NYSEARCA:DBO

Invesco Db Oil Fund ETF News

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$21.49
-0.450 (-2.05%)
At Close: Jun 05, 2026
Oil prices could tread as high as $100 a barrel in 2024, Goldman Sachs' Jeff Currie said. The outgoing commodities chief pointed to demand outweighing the supply of crude.
Oil prices are moving lower as bulls take some profits off the table.
Oil futures are within spitting distance of the $100-a-barrel threshold as September comes to an end, extending a breakneck rally that's sent shock waves through global financial markets.
Crude oil prices reached an new high for the year, driven by Saudi Arabia's production cuts. But Riyadh may soon lift the restrictions, Rapidan's Bob McNally told Bloomberg TV.
The energy sector has been the best-performing market segment so far this month, with oil prices surging 30% over the past three months. Despite rising rates and recession fears, resilient crude oil p
The crude oil markets initially shot higher during the trading session on Thursday but have given back quite a bit of the gain to show that a pullback might be coming.
Frackers are constrained by investor payouts, inflation and interest rates, keeping spending in check.
Oil futures topped $95 per barrel for the first time in a year, as traders react to dwindling inventories.
Amid OPEC+ production cuts, West Texas Intermediate (WTI) crude futures ascend past $95, marking a significant Crude Oil News event.

Oil rises on US crude draws, tight global supply

08:17pm, Wednesday, 27'th Sep 2023
Oil prices rose in early Asian trade on Thursday after surging to the highest settlement in 2023 in the previous session as a steep drop in U.S. crude stocks added to worries of tight global supplies.
Helima Croft, RBC, joins 'Fast Money' to talk oil prices as WTI crude hits its highest level since August 2022.
US oil prices topped $94 a barrel on Wednesday for the first time in over a year, threatening to push up prices at the pump and inflation across the economy.
Shares of Exxon Mobil Corp. XOM, +2.93% rallied nearly 3% on Wednesday and were on track for a record close, according to data going back to November 1972. It would be a fourth straight sessions of ga
Oil markets rally as traders focus on the current supply/demand balance.
Oil and gas activity in three key energy producing U.S. states has been rising with the latest jump in energy prices, according to a survey released on Wednesday, signaling a turn in producers' sentim
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