Invesco DB Oil Fund (DBO)
| Assets | $204.22M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 16.35M |
| Dividend (ttm) | $0.43 |
| Dividend Yield | 3.46% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 562,755 |
| Open | 12.32 |
| Previous Close | 12.17 |
| Day's Range | 12.22 - 12.42 |
| 52-Week Low | 11.59 |
| 52-Week High | 15.93 |
| Beta | 0.26 |
| Holdings | 5 |
| Inception Date | Jan 5, 2007 |
About DBO
Fund Home PageThe Invesco DB Oil Fund (DBO) is an exchange-traded fund that is based on the DBIQ Optimum Yield Crude Oil index. The fund tracks an index of crude oil futures contracts. It optimizes its contract selection based on the shape of the futures curve to minimize contango. DBO was launched on Jan 5, 2007 and is issued by Invesco.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $0.42837 | Dec 26, 2025 |
| Dec 23, 2024 | $0.66977 | Dec 27, 2024 |
| Dec 18, 2023 | $0.63851 | Dec 22, 2023 |
| Dec 19, 2022 | $0.10021 | Dec 23, 2022 |
| Dec 23, 2019 | $0.17378 | Dec 31, 2019 |
| Dec 24, 2018 | $0.1344 | Dec 31, 2018 |
Performance
DBO had a total return of -12.58% in the past year, including dividends. Since the fund's inception, the average annual return has been -2.35%.
News
Oil falls on prospect of higher Venezuelan output, ample supply outlook
Oil prices fell on Tuesday as traders weighed the prospect of higher Venezuelan crude output following the U.S. capture of President Nicolas Maduro, adding to expectations of ample global supply this ...
What Venezuela Changes in Energy Picture & Crude Oil's "Slippery Slope"
Carley Garner believes the market "got it right this time" by pricing crude oil futures higher following the U.S. capture of Venezuelan president Nicolás Maduro. That said, she tells investors don't b...
Unleashing Venezuela's oil reserves could significantly lower prices: UBS managing director
UBS managing director and senior portfolio manager Jason Katz discusses how Venezuela's political transition could affect markets in the short and long term on ‘Varney & Co.' #fox #media #breakingnews...
U.S. refineries could be a big beneficiary of Venezuelan oil, says Jim Cramer
'Mad Money' host Jim Cramer talks the impact of the U.S. involvement in Venezuela on the markets.
Not a lot of enthusiasm by big oil companies to jump into Venezuela right away: RBC's Helima Croft
Helima Croft, RBC Capital Markets Managing Director & Global Head of Commodity Strategy, joins 'Fast Money' to talk the impact of the U.S. military's involvement in Venezuela and its impact on the oil...
Monday's Final Takeaways: Bitcoin Rallies While Oil, Memory Stocks Stay Volatile
The first full trading week of 2026 started with more volatility than investors expected after the U.S. took Venezuela's president into custody over the weekend. Oil was the biggest mover of Monday's ...
Trump administration has spoken to multiple oil companies about Venezuela, White House official says
A White House official said the Trump administration has spoken to multiple oil comapnies about Venezuela. President Donald Trump said Saturday said that U.S. oil companies would invest billions of do...
The market has anointed Chevron the big Venezuela winner. But oil majors face a long road before any payoff
President Trump's call for U.S. oil companies to rebuild Venezuela's energy sector after the overthrow of President Nicolas Maduro is easier said than done.
Paying over $100 billion to rebuild Venezuela's oil industry won't be the biggest obstacle facing U.S. oil companies
For the oil market, the hype is real — the U.S. now has the opportunity to to more freely access crude from Venezuela, a country that's widely accepted to be home to the world's largest oil reserves. ...
Defense Stocks Could be Set for a Strong 2026 as Geopolitical Uncertainty Continues to Shape Investment Strategies
Although 2026 is shaping up to be the year of the defense stock, it appears likely that the investment strategy will remain prone to high levels of volatility.
OIL SHOCKWAVE: Venezuela operation puts global energy markets on notice
‘The Big Money Show' panelists react to the US military capture of Nicolas Maduro and what it means for oil markets, China and American power.
Here's Why Oil Is At Q1 2021 Levels Despite Tension In Venezuela
As a new oil trading year begins, crude futures continue to trade at or near their lowest levels in five years, as fears of a glut and uncertainty over demand in 2026 continue to weigh on traders' min...
Oil prices could fall sharply in late 2026 into 2027, says Charles Schwab's Sonders
CNBC's "Power Lunch" team discusses the setup for stocks in 2026, what investors should, the market reaction to the U.S. military action in Venezuela and more with Liz Ann Sonders, chief investment st...
What Maduro's capture means for the future of Venezuela, oil, and markets
Over the weekend, Venezuela's Nicolás Maduro and his wife were captured by US forces. We speak to experts about the fallout for Venezuela's government, oil prices, markets, and the potential impact on...
Any significant Venezuelan oil production recovery will be slow, costly: Energy Aspects' Sen
CNBC's "The Exchange" team discusses the market reaction to U.S. military action in Venezuela with Amrita Sen of Energy Aspect and Katerina Simonetto of Morgan Stanley Private Wealth.
Michael Burry's bet on a U.S. takeover of Venezuelan oil that he has held for years
Michael Burry, known for “The Big Short,” said he has owned Valero Energy since 2020. He views the position as being increasingly attractive as the U.S. prepares to take a role in reviving Venezuela's...
3Fourteen Research's Pies: Venezuela's unrest unlikely to impact the oil market in the near term
Warren Pies, co-founder at 3Fourteen Research, joins CNBC's 'Money Movers' to discuss the impact of geopolitics on oil markets, expectations for oil prices this year, and more.
U.S. oil companies in Venezuela? That's news to them
President Donald Trump said Saturday that U.S. oil companies will invest billions of dollars in Venezuela's energy sector after the overthrow of President Nicolas Maduro. But will that actually be the...
Rebuilding Venezuela's Oil Industry Will Cost Billions, Morse Says
President Donald Trump's plan to revive Venezuela's oil industry could cost over $100 billion. Energy veteran Ed Morse, Hartree Partners Senior Advisor, joined Bloomberg Open Interest to explain why r...
Venezuela Oil Too Heavy to be Desired, Analyst Says
Mukesh Sahdev, Founder CEO & Chief Oil Analyst at energy markets consultancy XAnalysts, says there's been a lot of "hot talk and wrong analysis" on the significance of Venezuela's oil reserves. He say...
What's Next for Oil Market After US Captures Maduro?
Jorge León, a former OPEC official and now Rystad Energy's Senior Vice President and Head of Geopolitical Analysis, talks about possible supply disruptions, the lack of American oil majors' response s...
How Trump's capture of Maduro is impacting oil markets, Wall Street, AMD & Nvidia CEOs speak at CES
Morning Brief anchor Julie Hyman breaks down the latest market moves for January 5, 2026. Over the weekend, Venezuela's Nicolás Maduro and his wife were captured by US forces.
Trump Trade War: U.S. Tariff Threats on India Reshape Global Oil Market
The Trump trade war has escalated with new U.S. tariff threats on India over Russian oil imports, forcing India into a difficult balancing act between energy security and economic pressure.
"Shock and Awe:" How Maduro Capture Impacts Oil, CVX & U.S. International Relations
Ben Emons offers his perspective on the U.S. capture of Venezuelan president Nicolás Maduro. He's surprised to see the risk-on reaction in markets prior to Monday's opening bell, adding that companies...
Venezuela enters a new phase as stability, oil, and diplomacy take center stage
Michelle Caruso-Cabrera, CEO of MCC Global Enterprises, and NYU Latin American history professor Alejandro Velasco analyze why the U.S. is prioritizing stability, oil access, and pragmatism over rapid...
Why Big Oil Is Unlikely To Run Back To Venezuela
Venezuela possesses a significant history in oil and gas development, spanning more than a century, with ongoing advancements in the sector. Following the decision by the United States to remove Nicol...
Venezuela crisis unlikely to disrupt oil supply, Brent forecast remains at $57/bbl, ING Group says
Oil prices reacted to the recent US arrest of Venezuelan President Nicolas Maduro by focusing on the long-term potential for increased supply, suggesting the market is anticipating a smooth power tran...
Chevron stock soars 8%. What analysts are saying about big oil companies after Maduro's capture
Shares in the oil sector were flying on Monday, led by Chevron and ConocoPhillips, as investors scrambled to assess what the capture of Venezuelan President Nicolás Maduro by the U.S. military over th...
Traders Turn to Safe Havens, Defense as Oil Falls on U.S. Maduro Capture
Oil prices slipped as global markets and U.S. futures assessed the U.S. arrest of Venezuela President Nicolas Maduro and President Trump's promise to open up the country's oil reserves.
US ousts Maduro - but is that enough for oil companies to go back to Venezuela?
David Roche, veteran investor and strategist with Quantum Strategy, discusses the challenges US energy companies will still face in Venezuela despite Maduro being captured by the US. Venezuela's oil o...
Is Trump's Venezuela Oil Plan a $100 Billion Gamble?
President Donald Trump said US oil companies will spend billions of dollars to rebuild Venezuela's energy infrastructure after the capture of Nicolás Maduro, the country's former leader. The nation ha...
Analyst explains oil market's 'ambivalence' to US moves on Venezuela
Saul Kavonic, Head of Energy Research at MST Marquee, explains the different factors keeping oil prices in balance despite the dramatic US moves on Venezuela. He says Venezuela is an important source ...
Oil Wavers as Traders Assess Venezuela Fallout
Oil fluctuated as investors weighed the fallout from the capture of Venezuelan President Nicolás Maduro by US forces on global crude supply and its wider impact on the nation's energy sector. Meanwhil...