Invesco Db Oil Fund ETF News

Red-hot inflation reading (due to COVID-19-and-war-induced supply chain issues) has been hitting headlines across the developed markets lately.

We are still in negative gamma, and that works both ways - big moves up and down. The options market is pointing to strong support at 4050-4000 on the S&P 500. We closed at 4123 on Friday.

Crude oil supply and demand issues are creating a bullish stance. Buying crude oil sensitive companies on weakness makes the most sense. Read more...

Here is what you need to know about investing in commodities.

The raging war between Russia and Ukraine has brought some ETF areas into the limelight as they are seeing some gains since the attack.

Happy Thursday! Investors have been focused on the recession signal sent by the U.S. bond market this week as the Federal Reserve aims to fight high inflation through interest rate hikes this year.

US crude storage failed to build in Q1. What does this mean for oil prices and how high will they go? Click here to read about our thoughts.

OPEC + Russia crude exports are up month-over-month. Read more to see why we still believe oil and energy stocks are in the correction/consolidation phase.

Diesel prices in Northern Ireland have fallen slightly, with the highest price falling by 4p a litre to 182.9p.

Dow Jones futures dropped Thursday following Wednesday''s stock market surge. U.S. oil prices jumped back near $100 a barrel.

The International Energy Agency warned energy markets could face “the biggest supply crisis in decades.”

Just like IOC, HPCL also bought Russian Urals crude through European trader Vitol, sources with knowledge of the development said.

Nigeria’s economy has continued to struggle to keep up to its title ‘Africa’s largest economy’ with its dwindling oil production, low standard of living, and the rising cost of goods and services. From stabilising its oil production which is the country’s largest source of revenue to keeping its foreign reserve afloat to strengthening its weak naira, the country has a long way to go with having the strong economy it desires. Here are seven charts that shows the Nigerian economy struggles; Crude oil has been accelerating since November 2021 when it was an average of $67.57 and it has since then increased to an average of $95.22 for the month of February. Petrol-dollar economies like Nigeria anticipate an increase in price as this means more money to fund their budgets. This however isn’t the case for Nigeria, Africa’s biggest economy, which has seen a decline in oil production over the past months. Nigeria, Africa’s largest oil producer has continued to see instability with its oil production.

Swiss Re said from July 2023, it would no longer provide individual insurance to oil and gas companies responsible for the world’s most carbon-intensive 10% of production

A report by State Bank of India (SBI) economists showed that the ongoing conflict between Russia and Ukraine might impact certain high-frequency indicators like financial markets, exchange rate and crude prices in the short term for India. However, amidst the negative clamour, the Indian economy could see a silver lining as it may have the opportunity to fill the vacuum in global trade due to the war. ET''s Sachin Dave and Kiran Kabtta Somvanshi explain.