Invesco DB Oil Fund (DBO)
| Assets | $277.15M |
| Expense Ratio | 0.77% |
| PE Ratio | n/a |
| Shares Out | 18.70M |
| Dividend (ttm) | $0.43 |
| Dividend Yield | 2.31% |
| Ex-Dividend Date | Dec 22, 2025 |
| Payout Frequency | Annual |
| Payout Ratio | n/a |
| Volume | 622,731 |
| Open | 18.56 |
| Previous Close | 18.89 |
| Day's Range | 18.32 - 18.60 |
| 52-Week Low | 11.89 |
| 52-Week High | 23.98 |
| Beta | 0.11 |
| 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 Sept 26 | n/a | 50.41% |
| Invesco Short-Term Investments Trust Government & Agency Portfolio Institutional Class | AGPXX | 38.01% |
| Invesco Short Term Treasury ETF | TBLL | 11.33% |
| Futures Cash Collateral | n/a | 0.68% |
| Cash | n/a | -0.44% |
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 28.81% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.29%.
News
Oil Prices Drop After Iran Cleared to Sell Crude in Dollars
Oil prices fell after the U.S. cleared the way for Iran to sell oil in dollars for the first time in decades, including to American buyers. Vice President JD Vance said Iranian officials had agreed to...
US loans 500,000 barrels of oil from Strategic Petroleum Reserve
The U.S. Energy Department said on Monday that one energy firm had taken a loan of 500,000 barrels of crude oil from the Strategic Petroleum Reserve, representing about 1.25% of the barrels at offer...
Crude Oil Price Analysis – Oil Gaps Higher to Start Week
The oil markets gapped higher to kick off the week, but have since rolled over once nuclear inspectors being agreed to by Iran calmed the markets. Traders continue to place bets based on the latest he...
Goldman Sachs says EV surge may cut oil demand by late 2027
Goldman Sachs said accelerating electric vehicle adoption following a Hormuz-related oil supply shock could trim global oil demand by up to 0.32 million barrels per day by late 2027.
Shipping stalls in Strait of Hormuz after Iran declares key waterway closed again
Shipping stalled through the strategically vital Strait of Hormuz over the weekend, according to maritime intelligence company Windward. The data shows that a recovery in oil tanker traffic through th...
Natural Gas and Oil Forecast: Truce Stability Fuels Technical Recovery — Can Oil & NatGas Push Higher?
One month-plus into the truce, supply-demand dynamics support constructive price action. WTI rebounds off Fib 0.236 at $75.54, Brent defends $79.26 support, and Natural Gas trades at $3.328 with posit...
Energy markets are 'sleepwalking towards a cliff', says analyst
Ellen Wald from Transversal Consulting thinks markets are underestimating the risk of a delayed supply shock, as flows remain insufficient despite signs of improvement in shipping through the Strait o...
Stocks slip in Asia, oil up on peace doubts
Most share markets slipped in Asia on Monday as doubts about the Middle East peace process sent oil prices and bond yields up again, leading investors to price in more risk of higher U.S. interest r...
Oil rises after Trump threatens fresh strikes on Iran, overshadowing peace talks
Oil prices climbed after U.S. President Donald Trump threatened renewed military action against Iran. This comes even as Vice President JD Vance met Iranian officials in Switzerland for the first talk...
Tanker traffic through Hormuz picks up after slower flows due to crossing concerns
Oil and liquefied natural gas tankers sailed through the Strait of Hormuz on Monday, in a sign of traffic slowly picking up after Iran said it had again closed the waterway over the weekend, shippin...
Oil Stockpiles Near Danger Zone
Energy markets expert and author of Oil's Endless Bid Dan Dicker says oil markets are underestimating the impact of ongoing supply disruptions, warning that global stockpiles have been drawn down sign...
How AI Boom Impacts Gold & Oil Futures Amid U.S.-Iran MOU
David McAlvany talks about how the AI boom is impacting the gold market as futures trade nearly 25% below all-time highs. He turns elsewhere in the commodity space by offering his outlook for crude oi...
Oil tanker traffic in Strait of Hormuz jumps after U.S. and Iran implement deal to open sea lane
At least 20 tankers transited the Strait of Hormuz on Thursday, according to Kpler. That is the highest level of traffic since June 2, the firm said.
SHOCK FORECAST: Major oil call is turning EVERYONE'S head
United Refining Chairman and CEO John Catsimatidis joins 'Mornings with Maria' to discuss why he believes oil prices could fall to $65 a barrel and gasoline could drop below $3 a gallon as the Strait ...
Oil shipments rise in Hormuz although questions grow over Iran's transit terms
Oil shipments through the Strait of Hormuz picked up on Friday after the United States and Iran signed a ceasefire deal, with Gulf producers preparing to raise exports despite concerns over conditions...
Hormuz Reopening Shifts Focus to Gulf Oil Storage and Shipping
Recovery hinges both on whether tankers can freely transit the strait, and if the region's oil producers can load enough crude once these vessels are ready to sail, according to Rystad Energy.
Oil Prices in Focus as Vance Cancels Trip to Start Iran Peace Talks and Hormuz Reopens
Brent crude and WTI prices were mixed after the White House said that Vice President JD Vance wouldn't travel to Switzerland for negotiations with Iran beginning Friday.
Natural Gas and Oil Forecast: WTI Bounces at $75.93 While Brent Holds $79.90 — NatGas Eyes $3.268?
With geopolitical risk premium largely removed, oil benchmarks found support inside channels while natural gas showed resilience. WTI confirms neutral-to-bullish structure above $77.69, Brent tests ch...
US-Iran MOU Soothes Market Stress: Markets Snapshot
The global oil market is zeroed in on activity in the Strait of Hormuz after the US and Iran inked an interim deal to end their war and reopen the critical waterway. While equities have largely shrugg...
It could take 6-10 weeks for things to return to normal after Hormuz reopens: Dan Pickering
Dan Pickering, CIO of Pickering Energy Partners, discusses his outlook on the oil market ahead of the signing of the U.S.-Iran deal to end the war, and why it's unlikely that oil will fall to the $60 ...
Oil falls as supply starts moving through Strait of Hormuz
Oil prices fell on Friday on the prospect of more supply returning to the market after oil tankers began to move through the Strait of Hormuz following the signing of the U.S.-Iran interim peace deal...
With the planned reopening of the Strait of Hormuz, the specter of a prolonged crunch in energy supplies has faded—but the disruption could take months to unwind
The specter of a prolonged crunch in energy supplies has faded, but the disruption could take months to unwind.
Thursday's Final Takeaways: Fed Pauses Rates & Oil Prices Slide
Marley Kayden talks about the FOMC's decision to hold interest rates steady in Kevin Warsh's first meeting as Fed Chair. Meanwhile, crude oil prices slid after the U.S. and Iran signed a memorandum of...
Oil prices slide near pre-Iran war levels – but it could take months for gasoline to fully drop
Oil prices fell about 10% this week to their lowest levels since the war in Iran started after President Trump signed a deal to reopen the Strait of Hormuz.
The Iran oil shock taught traders these key lessons about demand and China
Global oil prices on Thursday touched their lowest level since the U.S.-Israeli war with Iran began almost four months ago. That marks a drop of more than 30% from their May peak and likely averts the...
Oil markets are overshooting to the downside, says Abaxx Markets' Jeff Currie
Jeff Currie, Abaxx Markets executive co-chairman, joins 'Squawk on the Street' to discuss how much lower oil prices can go, the company's around the energy sector and much more.
SHOCK DROP: Oil prices TUMBLE faster than many expected
'The Big Money Show' panel discusses how President Donald Trump's Iran framework helped send oil prices lower, gas below $4 a gallon and stocks higher as investors bet the conflict is easing.
OPEC chief dismisses IEA supply glut forecast as 'critical' Strait of Hormuz reopens
OPEC chief Haitham al-Ghais sat down for an exclusive interview with CNBC on Wednesday. He dismissed the IEA's claim of a supply glut brewing in oil markets for 2027.
Oil flows through Hormuz will take time to recover, banks say
A recovery in oil flows through the Strait of Hormuz and oil production following the U.S.-Iran interim peace deal will take time, potentially several months, analysts at two banks said.
Gas prices fall below $4 per gallon as oil supply fears ease after Iran deal
Drivers in the U.S. paid $3.99 on average, the first time prices have fallen below $4 since March 30, according to data shared by AAA. Prices have fallen the past 28 days in a row after peaking at $4....
OPEC sticks to robust oil demand outlook, sees no peak to 2050
OPEC maintained its forecast for robust global oil demand growth in the next four years on Thursday and nudged up its longer-term view, citing a worldwide shift towards more supportive policies for ...
Why the oil may start flowing through the Strait of Hormuz faster than many believe
My direct conversations with industry executives and experts based both here and in the Middle East indicate ships will start steaming through the Strait very soon. The "Ghalibaf factor" may hold the ...