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DBO / China reopening will increase oil prices by $5-7 per barrel, says Lipow Oil Associates' Andy Lipow

China reopening will increase oil prices by $5-7 per barrel, says Lipow Oil Associates' Andy Lipow
Andy Lipow, Lipow Oil Associates president, joins 'Power Lunch' to discuss what he sees with China and oil demand, how much oil the country will consume once it reopens and what it'll mean for U.S. consumers at the gas pump. Read More
Posted: Dec 27 2022, 14:59
Author Name: CNBC Television
Views: 111915

DBO News  

DBO: As Good As It Gets To Trade Oil

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DBO: As Good As It Gets To Trade Oil

Oil prices have been rising, sparking concerns of inflation, but the momentum may not last. Invesco DB Oil Fund ETF is a good option for investing in more_horizontal

Oil futures end lower after posting a more than 2% weekly gain

By Market Watch
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Oil futures end lower after posting a more than 2% weekly gain

Oil prices ended a bit lower on Monday, easing back after logging a more than 2% gain last week. While demand concerns continue to “headline downsid more_horizontal

Can Oil ETFs Extend its Winning Streak for First Time Since June'22?

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Can Oil ETFs Extend its Winning Streak for First Time Since June'22?

The energy market is on a tear. However, weakening economic growth in China can cause trouble in the oil patch. more_horizontal

Oil Market Could Be Poised for Future Strength

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Oil Market Could Be Poised for Future Strength

The global transition to alternative energy sources is dominating the energy news in the capital markets as of late. However, that doesn't mean there more_horizontal

Oil futures gain more than 2% for the week

By Market Watch
June 16, 2023

Oil futures gain more than 2% for the week

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Oil Plunges Under $70, Downside Risks Ahead For DBO

By Seeking Alpha
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Oil Plunges Under $70, Downside Risks Ahead For DBO

Oil prices have dropped sharply in recent weeks due to concerns about global economic growth and a strong U.S. dollar. The Invesco DB Oil Fund ETF is more_horizontal

Oil Price Forecast: Weaker Despite Tighter Supply and Demand; Debt Default Concerns Weigh

By FXEmpire
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Oil Price Forecast: Weaker Despite Tighter Supply and Demand; Debt Default Concerns Weigh

Oil prices decline on tightening supply, persistent debt default risks, and Memorial Day's impact on summer fuel demand. more_horizontal

Oil prices end lower on ‘economic headwinds'

By Market Watch
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Oil prices end lower on ‘economic headwinds'

Oil futures settled lower on Monday, giving back a portion of the back-to-back prices gains late last week. Overall, oil prices have “generally shif more_horizontal


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