SZO News and Press, DB Crude Oil Short ETN From 01/04/20

In this article, we examine the significant weekly order flow and market structure developments driving WTI price action. As noted in last week’s WTI Weekly , the primary expectation for this week was for price discovery higher, barring failure of 61.06s as support. This expectation ...

By Ed Moya The start of the New Year has seen a drastic switch in focus from trade wars to possibly a US-Iran war. The focus for the week ahead was supposed to be the leaking of the details of the phase-one trade deal, but that will not be the case. Financial markets will now closely follo...

U.S. oil futures rallied to their highest close in more than seven months , as the U.S. airstrike that killed a top Iran military commander sparked fears of an escalation in the Middle East that could disrupt the flow of crude. More news on: The United States Oil ETF, LP, United States Br...

The number of active drilling rigs in the U.S. declines by another 9 to 796, following last week's drop of 8 to 805, according to the latest Baker Hughes weekly survey . More news on: The United States Oil ETF, LP, The United States Natural Gas ETF, LP, VelocityShares 3x Long Natural Gas ...

EIA Petroleum Inventories: Crude -11.5M barrels vs. -3.3M consensus, -5.5M 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, News on the U.S. economy, Energy stocks new...

By Warren Patterson, Head of Commodities Strategy ; Chris Turner, Global Head of Strategy and Head of EMEA and LATAM Research ; Antoine Bouvet, Senior Rates Strategist ; Timothy Rahill, Credit Strategist ; Nadège Tillier, Senior Credit Analyst ; Trieu Pham, Emerging Markets Soverei...

Introduction At The Energy Forum, we work hard to recommend quality energy investments. The world is based on energy consumption - it's the highest correlated variable towards economic success. Two of the largest sources of energy in the world are oil and natural gas and, as a result, many o...

Oil prices "will likely hold" around $70 a barrel, "but could make a run at $80 if the conflict spreads to the oil fields of southern Iraq or if Iranian harassment of commercial shipping intensifies," analysts at Eurasia Group wrote in a research note. More news on: The United States Oil...

The stock market selloff is deepening after the U.S. took out one of the most senior and revered generals in Iran, Qassem Soleimani (top Iraqi paramilitary commander Abu Mahdi al-Mohandes was also killed). More news on: SPDR Dow Jones Industrial Average ETF, SPDR S&P 500 Trust ETF, I...

Welcome to the EIA 914 edition of Oil Markets Daily! EIA 914 came out on Tuesday and was smack in line with our estimate of ~12.65 mb/d. One thing we find reassuring so far this year is that our estimate of US oil production has been the least surprising variable . This gives us comfo...