Invesco DB Oil Fund (DBO)
| Assets | $220.79M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 16.35M |
| Dividend (ttm) | $0.43 |
| Dividend Yield | 3.21% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 361,066 |
| Open | 13.04 |
| Previous Close | 12.98 |
| Day's Range | 13.00 - 13.35 |
| 52-Week Low | 11.59 |
| 52-Week High | 14.97 |
| 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.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| Crude Oil Future Mar 26 | n/a | 51.51% |
| Short-Term Investment Trust - Invesco Government & Agency Portfolio | AGPXX | 33.31% |
| Invesco Short Term Treasury ETF | TBLL | 12.76% |
| Futures Cash Collateral | n/a | 2.39% |
| Cash | n/a | 0.03% |
Dividend History
| 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 -7.77% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.96%.
News
Kazakhstan export loss to ease global oil supply glut, Vitol executive says
Kazakhstan is estimated to have lost more than 40 million barrels of crude exports from damage around the Caspian Pipeline Consortium (CPC), trader Vitol's Asia head said on Wednesday, easing a global...
Did US oil sanctions expedite the signing of an EU-India trade deal?
Mukesh Sahdev, chief oil analyst at XAnalysts, says Russian oil was not an option but a necessity for India as the latter was facing an oil supply crunch. He also says that the US used this to pressur...
Oil prices mixed as US supply worries linger after winter storm
Oil prices were mixed on Wednesday, with Brent down slightly but the U.S. contract edging higher as supply concerns grew after a winter storm disrupted crude output and halted Gulf Coast exports over ...
Crude Oil Price Forecast: Breakout Pressure Builds Above Key Averages
Crude oil is testing resistance near the 200-day average, with bullish momentum supported by short-term moving averages and potential breakout levels pointing to higher prices.
Exclusive: U.S. to issue general license soon lifting some sanctions on Venezuelan oil industry, sources say
U.S. officials are working to issue a general license soon that would lift some sanctions on Venezuela's energy sector, three sources close to the preparation said on Tuesday, a shift from a previous ...
Venezuela's oil reform met with flurry of proposed changes
A commission of Venezuela's National Assembly has received more than 80 proposals from politicians, lawyers and energy associations seeking changes to a reform of the country's main oil law, sources c...
Return of Venezuelan crude could cut US fuel oil imports
U.S. demand for imported fuel oil is set to fall this year as refiners snap up new flows of heavy Venezuelan crude, yielding more domestically produced fuel oil that can be processed into higher-value...
US Gulf Coast oil, LNG exports hit zero on Sunday due to freeze, Vortexa says
Exports of crude oil and liquefied natural gas from U.S. Gulf Coast ports tumbled to zero on Sunday, after a massive winter storm swept across the country, ship tracking service Vortexa said.
Mexico's Sheinbaum does not deny halting oil shipment to Cuba
Mexican President Claudia Sheinbaum, pressed on Tuesday whether Mexico had halted oil shipments to Cuba amid pressure from Washington, said shipment decisions were sovereign in nature and not based on...
Crude Oil Analysis – Crude Oil Continues to Honor Range
Crude oil continues to drift back and forth on Tuesday, as we continue to see the supply and demand situation drive the price down, but now we also have to keep in mind that the geopolitical issues ke...
U.S. LNG Exports Surge Despite 4Q25 Headwinds
Summary U.S. liquefied natural gas (LNG) exports surged 24% to a record 14.6 Bcf/d in 2025, while roughly 9 Bcf/d of new capacity began construction during the year. Tightening spreads between global ...
U.S.-India trade deal at 'very advanced stage,' Indian petroleum minister tells CNBC
A U.S.-India trade deal is in a "very advanced stage," India's oil and natural gas minister told CNBC He was speaking after the signing of a landmark trade deal with the EU.
Oil demand to hold above 100 million bpd through 2040, says ADNOC CEO
The head of Abu Dhabi National Oil Company (ADNOC) said global oil demand will remain above 100 million barrels per day through 2040, while demand for both liquefied natural gas (LNG) and electricity ...
Crude Oil Drops Below Key Levels While Natural Gas Surges on Winter Demand
Oil prices dropped despite massive U.S. supply disruptions and renewed Middle East tensions, as weak demand kept crude under pressure while natural gas surged on winter-driven demand.
Venezuela expects $1.4 billion investment in oil production sharing contracts, Rodriguez says
Venezuela's interim President Delcy Rodriguez said on Monday the country expects about $1.4 billion in investment this year in projects under oil production sharing contracts promoted by the governmen...
EXCLUSIVE: Energy's Fastest Growers Aren't Big Oil — They're Mineral Aggregators
Big Oil still dominates market caps. But some of the fastest growth in U.S. energy is coming from mineral aggregators — quietly consolidating fragmented acreage while traditional producers chase barre...
Venezuela oil reform encourages immediate investment, still needs to go deeper, executives say
A proposed reform of Venezuela's oil law is enough to encourage companies working in the country to expand and for some new entrants to begin investing, but deeper reforms would be necessary to attrac...
Crude Oil Price Analysis – Crude Oil Continues to Look at a Potential Squeeze
Crude oil continues to see a lot of noisy behavior, as we are looking to determine the geopolitical landscape, and the obvious supply and demand concerns. At this point, I expect a lot of noise.
Perkins: About 10% of U.S. gas production has been frozen off by the cold
Bill Perkins, CEO and Head Trader at Skylar Capital Management, says extreme cold has frozen gas supply, driven record demand, and could force a full repricing of natural gas if weather disruptions pe...
Russian Urals oil trades at close to widest discounts since 2022 in India, sources say
Russian February Urals crude oil cargoes traded at close to the widest discounts against dated Brent in Indian ports since 2022 amid intensified pressure from Western sanctions, two sources said.
Hungary's MOL offered up to 1 billion euros for Serbia's NIS oil firm, Vucic says
Hungary's MOL agreed to pay up to 1 billion euros ($1.19 billion) to buy a majority stake in Serbia's oil firm NIS from its Russian owners, Serbian President Aleksandar Vucic said on Monday.
OPEC+ likely to keep production hikes on hold for March as oil prices rise
The Organization of the Petroleum Exporting Countries and allies are likely to maintain their current halt on oil output increases for March, according to media reports. This expectation comes as oil...
Oil Price News: Why WTI Is Set Up for a $65 Squeeze
Speculators are caught short as the ‘glut' quietly drains away. With Venezuela drawing floating barrels, the risk of an Iranian attack rising, a polar vortex hitting US supply and China and India abso...
OPEC+ likely to maintain oil production pause for March as prices climb, sources say
OPEC+ is expected to keep its pause on oil output increases for March at a meeting on Sunday, three OPEC+ delegates told Reuters, with prices rising due to a drop in Kazakhstan's oil production.
US oil capital Houston buzzes as industry limbers up for Venezuela oil rush
In a downtown Houston bar, Matthew Goitia, a director at Pelorus Terminals, lays out his early idea to refurbish and build marine terminals that can blend and export crude and ship chemical products i...
Russia's fuel oil exports to Asia slow in early 2026 as sanctions hamper trade
Russian fuel oil exports to Asia slowed in early 2026 as rising scrutiny due to tighter Western sanctions hampered trade while Ukrainian drone attacks on refining facilities in Russia reduced output, ...
Oil holds onto gains as Iran keeps investors on edge
Oil prices extended gains on Monday after climbing more than 2% in the previous session, as tensions between the U.S. and Iran kept investors on edge even after Kazakhstan's main export pipeline resum...
Commodity Big Picture: Why Silver, Gold & Rare Earth Rallies Will Continue as Crude Oil Slides
Countries across the globe are looking for their slice of the pie when it comes to securing their own sovereignty, says Benoit Gervais. He argues commodities are of critical importance to investors on...
Why Iran Is Moving Oil Markets
Iran is not a major oil producer, but recent civil unrest in the country pushed oil prices to multi-month highs. Investors fear that an Iranian conflict could impact global crude supply in a market al...
US drillers add oil and gas rigs for first time in three weeks, Baker Hughes says
U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
Iran is not a major oil producer, but it still moves prices. Here's why
Oil prices hit multi-month highs last week as a new wave of civil unrest in Iran raised concerns about supply disruptions. "They were going to hang 837 people," President Donald Trump said in an inter...
US naphtha begin arriving in Venezuela to reanimate heavy oil output, ship data showed
The first naphtha cargo for Venezuela as part of an oil deal agreed between Caracas and Washington this month arrived on Friday in the country's waters in a tanker chartered by trading house Vitol, sh...
Explainer: How the U.S. controls Iraq's oil revenues
The United States, since its 2003 invasion of Iraq, has held effective control over the country's oil revenue dollars, giving Washington extraordinary leverage over Baghdad's affairs, with implication...