Invesco DB Oil Fund
Latest Invesco DB Oil Fund News and Updates
MiscellaneousCould the Oil Rig Count Threaten Bullish Bets on Oil Prices?
The US oil rig count rose by three to 768 for the week ended August 11, 2017. Macroeconomic AnalysisInflation in Colombia Continues to Fall in July 2017
Consumer prices in Colombia (GXG) rose 3.4% on a year-over-year basis in July 2017, lower than the 4.0% rise in June 2017. Macroeconomic AnalysisWhy Indonesia’s Manufacturing Activity Fell
Manufacturing activity in Indonesia In July 2017, manufacturing activity in Indonesia (EIDO) fell at the fastest pace in 19 months, mainly due to sharp decline in its output. Indonesia’S (EEM) manufacturing PMI (purchasing managers’ index) fell to 48.6, compared with 49.5 in June 2017, according to an IHS Markit report. New orders also fell in July […] Macroeconomic AnalysisIs Russia’s Current Account Deficit in June Temporary?
Russia’s (ERUS) current account recorded a $0.3 billion gap in 2Q17 as compared to a $23.3 billion surplus in the previous quarter and a $2 billion surplus in the same period. Macroeconomic AnalysisDid China’s Imports Rise on Its Structural Shift in June 2017?
China’s (FXI) imports rose to $153.8 billion in June 2017, a 17.2% rise year-over-year (or YoY) and a 2% rise month-over-month. MiscellaneousOil Rigs: Oil Prices Could Make a U-Turn
The US oil rig count extended to 765 in the week ending July 14, 2017—a gain of two rigs compared to the previous week. Macroeconomic AnalysisIs Negative Inflation Suggesting Contraction in Thailand in 2017?
Thailand’s (EEM) inflation in June 2017 exceeded the market estimate of a 0.1% drop. MiscellaneousWhy Oil Prices Could Plunge
The US oil rig count rose by seven to 763 in the week ended July 7, 2017. This was the rig count’s highest level since April 10, 2015. MiscellaneousOil Rigs: Will Oil Prices Rise More?
On June 23–June 30, the US oil rig count fell by two to 756. The fall was marginal, but it was the first fall after rising for 23 consecutive weeks. MiscellaneousWill US Crude Oil Hit $40 Next Week?
On June 22, 2017, WTI crude oil (USO) (OIIL) active futures’ implied volatility was 29.7%, up 1.7% compared to its 15-day average. MiscellaneousRising Oil Rigs: Oil Bears’ Friend, Oil Bulls’ Foe
In the week ended June 16, 2017, the US oil rig count was 747, its highest level since the week ended April 17, 2015. MiscellaneousWhere Will US Crude Prices Settle?
On June 15, 2017, US crude oil active futures’ implied volatility was 27.9%. Macroeconomic AnalysisImport Prices and Crude Oil Keep US PCE Inflation Down
When the Fed refers to “inflation,” it’s talking about the rate of change in PCE (personal consumption expenditure) inflation. This is the price index for PCE. Company & Industry OverviewsComparing Tanker Companies’ Operating Expenses per DWT
Vessel operating expenses mainly include crewing, repair and maintenance, and insurance expense, but not fuel cost (DBO). Macroeconomic Analysis5- and 10-year VLCC Prices Higher in February
Five-year VLCC prices in February increased to $80.9 million from $80.7 million in January. Ten-year VLCC prices fell to $52.2 million from $52.8 million. Earnings ReportA snapshot of Navios Maritime Holdings’ fourth quarter earnings
Navios Maritime Holdings (NM) is a global seaborne shipping and logistics company. It’s focused on the transport and transshipment of dry bulk commodities.