Invesco DB Oil Fund ETF News

Russia's energy ministry said on Thursday that its oil production in May exceeded quotas set by the OPEC+ group of major oil producing countries, while pledging to meet its obligations.

Crude oil continues to make a lot of noise at this point in time, and therefore it makes a lot of sense that people are trying to pick it back up, finding value in these drops. Whether or not that hol

The advance in oil futures has taken a pause after new U.S. inventory data this week did not provide support, together with Wednesday's Federal Reserve meeting. Still, oil prices have gained about 3%

Oil futures fell Thursday, feeling pressure a day after government data showed U.S. crude and gasoline stocks unexpectedly rose.

Fed's delayed rate cuts, rising U.S. crude stockpiles, and cautious demand forecasts suggest continued pressure on oil prices.

Zeina Rizk, Amwal Capital Partners Co-Head of Fixed Income says the IEA report is worrying but won't impact oil markets in the short term. She also discusses GCC fixed income, including Turkey and Egy

Crude stockpiles surged unexpectedly, causing WTI to slip to $78.25. What does this mean for future oil and gas prices?

Oil prices fell in early trade on Wednesday as investors digested news that the U.S. Federal Reserve has opted against cutting interest rates in the near future, while ample U.S. crude and fuel stocks

The International Energy Agency (IEA) has raised concerns about a potential oversupply in the global oil market, warning that a surge in US-led production could outstrip demand by a staggering 8 milli

The bearish EIA report did not put pressure on the oil markets.

Gasoline inventories increased by 2.6 million barrels from the previous week.

The crude oil market rallied in the early hours on Wednesday, as the market continues to look for momentum to the upside. This is a market that continues to see a lot of noise, but we have been overso

Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.

The Department of Energy raised its global oil demand forecast and sees a supply deficit this year. OPEC maintained robust oil demand and economic growth forecasts.

Oil futures rose Wednesday as investors sifted through a raft of updated forecasts and awaited official data on U.S. inventories after industry figures showed a decline last week in crude stocks.