NYSEARCA:DBO

Invesco Db Oil Fund ETF News

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$21.49
-0.450 (-2.05%)
At Close: Jun 05, 2026
WTI crude drops as OPEC+ hikes output, but Russia sanctions risk new supply shock. Traders eye $66.56 support as bearish momentum builds.
Goldman Sachs on Sunday reiterated its oil price forecast with Brent averaging $64 per barrel in the fourth quarter of 2025 and $56 in 2026, but expects an increasing range of risks to its baseline es
Oil prices slipped in early Asian trade on Monday after OPEC+ agreed to another large production hike in September.
U.S. stock-market futures declined Sunday, after Wall Street ended last week with its worst session since April.
Crude oil outlook hinges on Russian sanctions and OPEC+ output decisions as traders brace for fresh supply signals and macro risks next week.
Eight OPEC+ countries meeting on Sunday have agreed to raise oil output in September by 548,000 barrels per day, three OPEC+ sources said while the meeting was under way. The group will hold its next
OPEC+ has agreed in principle to boost oil output by 548,000 barrels per day in September, two OPEC+ sources familiar with the discussions said.
Oil markets retreat as traders focus on Non Farm Payrolls data.
The crude oil market has had a strong week, as the President of the United States threatened Russia with further sanctions, as well as tariffs for countries that purchase Russian oil, kicking off pote
The Friday session continues to see a lot of chop in the oil markets, as the market is trying to sort out the situation with Russian oil, as Donald Trump has threatened massive sanctions again, and ta
CNBC's Becky Quick reports on the company's quarterly earnings results.
Crude oil slips on U.S. tariff fears, but bullish oil outlook holds as supply risks and key technical levels support upside potential in WTI futures.
Exxon said it earned $7.1 billion, or $1.64 per share. The results outpaced LSEG estimates, which called for a profit of $1.54 per share.
CNBC's Becky Quick reports on the company's quarterly earnings results.
Exxon Mobil beat Wall Street estimate for second-quarter profit on Friday as higher oil and gas production helped the top U.S. oil producer overcome lower crude prices.
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