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Buy DBO
$21.49
-0.450 (-2.05%)
At Close: Jun 05, 2026
OPEC+ Cut Won't Throttle Chinese Oil Demand
09:43am, Thursday, 06'th Apr 2023
The U.S. is looking shaky, but the world's largest energy consumer is still in the early stages of its post-Covid recovery.
U.S. oil futures mark first loss in 5 sessions
02:59pm, Wednesday, 05'th Apr 2023
Oil futures settled modestly lower on Wednesday, with U.S. prices posting a loss for the first time in five sessions. Oil markets have priced in the initial shock of the announced OPEC+ production cut
Natural Gas, WTI Oil, Brent Oil – Oil Markets Continue To Consolidate
02:09pm, Wednesday, 05'th Apr 2023
The EIA report did not have a material impact on the price of oil as traders were not ready for big moves after the recent rally.
Crude Oil Price Forecast – Crude Oil Markets Sit Just Below Major Resistance Again
10:25am, Wednesday, 05'th Apr 2023
Crude oil markets have done very little during the trading session on Wednesday, as we continue to hang around the previous resistance area.
Oil Price Forecast / Update: Flat Trade Despite OPEC+ Output Cuts, API Inventory Declines Ahead of EIA Data
09:41am, Wednesday, 05'th Apr 2023
Despite OPEC+ output cuts, weak economic data in US and China keep oil prices stable.
Oil ticks lower ahead of U.S. inventory data
07:27am, Wednesday, 05'th Apr 2023
Oil futures drifted lower early Wednesday, steadying after sharp gains that followed a round of unexpected OPEC+ production cuts last weekend, as traders weigh worries over the economic outlook agains
Why OPEC's Production Cut Complicates The Inflation Fight, And What It Means For Markets
04:41am, Wednesday, 05'th Apr 2023 Seeking Alpha
Why OPEC's production cut could impact broader markets. An unexpected cut in oil production just made the Fed's job more complicated.
OPEC+ Production Cut: A Massive Gift To The Oil Sector
04:18am, Wednesday, 05'th Apr 2023 Seeking Alpha
OPEC+ decided to cut oil production starting in May by 1.16 million barrels per day. Click here to see my take on what this means for the investment community.
Here's what is really behind OPEC+ oil-production cuts, say energy analysts
05:59pm, Tuesday, 04'th Apr 2023
An unexpected production cut announced on Sunday by OPEC+ oil producers complicates strained relations between the U.S. and Saudi Arabia, with investors seeing signs of geopolitical posturing in the d
The prospect for oil prices will be on the downside rather than the up, says Citi's Ed Morse
03:28pm, Tuesday, 04'th Apr 2023
Ed Morse, Citi global head of commodities research and managing director, joins 'Power Lunch' to discuss services leading China's recovery, declining U.S. demand for oil, and the global natural gas ex
U.S. oil futures settle at their highest since January
02:55pm, Tuesday, 04'th Apr 2023
U.S. oil futures settled higher for a fourth session in a row on Tuesday, at their highest since January, with prices continuing to find support after Sunday's surprise OPEC+ decision to cut productio
Natural Gas, WTI Oil, Brent Oil – Oil Pulls Back From Session Highs Amid Profit-Taking
01:48pm, Tuesday, 04'th Apr 2023
Oil markets may need more time to stabilize after the recent rally as traders were unprepared for the surprising OPEC+ production cut.
Crude Oil Price Forecast – Crude Oil Markets Testing Major Resistance
10:48am, Tuesday, 04'th Apr 2023
Crude oil markets have been somewhat quiet during the trading session on Tuesday, but by being quiet, that's actually a very bullish thing.
Tech Is Bullish on Oil
10:47am, Tuesday, 04'th Apr 2023
The news of the shocking OPEC+ announcement of a supply cut is saturating the minds of investors and market prognosticators. We would like to remind our investors of the longer-term implications of wh
Oil prices build on gains after OPEC+ surprise production cuts
07:37am, Tuesday, 04'th Apr 2023
Oil futures rose Tuesday, extending gains seen the previous session after Saudi Arabia and several of its OPEC+ allies surprised traders on Sunday by announcing a production cut of over a million barr
