ConocoPhillips

EOG Resources

Marathon Petroleum

Phillips 66

Hess

Diamondback Energy

Texas Pacific Land Trust

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.

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

Crude benchmarks ticked up on Monday, which is the one-year anniversary of Hamas' Oct. 7 strike on Israel.

Oil Prices Are Climbing. Middle East Tensions Weigh Heavy on the Market.

Rising geopolitical risks may push natural gas and oil prices higher. See what's next for the energy sector in 2024.

Natural Gas and Oil Forecast: Will Rising Geopolitical Risks Trigger New Highs?

Oil fell in early Asian trade. Sentiment will likely remain weak, given seasonal trends, while tensions in the Middle East will slightly offset this, ANZ said.

Oil Falls; Sentiment Likely to Remain Weak

Oil prices pared gains in early trade on Monday after charting their biggest weekly rise in over a year on Friday amid mounting threats of a region-wide war in the Middle East.

Oil pares gains after strongest weekly rise in over a year

In summary, the worst case (for the oil market) would be an Israeli attack that reduced Iranian oil exports, and then the issue becomes whether the Saudis raise production to compensate or seek to draw down global inventories in support of prices, which would mean Brent stays over $80. Absent such an attack, the security premium will be only temporary and weakness in the fundamentals will reassert themselves; Brent would sink below $75 again.

Oil's Security Premium Could Rise, But Is Unlikely To Persist

With rising Middle East conflict, crude oil could see sharp price spikes. Analysts warn of a $20 jump if Iran's oil output is hit.

Oil News: How Will Traders React if Iran's Oil Infrastructure is Targeted?

This week saw significant movements in global markets driven by geopolitical tensions in the Middle East, robust U.S. job gains, and various economic indicators influencing investor sentiment across regions.

Global Markets Weekly: Oil Prices Rise Amid Middle East Tensions

Goldman Sachs said on Friday that it expects its Brent price forecast to peak $10-$20 per barrel in 2025 due to potential disruptions in Iranian production.

Goldman eyes Brent outlook rise due to Iranian supply risks

Options traders have made record bets that will pay off if Middle East tensions push oil toward $100 a barrel.

Bets oil will hit $100 a barrel surge on fears of wider Middle Eastern war

Oil traders decided to take some profits off the table ahead of the weekend.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back From Session Highs As Traders Focus On Middle East

Analysts have identified Iran's Gulf Star refinery and Kharg Island export terminal as potential high-impact targets amidst heightened Middle East tensions. Recent updates suggest Iran has evacuated a Very Large Crude Carrier (VLCC) from the Kharg Island oil terminal, indicating preparations for potential attacks.

Oil Prices Surge Amid Middle East Tensions, Key Infrastructure at Risk

The effects of Middle East turmoil are small so far, but could spike if Israel targets Iran's oil facilities, Patti Domm writes in a guest commentary.

Attacks on Iranian Oil Could Cause Pain at the Pump. How Much Gas Prices Could Rise.

The crude oil market bounced a bit during the week, as the market continues to bounce back and forth in a well-defined range that we have seen over the last two years. With this, I suspect this is a market that continues to see a lot of noise.

Crude Weekly Price Forecast – Crude Oil Continues to Recover

Despite geopolitical tensions, the market remains resilient due to strong fundamentals and the resolution of the dockworkers' strike with a 62% pay increase. The 8% rise in crude oil prices is a concern, but any spike is expected to be temporary, with Saudi Arabia likely to compensate for any supply loss.

Higher Oil Prices Will Not Upend The Bull Market Or Economy

The crude oil market rallied again in the early hours of Friday, as we continue to see a lot of pressure to the upside, and reaction to the increasingly dangerous situation in the Middle East. At this point, the market looks like we have also bounced from a major support

Crude Oil Price Forecast – Crude Oil Continues to Look Bullish

Though oil prices have surged this week on geopolitical tensions, they have risen from a low baseline.

U.S. crude oil has risen nearly 9% this week as traders fear Middle East supply disruption

The only truly predictable thing about predicting oil prices is that they are stubbornly unpredictable. Anyone able to accurately and consistently predict the direction of oil prices would soon become a billionaire by trading in the commodity.

Oil Prices Shot Up This Week. How High Will They Go?

Oil futures added to gains Friday, on track for a sharp weekly rise as traders awaited Israel's response to a missile attack by Iran earlier this week.

Oil prices set for big weekly gain as traders await Israel response to Iran missile attack

Goldman Sachs warns of a potential $20 oil price spike if Iran's production is hit, as tensions in the Middle East escalate, driving crude futures higher.

Oil News: Goldman Sachs Warns of $20 Oil Spike if Iran's Production Is Hit

Prices of October Urals crude oil have risen back above $65 a barrel at Russian Baltic and Black Sea ports, or $5 higher than the price cap set by Western nations, Reuters calculations showed on Friday, as the conflict in the Middle East pushed up oil prices.

October Russian Urals oil prices trade $5/bbl above price cap as Brent rallies, calculations show

President Joe Biden on Thursday told reporters he was discussing possible Israeli strikes on Iranian refineries, further unsettling the market.

Israel Launches New Missile Strikes on Beirut. Oil Prices Are Rising.

During the early European trading session, oil prices stabilized after a surge of 5% due to rising concerns about potential Israeli retaliation against Iranian oil facilities. Brent crude and WTI crude saw modest increases of 0.8%, reaching $78.22 and $74.30 per barrel, respectively.

Oil Prices Stabilize After Surge Amid Israel-Iran Tensions

Global oil markets are on edge as Goldman Sachs cautions that crude prices could skyrocket by $20 per barrel if Iranian oil production suffers from potential Israeli retaliation following heightened regional tensions.

Oil prices could surge by $20 as tensions in Iran escalate, warns Goldman Sachs

The oil price rally, which puts crude futures on track for gains of around 8% week-to-date, has surprised many market observers in that it appears to be somewhat subdued given what's at stake. For some analysts, the reason crude prices have yet to move even higher is because the oil market is short.

Why oil prices haven't skyrocketed on Middle East supply fears — yet

Oil was in sight of US$80 a barrel on Friday morning as fears of further escalations in the Middle East continued to buoy prices. At US$77.51, benchmark Brent crude was up 3.5% from Thursday morning and by 8% since Monday.

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