude Oil Total Return Index ( OIL ) reflects the returns that are potentially available through an unleveraged investment in the West Texas Intermediate crude oil futures contract. In other words, the return on the index is directly proportional to the return on ...

Crack or refining spreads in the oil market are the economics of processing a barrel of crude oil into products. Gasoline and distillates, including heating oil, jet, diesel, and other fuels are all petroleum products. The primary ingredient in the products is the raw crude oil, so the price a...

Crude oil futures ( USO -0.7% ) pulled back from three-month highs after the latest weekly U.S. government data showed an unexpected increase in domestic supplies ; January WTI settled -0.8% to $58.76/bbl, February Brent -1% to $63.72/bbl. More news on: The United States Oil ETF, ...

December is shaping up to be a significant month for oil investors and the broader oil market. Crude prices have begun to rise following news that OPEC and its non-OPEC partners have agreed to a further reduction in production of around 0.50 million barrels per day. This move is taking with ...