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 oil's recent rally faces resistance at $70.14, with choppy trading expected unless a breakout above $73.27 or breakdown below $66.86 occurs.

Crude Oil Price Forecast: Tests Resistance at 20-Day MA Amid Choppy Trends

WTI oil did not manage to test the $70.00 level.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Is Mostly Flat As Norway's Johan Sverdrup Oilfield Resumes Production

The crude oil market has been in the midst of consolidating between two specific levels. This is true with the West Texas Intermediate grade of oil, and the Brent markets also.

Crude Oil Price Outlook – Crude Oil Continues to Do Little

President Joe Biden has authorized Ukraine to use long-range missiles to hit targets in Russia in a major departure from Washington's previous position. Russian President Vladimir Putin on Tuesday lowered Moscow's threshold for using nuclear weapons.

Crude oil little changed after rallying on escalating Ukraine-Russia tensions

Crude futures edged lower Tuesday after news reports said Equinor had resumed partial production at Norway's massive Johan Sverdup oil field.

Crude prices struggle to build on Monday bounce as major oil field resumes output

Supply concerns ease with Sverdrup's restart, but geopolitical risks and Kazakhstan's outage keep traders alert in a volatile crude oil outlook.

Oil News: Sverdrup Restart Pressures Prices as Market Awaits Fresh Catalysts

Brent climbs as Norway halts its largest oilfield, tightening global supply amid geopolitical tensions and market uncertainty.

Natural Gas and Oil Forecast: Brent Rises as Norway Halts Major Oilfield Output

Oil prices retreated on Tuesday after the previous day's rally driven by halted production at Norway's Johan Sverdrup oilfield, but investors remained cautious amid fears of a potential escalation in the Russia-Ukraine war.

Oil prices ease, but caution prevails over Russia-Ukraine war

Oil edged higher in Asia's morning trade on supply outage concerns and geopolitical risks.

Oil Edges Higher on Supply Outage Concerns, Geopolitical Risks

Equinor

Rising geopolitical tensions provided additional support to oil markets.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Equinor Halts Johan Sverdrup Oilfield

U.S. stocks traded mostly higher midway through trading, with the Nasdaq Composite gaining by more than 100 points on Monday.

Crude Oil Rises Sharply; US Homebuilder Sentiment Surges In November

The crude oil markets are a bit mixed in the early hours of Monday, as the two markets that I follow here at FX Empire are sitting on major support levels. Because of this, the short-term traders out there are likely to be interested in these assets.

Crude Oil Price Forecast – Crude Looks Ready For a Short Term Bounce

Donald Trump's call to undo Biden-era regulation isn't welcome news for all fossil-fuel producers.

Why Big Oil Doesn't Mind Big Regulation

Oil futures were finding some buying interest Monday morning after a weekend decision by President Joe Biden to allow Ukraine to use U.S.-supplied long-range missiles to strike deeper inside Russia.

Oil prices rise after U.S. approves Ukraine use of long-range missiles inside Russia

Tensions escalate in Ukraine, lifting oil prices temporarily, while weak Chinese demand and surplus forecasts maintain bearish market sentiment.

Oil News: Tensions in Ukraine Drive Crude Oil Higher Amid Bearish Market Sentiment

China's declining refinery output and weak demand weigh on price recovery, despite geopolitical tensions and market volatility.

Natural Gas and Oil Forecast: China's Sluggish Demand Weighs on Price Recovery

Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in China, the world's second-largest consumer, and forecasts of a global oil surplus weighed on markets.

Oil prices edge higher after Russia-Ukraine tensions escalate

Oil prices were mixed in early Asian trade as market sentiment was weighed by persistent concerns of weak demand in China.

Oil Mixed as Concerns of Weak China Demand Persist

Stronger dollar, China's weak economy, and rising U.S. output lead to bearish oil trends. What's next for crude futures?

Oil News: Is the Strong Dollar Poised to Extend Pressure on Oil Demand?

Oil markets are under strong pressure ahead of the weekend.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Focus On Weak Chinese Demand

Oil prices fall as weak Chinese demand and U.S. Fed rate outlook weigh. WTI drops 3.6% for the week, testing key support.

Oil News: Daily Decline Sets WTI Futures on Track for Weekly Loss of 3.6%

The crude oil markets have been somewhat sideways overall, as the markets continue to try to sort out how the global economy is going to be moving going forward. All things considered; this is a market that is searching for some kind of momentum.

Crude Oil Weekly Price Forecast – Crude Oil Continues to Follow The Same Range

The crude oil markets continue to see a lot of noise, as we are hanging out just above a major support level in both grades that I follow here at FX Empire. All things being equal, this is a market that looks like it is sticking to the range.

Crude Oil Price Forecast – Crude Oil Continues to See Overhang of Hesitation

The International Energy Agency has forecast a surplus of more than 1 million barrels per day in 2025 on robust production in the U.S. A strong dollar also hangs over the market, as the greenback has surged in the wake of President-elect Donald Trump's election victory.

Crude oil heads to weekly loss as looming surplus depresses market

Oil futures were slightly lower Friday and on track for weekly losses, plagued by a jump in the U.S. dollar and continued worries over demand from China, the world's largest crude importer.

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