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Buy DBO
$21.49
-0.450 (-2.05%)
At Close: Jun 05, 2026
Russia's oil and gas revenue halved in January y/y to lowest since July 2020
05:02am, Wednesday, 04'th Feb 2026
Russian state oil and gas revenues halved in January compared to the same month of last year, hitting their lowest level since July 2020, according to finance ministry data.
Gulf stocks rise on firmer oil, earnings; Mideast tensions in focus
03:57am, Wednesday, 04'th Feb 2026
Most Gulf stock markets rose in early trade on Wednesday, tracking firmer oil prices and upbeat corporate earnings, while investors assessed the potential market fallout from escalating Middle East te
Valaris Limited: Stormy Oil Markets Shift My High Conviction Here
03:56am, Wednesday, 04'th Feb 2026
Valaris Limited remains a Strong Buy, driven by robust operating leverage and resilient day rates despite oil oversupply concerns. OPEX per day is structurally stable, enabling VAL to fully capitalize
Venezuela tells China oil prices won't be set by the U.S., seeks to reassure investment after Maduro capture
03:54am, Wednesday, 04'th Feb 2026
Venezuela says oil prices will follow markets, not U.S. pressure, amid sanctions uncertainty. The Venezuelan ambassador to China also sought to assure that Chinese investment in Venezuela will be secu
Natural Gas and Oil Forecast: Inventory Shock Lifts Oil Can $66 – WTI Break Next?
02:38am, Wednesday, 04'th Feb 2026
Oil prices climb toward $64 after a sharp inventory draw and renewed supply risks. WTI eyes $66 as traders weigh geopolitics, OPEC+ signals, and trend support.
Why India Will Struggle to Reduce Its Reliance on Russian Oil
11:00pm, Tuesday, 03'rd Feb 2026
India relies on Russia for roughly a third of its oil imports, up from just 2% before Russia invaded Ukraine in early 2022.
US says it has returned to Venezuela all $500 million of initial oil sale
08:32pm, Tuesday, 03'rd Feb 2026
The United States has now returned to the Venezuelan government all $500 million from the initial sale of oil that was part of a deal reached between Caracas and Washington last month, a U.S. official
Oil Rises Amid U.S.-Iran Tensions
08:18pm, Tuesday, 03'rd Feb 2026
Oil rose in the morning Asian session amid U.S.-Iran tensions.
Oil giants brace for a bruising earnings season — with shareholder returns at risk
07:01pm, Tuesday, 03'rd Feb 2026
Weaker crude prices have ramped up the pressure on Big Oil's commitment to allocating cash to shareholders. Norway's Equinor, France's TotalEnergies, and Britain's Shell and BP are all expected to rep
Crude Oil Price Forecast: Pullback Tests Uptrend Support
05:16pm, Tuesday, 03'rd Feb 2026
A pullback in WTI may be complete after a rebound near $61.5. A close above the 200-day line could set up targets near $67 and $71.
U.S. could issue general license for oil companies to produce in Venezuela this week, source says
03:57pm, Tuesday, 03'rd Feb 2026
The Trump administration could issue a general license this week allowing U.S. companies to pump oil in Venezuela, said a person familiar with the plan. Chevron is the only U.S. company currently allo
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As U.S. Navy Shoots Down Iranian Drone
01:44pm, Tuesday, 03'rd Feb 2026
U.S. Navy shot down the drone that was moving towards an aircraft carrier.
US soon to license expanded oil production in Venezuela, sources say
01:16pm, Tuesday, 03'rd Feb 2026
The U.S. government is working to issue as early as this week a general license allowing companies to produce oil and gas in Venezuela, as the Trump administration seeks to expand output from the OPEC
US refiners struggle to absorb sudden surge in Venezuelan oil imports
12:21pm, Tuesday, 03'rd Feb 2026
Oil refiners on the U.S. Gulf Coast are struggling to absorb a rapid surge in Venezuelan crude shipments since last month's flagship $2 billion supply deal between Caracas and Washington, pressuring p
Trafigura ships first Venezuelan fuel oil to Europe in nearly two years
11:42am, Tuesday, 03'rd Feb 2026
Trader Trafigura has moved the first shipment of Venezuelan fuel oil to Europe in nearly two years, two trading sources and data seen by Reuters showed.
