NYSEARCA:DBO
Invesco DB Oil Fund ETF News
$15.21
-0.0700 (-0.458%)
At Close: May 31, 2024
Crude Oil Price Forecast – Crude Oil Continues to See Support
09:38am, Tuesday, 21'st May 2024
The crude oil market continues to see a lot of support, despite the fact that there is a ton of momentum at this point. This market continues to question whether or not there is a surge coming due to
Oil prices drift lower but remain stuck in narrow range as market struggles to find catalysts
08:40am, Tuesday, 21'st May 2024
U.S. crude oil and global benchmark Brent have traded in a $3 range this month since selling off from April highs.
Brent oil market structure weakens as tightness concern eases
08:19am, Tuesday, 21'st May 2024
The structure of the benchmark Brent crude oil futures market fell on Tuesday to its weakest since February, another indication that concern about tight supply for prompt delivery is easing.
Crude oil prices drop by over 1.5% amid Federal Reserve's stance on interest rates
08:14am, Tuesday, 21'st May 2024
Crude oil prices experienced a significant drop of more than 1.5% on Tuesday as the United States Federal Reserve provided no clear indications regarding potential interest rate cuts. The uncertainty
Oil prices drift lower as traders fret over Fed, look for catalysts
06:31am, Tuesday, 21'st May 2024
Oil futures were lower early Tuesday as traders worried over the outlook for crude demand as the Federal Reserve maintains higher interest rates.
TotalEnergies moves ahead on $6 billion Kaminho oil project in Angola
06:21am, Tuesday, 21'st May 2024
French oil major TotalEnergies is pressing ahead with the development of the Kaminho oil project 100 kilometers off the coast of Angola after a final investment decision on the block, it said on Tuesd
Crude Oil News: Fed's Inflation Stance Caps Gains, Pressures Prices
05:42am, Tuesday, 21'st May 2024
Given the persistent inflation concerns and the cautious stance of the Fed, the outlook for crude oil prices remains bearish in the short term.
India's Russian oil imports rise to nine-month high in April
03:31am, Tuesday, 21'st May 2024
India's Russian oil imports rose a nine-month high in April after shipments on non-sanctioned tankers operated by Russia's largest shipping company Sovcomflot resumed, tanker data obtained from shippi
Natural Gas and Oil Forecast: Prices Fall Less Than 1%, Downtrend Expected?
01:41am, Tuesday, 21'st May 2024
Oil and natural gas prices dropped less than 1%, signaling a possible continuation of the downtrend as market uncertainties persist.
Oil prices fall on fear of high US interest rates depressing demand
09:16pm, Monday, 20'th May 2024
Oil prices fell in early Asian trade on Tuesday, with investors anticipating higher-for-longer U.S. inflation and interest rates will depress consumer and industrial demand.
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Remains Stuck Below $80.00
02:37pm, Monday, 20'th May 2024
Traders bet that death of Iranian President would not raise tensions in the Middle East.
Russia's Volgograd oil refinery has restarted primary unit hit by drone, sources say
02:04pm, Monday, 20'th May 2024
Russia's Lukoil last week restarted a key production unit at its Volgograd refinery, the largest in southern Russia, which was shut earlier this month after being damaged in a drone attack, two indust
Putin says gas output rose over four months, oil declined due to OPEC+ accords
01:48pm, Monday, 20'th May 2024
President Vladimir Putin said on Monday that Russian gas output rose by 8% in the first four months of the year to 246.4 bcm.
Oil Yawned at Iran President's Death. The Next Crisis Could Be Different.
11:31am, Monday, 20'th May 2024
Iranian President Ebrahim Raisi died in a helicopter crash Sunday. It wasn't enough to trigger a regional crisis, Barron's ideas editor writes.
Global oil markets weaken as sluggish demand leaves overhang
09:23am, Monday, 20'th May 2024
Global physical crude oil markets are weakening because of soft refinery demand and ample supply, traders and analysts told Reuters, in a move that could spell further weakness for benchmark crude fut