Invesco Capital Management LLC - Invesco Short Term Treasury ETF

Invesco DB Oil Fund

DBO tracks an index of crude oil futures contracts. It optimizes its contract selection based on the shape of the futures curve to minimize contango.

United States Brent Oil Fund LP

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

iShares U.S. Oil & Gas Exploration & Production ETF

VanEck Vectors Oil Services ETF

iPath Pure Beta Crude Oil ETN

Invesco Dynamic Oil & Gas Services ETF

ProShares Ultra Bloomberg Crude Oil

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

Oil rose by as much as 3% on Wednesday after a huge container ship ran aground and blocked the Suez Canal, a key shipping route for crude and refined products, which raised some concern about fuel supply.  Overall, the price of oil is set to fall for the third consecutive week this week. Another round of lockdowns in Europe could threaten the recovery in demand growth and have undermined some of the recent strength in the oil market.

Oil rises as much as 3% after a grounded container ship blocks the key Suez Canal trade route

Oil futures rise Wednesday, with support attributed to a blockage of the Suez Canal after a ship ran aground.

Futures Movers: Oil prices bounce as ship mishap blocks Suez Canal

Oil prices edged higher on Wednesday as investors looked for bargains following the previous day's plunge, but gains were capped as pandemic lockdowns in Europe and a build in U.S. crude stocks curbed risk appetite and raised oversupply fears.

Oil rises on bargain-hunting but oversupply fears cap gains

The American Petroleum Institute reported late Tuesday that U.S. crude supplies rose by 2.9 million barrels for the week ended March 19, according to sources. The data also reportedly showed gasoline stockpiles down by 3.7 million barrels, while distillate inventories rose by 246,000 barrels.

API reports a weekly climb of nearly 3 million barrels in U.S. crude supplies, sources say

Crude oil and crude related ETFs are dropping again on Tuesday, while inverse crude ETFs are climbing, as broken key technical levels and fallout from Fed comments continue to push prices downward. West Texas Intermediate crude oil, the United States benchmark, is having a tough day on Tuesday.

Inverse Crude ETFs Rally, Oil Breaks Below $60 a Barrel

U.S. oil futures fell more than 6% on Tuesday to settle in correction territory, with front-month prices down nearly 13% from the recent high of $66.09 on March 5, according to Dow Jones Market Data. Renewed lockdowns due to rising COVID-19 cases in Europe and snags in the vaccine rollout continued to feed concerns about energy demand.

U.S. oil prices in correction territory after 6% drop

Oil futures fall sharply Tuesday, pressured by fears renewed lockdowns to combat the coronavirus pandemic in Europe would crimp energy demand.

Futures Movers: Oil prices sink 4% as European COVID curbs raise demand worries

Oil & Gas Daily Flow Non-Independent Research; Marketing & Sales Commentary - MiFID II exempt information – see disclaimer below   Click for PDF   Market Update: Tuesday 23 March 2021 Pantheon Resources (AIM:PANR): Formal approval received from the Alaska Department of Natural Resources UK Oil & Gas (AIm:UKOG): UKOG steps up activity ahead of appraisal drilling in Turkey   Energy Prices          Brent Oil US$63.5/bbl vs US$64.2/bbl yesterday WTI Oil US$60.5/bbl vs US$61.0/bbl yesterday Natural Gas US$2.55/mmbtu vs US$2.51/mmbtu yesterday   Oil Price News  Despite a sell down last week, factors have started to emerge in recent weeks that point to a correction in oil demand and which point to a rebound to stronger levels in the second half of this year Currently, oil demand trends in different regions are mixed, with the picture in Europe clouded by renewed lockdowns and sluggish vaccination programs in many countries But travel and consumption patterns in the world's top oil consumer, the US, and in the world's top oil importer, China, point to recovering demand for petroleum products Those two countries, major consumers of crude, could lead global oil demand out of the woods and lead the global consumption rebound later this year Travel statistics show that US consumers are driving and flying this month at the highest rate since the pandemic forced the US into lockdowns in March last year Chinese demand for road fuels is back to pre-COVID levels, with airline travel also rebounding from last year's lows As recent months have shown, the global oil demand recovery will not be a straight line up, with unknowns around virus variants and vaccination passports   Gas Price News  Natural Gas Prices moved higher yesterday, testing resistance levels and rising more than 1.8% The rally came despite the forecast of moderating temperatures that is expected to move eastward and keep the climate above normal for the next 8-14 days Demand declined last week in the US as the heating season approaches the end Asian demand for US exports was strong throughout the winter and now, heading into spring, European demand is mounting as storage levels on the continent dwindled substantially in recent months Since Winter Storm Uri resulted in reduced outages and gas conversation for residential use in Texas, LNG demand has risen 10.0Bcf/d in the past month Further demand gains are possible – perhaps even eclipsing 12.0Bcf/d if all terminals achieve maximum demonstrated demand levels at the same time Gains in LNG feed gas and Gulf Coast industrial demand for natural gas this week may help offset declines in weather-driven demand, allowing small withdrawals to continue near-term   Company News Pantheon Resources (AIM:PANR): Formal approval received from the Alaska Department of Natural Resources Share Price: 39p, Market Cap: £240m Further to its announcement in January 2021, PANR has confirmed the Company has now received formal approval from the Alaska Department of Natural Resources for the acquisition of 100% of the share capital of Borealis. Borealis owns a 10.8% working interest in each of the 16 leases in the Talitha Unit and thus the completion of this transaction increases PANR's working interest in the Talitha Unit from 89.2% to 100% (with Pantheon's net revenue interest increasing from 77.05% to 86.0%).

Today's Oil & Gas Update - Pantheon Resources, UK Oil & Gas and more.

Oil futures finished slightly higher on Monday, finding support after hefty losses last week. Traders, however, continued to weigh the prospects for energy demand on the back of the latest developments tied to the AstraZeneca COVID-19 vaccine and renewed lockdowns in Europe.

Oil futures finish with a modest climb as traders weigh the latest prospects for energy demand

Oil's recent sell-off may have just been a temporary setback for bullish traders and investors riding out the ebbs and flows of the commodity. At its current level, oil could be in an area of value and primed for opportunity with the Invesco DB Oil Fund (DBO).

Oil's Recent Sell-Off Could Put Invesco's ‘DBO' in an Area of Value

Crude-oil futures add to losses Monday morning, after last week producing their largest weekly loss since October as worries over renewed lockdowns and a sluggish vaccine rollout in parts of Europe continued to dog energy markets.

Futures Movers: Oil prices remain under pressure after largest weekly slide since October

Oil prices resumed their decline on Monday, falling around 1% as worries about a drop in demand for fuel products in the wake of yet more European lockdowns dominated trading.

Oil falls as European lockdowns douse recovery hopes

Oil futures ended sharply higher on Friday, getting a boost, in part, due to reports of an attack on an oil facility in Saudi Arabia. Prices, however, posted a big decline for the week, pressured by concerns over the slow vaccine rollout in Europe, which poses a risk to the recovery in energy demand.

Oil futures mark first climb in 6 sessions, suffer a more than 6% weekly loss

Oil futures are on track to post a loss of more than 7% this week, the largest since October, but analysts at Goldman Sachs this week suggest that prices are merely taking a break from a rally in crude that's set to continue.

The Tell: Why Goldman Sachs sees a ‘buying opportunity' in oil's recent selloff

Oil futures climbed toward their highest levels of the trading session Friday, buoyed by reports that an oil facility in Saudi Arabia was attacked by drones. Aljazeera reported that Saudi Arabia said drones struck an oil facility in the capital of Riyadh Friday and ignited a fire, though authorities did not name the facility.

Oil prices climb toward session highs on report of an attack on Saudi oil facility

Oil prices continued to decline on Friday. The commodity's reversal threatens to derail one of the most popular trades of 2021—a bullish bet on oil and related stocks.

Oil Prices Keep Falling as the Reopening Hits Obstacles

Oil & Gas Daily Flow Non-Independent Research; Marketing & Sales Commentary - MiFID II exempt information – see disclaimer below   Market Update: Friday 19 March 2021 SDX Energy (AIM:SDX): FY20 results ahead of expectations   Energy Prices          Brent Oil US$63.0/bbl vs US$67.2/bbl yesterday WTI Oil US$59.8/bbl vs US$63.8/bbl yesterday Natural Gas US$2.51/mmbtu vs US$2.52/mmbtu yesterday   Oil Price News  Oil prices saw a significant pull back yesterday afternoon with WTI sliding 8.68% to US$58.99/bbl whilst Brent fell below US$63/bbl It is the biggest drop in absolute terms since April 2020, when US oil prices slipped into negative territory The market has been broadly conflicted in its predictions during the recent price rally, with bulls signalling there is more room to run, making proclamations of a coming super cycle Others, more cautious in their outlook, have warned for a couple of weeks that the optimism present in the oil markets were unjustified The recent rally was largely on the back of OPEC+ production cuts instead of ramping up production as the market had anticipated The passing of the third round of stimulus in the US had also bolstered oil market sentiment But a rising dollar, increased crude inventories in the US, growing fears of a resurgence in coronavirus cases and vaccine safety concerns in Europe have proven to weigh on any gains Those concerns are linked directly to oil demand resurgence and markets are viewing this demand picture as less favourable today, as shown by crude futures which show the market backwardation is waning WTI's front-month contract is once again trading at a discount to the following month Crude oil WTI April contract is now trading at US$59.46/bbl while the May contract is trading at US$59.57/bbl Gas Price News  Natural gas prices moved lower on Thursday following a smaller than expected draw in natural gas stockpiles according to a report from the US Department of Energy Natural gas in storage was 1,782Bcf as of Friday 12 March 2021, according to the EIA This represents a net decrease of 11Bcf from the previous week Expectations were for a 31Bcf draw in stockpiles according to survey provider Estimize Stocks were 253Bcf less than last year at this time and 93Bcf below the five-year average of 1,875Bcf At 1,782Bcf, total working gas is within the five-year historical range The weather is expected to remain warmer than normal for most of the US East coast for the next 6-10 day as well as during the next 8-14 days Company News SDX Energy (AIM:SDX): FY20 results ahead of expectations Share price: 17.2p, Market Cap: £35.3m Despite a challenging global and sector backdrop, SDX's FY20 results underline a year of operational progression. On a financial level, the Company achieved a netback of US$36.5m, 29% higher than the same period in 2019, was driven by a full year of production from South Disouq.

Today's Oil & Gas Update - SDX Energy and more.

Oil futures trade flat to slightly lower Friday, attempting to stabilize after the previous session's plunge that was inspired by worries over Europe's sluggish vaccine rollout.

Futures Movers: Oil wobbles after Thursday's rout

OPEC producers and their allies, led by Saudi Arabia and Russia, may be underestimating the resilience of U.S. shale, according to one analyst.

US oil producers could surprise Saudi Arabia, Russia

Oil prices fell on Friday, extending losses for a sixth day as a new wave of COVID-19 infections wash across Europe, spurring new lockdowns and dampening hopes for a recovery in demand for fuels anytime soon.

Oil slump deepens as Europe faces pandemic lockdowns

Oil prices were sharply knocked down Thursday, hurt in part by a dimmer outlook from Europe as the region battles rising COVID-19 cases counts and a sluggish rollout of vaccinations to curb the spread of the disease. Brent oil, the international benchmark, extended its run of losses into a fifth session and West Texas Intermediate crude was in its sixth consecutive session in the red.  "Europe is struggling with COVID. Their pickup in crude demand is likely to lag the Americas and it's probably going to really threaten a lot of hopes that we were going to see a big pickup this summer," Ed Moya, senior market analyst at Oanda, told Insider on Thursday. Brent oil fell 8% to $62.52  barrel and WTI fell by 8.3% to $59.25 per barrel.  Several European countries were recording a rise in coronavirus infections, prompting France on Thursday to declare new lockdown measures in Paris while Italy this week imposed movement restrictions.

Oil tumbles 8% as uneven vaccine rollout threatens demand prospects

Stocks ended lower Friday, with rising bond yields putting heavy pressure on the tech-heavy Nasdaq Composite, while the Dow Jones Industrial Average pulled back from record territory and the S&P 500 extended early losses as a sharp drop in oil prices weighed on the energy sectors. The Dow fell around 153 points, or 0.5%, to close near 32,862, according to preliminary figures, after trading at an all-time high earlier in the session following its first-ever close above the 33,000 level on Wednesday.

Stocks end lower as bond yields rise and falling oil prices drag down energy sector

Oil futures ended sharply lower on Thursday, with the slow vaccine rollout in Europe feeding concerns over the pace of recovery in energy demand and rising tensions between the U.S. and Russia pushing prices to their lowest settlement in over two weeks. "There are growing concerns about demand in light of the fact that several large European economies have halted the distribution of the AstraZeneca-Oxford vaccine," said David Madden, market analyst at CMC Markets UK.

Oil futures drop 7% to settle at lowest in more than 2 weeks

WTI $64.60 -20c, Brent $68.00 -39c, Diff -$3.40 -19c, NG $2.53 -3c, UKNG 46.25p +2.04p Oil price Oil has been quiet all week as the vaccine worries in the EU are offset by good progress in the US. The Fed has upped US GDP forecasts to 6.5% from 4.2% and whilst acknowledging some inflationary risk says accommodative policies will remain.

Oil price, Genel, IOG, BPC, Predator, Block. And finally…

Oil futures trade lower for a fifth straight session on Thursday, unable to shake off weakness tied to a rise in U.S. crude inventories.

News for Invesco DB Oil Fund ETF (DBO)