iPath Pure Beta Crude Oil ETN

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ProShares Ultra Bloomberg Crude Oil

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Oil bulls remain cautious as Treasury yields are moving higher.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds After Yesterday's Sell-Off

Crude oil markets have initially fallen during the trading session on Tuesday but have turned around to show signs of stability again.

Crude Oil Price Forecast – Crude Oil Markets Showing Signs of Support

Oil futures were flat to slightly higher in early trade Tuesday, steadying after a three-session pullback that took crude to roughly three-week lows.

Oil prices steady after pulling back to 3-week lows

Oil prices are not going to fall soon according to the head of producers cartel Opec despite predictions that demand for fossil fuels will peak this decade.  Haitham Al Ghais, OPEC's secretary-general, warned that demand will continue to rise and that investment in the oil and gas sector of at least US$12 trillion is required to avoid an energy crunch in 2045.

Opec head warns of energy crunch due to' underinvestment'

Amidst a climbing U.S. dollar and bond yields, the oil market faces demand pressures, raising questions on OPEC's next production moves.

Oil Prices Forecast: WTI, Brent Crude Shaken by Surging Dollar, US Treasury Yields

Last week, crude oil prices reached their highest price since August 2022, with West Texas Intermediate Crude reaching $95/barrel on Thursday. The Commerce Department announced that the trade deficit declined 7.3% in August, as imports declined 1.2% to $253.1 billion, while exports surged 2.2% to $168.8 billion.

Crude Oil Prices Reach A 13-Month High

Oil prices dipped in early Asian trade on Tuesday after falling to a three-week low in the previous session on a strengthening U.S. dollar and traders taking some money off the table from the last quarter's chunky gains.

Oil falls in early trade on strong US dollar, profit taking

Oil futures declined on Monday, with U.S. prices settling at their lowest since mid-September, ahead of a committee meeting of major oil producers later this week. The extension of the voluntary oil output cuts by Saudi Arabia and Russia to the end of the year “looks like it is set in stone,” said Anas Alhajji, an independent energy expert and managing partner at Energy Outlook Advisors.

U.S. oil futures post lowest finish since mid-September

Oil prices move lower amid a broad pullback in commodity markets.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back As Treasury Yields Rise

OPEC Secretary-General Haitham Al-Ghais warned that energy prices could spike due to underinvestment. At least $12 trillion needs to be invested in the industry through 2045, he told CNN.

At least $12 trillion in oil industry investments are needed to prevent a spike in energy prices, OPEC chief says

Crude oil markets initially tried to rally during the trading session on Monday but gave back the gains to show signs of hesitation yet again.

Crude Oil Price Forecast – Crude Oil Markets Give Up Early Gain

Crude oil prices to slump to as low as US$70 a barrel next year due to sluggish demand and as “peak transport fuel demand” looms, according to US bank Citigroup. Prices have been rising steadily (to US$92 currently) since the middle of the year as key producers Saudi Arabia and Russia have cut production.

Oil price heading for 20% fall predicts Citi

Oil futures rose Monday, kicking off October on a positive note as traders focused on expectations for a further tightening of supply.

Oil prices rise as attention shifts back to supply outlook

OPEC is optimistic on demand and sees under-investment as a risk to energy security, Secretary General Haitham Al Ghais said on Monday at an energy industry event in Abu Dhabi.

OPEC optimistic on demand, secretary general says

Amid global supply constraints and U.S. policy shifts, Brent and WTI futures rise; a slowing Chinese economy prompts cautious short-term oil outlook.

Oil Prices Forecast: Underpinned by Global Supply Constraints as US Shutdown Averted

Oil prices climbed on Monday, reversing some of Friday's losses, as investors focused on a tight global supply outlook and a last-minute deal that avoided a U.S. government shutdown restored their risk appetite.

Oil prices climb as investor risk appetite grows

Major oil and gas company chiefs held discussions with heavy industry bosses on Sunday in the United Arab Emirates in an effort to agree a firm commitment to reduce carbon emissions ahead of a United Nations climate summit next month.

Big Oil, heavy industry discuss emission curbs ahead of COP28

Facing a complex interplay of supply and demand, OPEC's next moves could decide whether WTI prices break the $100 barrier.

Oil Prices Forecast: As OPEC Meets, Will High Interest Rates and Production Spurts Derail $100?

Oil futures declined on Friday, but U.S. prices notched a gain of nearly 9% for the month. “Oil was solidly on its path to $100, but the trio of inflation, rates and the Fed have come back from the dead and shaken up the confidence,” said Manish Raj, managing director at Velandera Energy Partners.

Oil futures end lower for the session, higher for the month and quarter

OPEC+ is unlikely to tweak its current oil output policy when a panel meets next Wednesday, four OPEC+ sources told Reuters, as tighter supplies and rising demand drive an oil price rally.

OPEC+ panel unlikely to tweak oil policy at Weds meeting - sources

Crude oil markets have rallied rather significantly during the course of the trading week, as we continue to see the supply/demand disruption cause issues.

Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Grind Higher

U.S. crude prices rose 30% in the third quarter, but higher prices are denting demand and expected to result in lower prices.

Wall Street Expects Hot Oil Prices to Cool Down

Oil futures rose early Friday, after a pullback the previous session, with the U.S. and benchmark on track for a September gain of more than 10% as a tightening supply picture drives crude toward the $100-a-barrel threshold.

Oil set for 4th straight monthly rise as it resumes march toward $100 a barrel

"The self-fulfilling prophecy means that at a particular point of time comes a tipping, and then there's a fall of demand," India's energy minister warned.

A potential oil price rally to $100 per barrel raises questions over demand destruction

Crude Oil News reveals bullish sentiment; tight U.S. supplies, OPEC decisions, and China's demand become key market drivers.

News for iPath Pure Beta Crude Oil ETN Stock (OIL)