ConocoPhillips

EOG Resources

Marathon Petroleum

Phillips 66

Texas Pacific Land Trust

Hess

Diamondback Energy

Valero Energy

Devon Energy

iShares U.S. Oil & Gas Exploration & Production ETF

IEO tracks a market cap weighted index of companies in the U.S. oil and gas exploration and production space according to Dow Jones.

Delek US Hlds

Murphy Oil

United States Brent Oil Fund LP

Invesco DB Oil Fund

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

VanEck Vectors Oil Services ETF

iPath Pure Beta Crude Oil ETN

Invesco Dynamic Oil & Gas Services ETF

ProShares Ultra Bloomberg Crude Oil

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

With oil trading below $80, we advise investors to buy stocks like Delek US Holdings (DK), EOG Resources (EOG) and Murphy Oil (MUR) at bargain prices.

Oil Price Tick Lower on Inventory Gain, OPEC Speculation

Oil prices pushed lower on Thursday, as investors grew increasingly unsettled following a decision by the Organization of the Petroleum Exporting Countries and its allies to delay a much anticipated meeting by four days.

Oil prices extend losses as investors unease grows amid OPEC+ speculation

Oil industry executives will bring a simple message to COP28: world governments should focus on reducing emissions, not oil production.

Oil Industry Ready To Strike Grand Bargain At COP28

Three major Greek shipping firms have stopped transporting Russian oil in recent weeks in order to avoid U.S. sanctions now being imposed on some shipping firms carrying Russian oil, four traders told Reuters and shipping data showed.

Exclusive: Greek shippers exit Russian oil trade as U.S. tightens price cap scrutiny

OPEC+ has postponed its November meeting by a few days and sources within the group say production targets were one of the key flashpoints of disagreement.

Explainer: Why OPEC+ members find it hard to agree oil production quotas

The current $800 billion invested annually in the global oil and gas sector could be halved by 2030 if a goal to limit global warming to 1.5 degrees Celsius is to be reached, the International Energy Agency (IEA) said in a report Thursday.

Oil and gas investment could halve by 2030 to meet climate goal -IEA

U.S. stock markets were closed for the Thanksgiving holiday, global markets were muted and index futures edged higher.

Oil Slips; Property Rally Boosts China Stocks

OPEC's next decision might not be straightforward.

Oil Prices Keep Dropping. What the OPEC Delay Means.

World governments agreed at the COP26 climate summit in Glasgow two years ago to phase out "inefficient" fossil fuel subsidies to help fight global warming.

Explainer: Global fossil fuel subsidies on the rise despite calls for phase-out

OPEC+ delay, rising U.S. inventories, and low distillate stocks drive bearish oil market outlook.

Oil Prices Forecast: OPEC+ Postponement, Inventory Surge Stirs Volatility

Oil prices fell 1% in early trading on Thursday, extending losses from the previous session, after OPEC+ postponed a ministerial meeting stoking views the producers might cut output less than earlier anticipated.

Oil down 1% on bearish view of delayed OPEC+ meeting

This commentary first appeared on Forbes Great Speculations on Wednesday, November 15, where Schaeffer's Investment Research is a regular contributor.

Oil Stock Could Head Back Toward Highs

Oil futures settled lower on Wednesday, as OPEC+ decided to reschedule its meeting this weekend to Nov. 30 and U.S. government data revealed a hefty weekly increase in U.S. crude supplies. There appears to be “rumble in the jungle” among OPEC members on who will participate in the production cuts “as opposed to enjoy a free ride at the expense of those who have been cutting production,” said Manish Raj, managing director at Velandera Energy Partners.

Oil futures end lower after OPEC+ reschedules its meeting

With OPEC Plus members in disarray over production levels, oil prices have fallen nearly 20 percent in three months.

U.S. Gas Prices Drop Ahead of Thanksgiving Travel

The Organization of the Petroleum Exporting Countries and the allies announced Wednesday they would delay their much-anticipated meeting by four days, raising speculation that the oil producers will face a more challenging path to an agreement on output levels.

OPEC+ meeting postponement raises talk of a ‘rift' among oil producers

Oil prices sank 5% Wednesday morning after OPEC+ delayed a meeting scheduled for this weekend to Nov. 30.

Oil Prices Slump as OPEC+ Delays Meeting Amid Production Cut Negotiations

Reaching a new agreement to cut production looks more challenging now, an analyst says.

OPEC Meeting Gets Delayed. Disunity Is Bad News for Oil Prices.

The meeting of OPEC+ had been expected to consider further changes to a deal that already limits supply into 2024, according to analysts and OPEC+ sources.

Oil prices tumble after OPEC+ meeting is unexpectedly delayed

Traders worry about the future of the OPEC+ production cut policy.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives As OPEC+ Delays Its Meeting

The price of oil fell below $75 per barrel, taking another leg lower, after OPEC announced it was delaying its highly anticipated meeting.

Oil slides after OPEC's unexpected meeting delay

U.S. crude oil and gasoline inventories increased more than expected last week while refinery capacity use rose from a week before.

U.S. Crude Oil Inventories Rose by 8.7 Million Barrels

U.S. crude oil inventories rose last week on higher imports, while distillate inventories fell to their lowest since May 2022, the Energy Information Administration (EIA) said on Wednesday.

US crude stockpiles jump, distillates draw down to 18-mth low - EIA

Gasoline prices are falling, but many may not realize that they almost always decline in the fall. In today's article, I explain the factors behind this seasonal decline.

Why Gasoline Prices Fall In The Fall

Sunday's meeting had been expected to convene in Vienna, Austria. OPEC's statement didn't mention if the group would convene online or in person on Nov. 30.

OPEC+ postpones policy meeting to Nov. 30

Crude oil markets fell hard during the trading session on Wednesday, as we have crashed toward previous support.

News for iShares U.S. Oil & Gas Exploration & Production ETF ETF (IEO)