Invesco DB Oil Fund (NYSEARCA:DBO – Get Free Report)’s share price rose 0.8% on Tuesday . The stock traded as high as $12.41 and last traded at $12.40. Approximately 257,719 shares traded hands during mid-day trading, a decline of 30% from the average daily volume of 366,003 shares. The stock had previously closed at $12.30.
More Invesco DB Oil Fund News
Here are the key news stories impacting Invesco DB Oil Fund this week:
- Positive Sentiment: U.S. actions around Venezuelan tankers and President Trump’s statement that seized crude/tankers will be kept have lifted supply-risk premiums for crude, supporting oil futures and ETFs that track oil contracts. Trump says U.S. will keep the crude oil and tankers seized near Venezuela
- Positive Sentiment: Market reports that the U.S. intercepted a Venezuelan oil tanker have pushed traders to price in possible supply disruptions, a direct bullish catalyst for oil-linked vehicles like DBO. Oil prices gain on US interception of Venezuelan oil tanker over weekend
- Positive Sentiment: Short-covering amid Venezuela supply concerns and shipping risks has lifted crude; such squeezes tend to help near-term oil ETF performance. Oil News: Short-Covering Lifts Crude Oil as Venezuela Disruptions Hit Supply
- Positive Sentiment: Technical momentum: crude reclaimed its 20‑day moving average and is testing the 50‑day resistance area (~$59), which supports further near-term gains if broken. Crude Oil Price Forecast: Rally Reclaims 20-Day – 50-Day $59.13 Test Ahead
- Positive Sentiment: DBO declared an annual distribution of $0.4284, which can attract income-seeking investors and support demand for the fund’s shares. DB Oil Fund declares annual distribution of $0.4284
- Neutral Sentiment: Macro/structural debate: commentary argues that long-term narratives around oil demand and under‑investment could produce volatile swings—this is a mixed, longer‑term factor rather than an immediate directional driver. Oil Price News: The Death of Oil, Greatly Exaggerated?
- Neutral Sentiment: Analysts note that geopolitical risk is clashing with a 2025 oversupply outlook—near-term direction depends on which force dominates. Natural Gas and Oil Forecast: Supply Risks Clash With 2025 Oversupply Outlook
- Negative Sentiment: Technical caution: some outlets warn of a likely short-term technical correction after recent sharp gains—this poses short-term downside risk for DBO if momentum stalls. Oil Futures Slip With Venezuela, Russia-Ukraine in Focus
- Negative Sentiment: Broader demand signals: U.S. gasoline prices falling to multi-year lows could weigh on oil demand narratives and cap upside if weak demand persists. Gas prices fall to four-year lows as millions embark on holiday road trips
Invesco DB Oil Fund Price Performance
The company has a 50 day moving average of $12.83 and a 200-day moving average of $13.33. The company has a market cap of $207.70 million, a P/E ratio of 2.38 and a beta of 0.43.
Institutional Inflows and Outflows
About Invesco DB Oil Fund
PowerShares DB Oil Fund (the Fund) is a separate series of PowerShares DB Multi-Sector Commodity Trust (the Trust). The Fund is a based on the DBIQ Optimum Yield Crude Oil Index Excess Return (the Index). The Fund seeks to track the changes, whether positive or negative, in the level of the DBIQ Optimum Yield Crude Oil Index Excess Return (the Index) over time, plus the excess, if any, of the Fund’s interest income from its holdings of United States Treasury Obligations and other high credit quality short-term fixed income securities over the expenses of the Fund.
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