NYSEARCA:DBO

Invesco Db Oil Fund ETF News

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$21.49
-0.450 (-2.05%)
At Close: Jun 05, 2026
Shares of Chevron Corp. CVX-1.25% rose 0.5% in premarket trading Friday, after the oil giant beat profit expectations, as production reached a record, and has free cash flow more than doubled.
Exxon Mobil CEO Darren Woods said the oil giant is looking for acquisition opportunities in the oil-and-gas space after losing its challenge to Chevron's $53 billion deal to buy Hess.
Chevron second-quarter earnings took a substantial hit due to low oil prices and a loss on its acquisition of Hess Corporation. The oil major's net income declined 43% to $2.49 billion, or $1.45 per s
State-owned Kuwait Petroleum Corporation posted a net profit of 1.366 billion dinars ($4.47 billion) for the fiscal year ended March 31, down 5.8% year-on-year according to Reuters calculations based
Goldman Sachs' MENA Economist Farouk Soussa outlines the risk from Trump's latest tariff wave that goes beyond the baseline tariffs and into the broader financing needs for the region's powerhouse eco
U.S. trade tariffs drive market jitters, fueling volatility in oil and gas prices as supply risks and demand fears compete for investor attention.
Oil prices were little changed on Friday after falling more than 1% in the previous session as traders digested the impact of new higher U.S. tariffs that may curtail economic activity and lower globa
Crude oil holds a bullish posture despite near-term consolidation, as rising support and Fibonacci targets point to a possible continuation toward the top channel line.
Oil markets are moving lower as traders react to trade deals and tariff threats.
Though oil prices have gained this week, the commodity is likely to remain rangebound for the foreseeable future as the market assesses several fundamentals.
The crude oil market looks as if it is drifting a little bit lower in the early hours of Thursday. This is a market that continues to see a lot of external pressures, especially as Trump continues to
Analysts are keeping their oil price forecasts mostly unchanged for 2025, as a rise in OPEC+ output and ongoing U.S. tariff uncertainty weigh on the market, a Reuters poll showed on Thursday.
Traders eye the $69.89 pivot as rising U.S. inventories and fresh geopolitical risks pressure crude oil futures; caution prevails in the market.
WTI holds above $70 as GDP beats and Fed pause fuel bullish sentiment; traders eye tariff risks and OPEC+ output talks for next move.
Shell's second-quarter results come after the energy major announced plans to prioritize shareholder returns and ramp up the cost of savings.
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