Invesco DB Oil Fund (DBO) S-3 Shelf registration

Exhibit 23.3

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We hereby consent to the incorporation by reference in this Registration Statement onForm S-3 of Invesco BD Oil Fund of our report dated February 27, 2020 relating to the financial statements and the effectiveness of internal control over financial reporting, which appears in Invesco DB Oil Fund’s Annual Report onForm 10-K for the year ended December 31, 2019. We also consent to the references to us under the heading “Experts” in such Registration Statement.

/s/ PricewaterhouseCoopers LLP

Chicago, Illinois

April 22, 2020