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DBO / DBO: Oil Prices On The Verge Of Massive Downside Move (Technical Analysis)

DBO: Oil Prices On The Verge Of Massive Downside Move (Technical Analysis)
As the dollar ebbs and flows, oil prices have consolidated. I see key support repeatedly being tested on the prompt-month WTI oil futures price. Read More
Posted: Mar 14 2023, 16:05
Author Name: Seeking Alpha
Views: 102316

DBO News  

DBO: As Good As It Gets To Trade Oil

By Seeking Alpha
September 13, 2023

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
September 11, 2023

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?

By Zacks Investment Research
August 15, 2023

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

By ETF Trends
July 21, 2023

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

Oil futures climbed on Friday, with U.S. benchmark prices posting a gain of more than 2% for the week. “Chinese oil demand has been the biggest unce more_horizontal

Oil Plunges Under $70, Downside Risks Ahead For DBO

By Seeking Alpha
May 31, 2023

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
May 23, 2023

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
May 1, 2023

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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