iPath Pure Beta Crude Oil ETN

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United States Brent Oil Fund LP

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Demand and supply pressures are likely to offset each other in the oil market, said oil expert Dan Yergin.

It's reasonable for oil prices to be between $60 to $75 in a year's time, says oil expert Dan Yergin

Oil prices rose on Tuesday as a weaker U.S. dollar supported commodities and on expectations that crude inventories fell in the United States, the world's biggest oil user, though rising coronavirus cases in Asia capped gains.

Oil prices rise on weaker dollar, likely drawdown in U.S. stocks

It's been a year since the U.S. benchmark West Texas Intermediate crude futures settled at a negative price for the first time, and while prices have recovered to trade above pre-COVID-19 levels, the unprecedented drop will not be soon forgotten.

Commodities Corner: Oil prices went negative a year ago: Here's what traders have learned since

Oil futures settled modestly higher on Monday, finding some support from reports that Libya has halted output at some of its oil fields. State-owned National Oil Corp. subsidiary Arabian Gulf Oil Co. stopped pumping at its oil fields citing the government's failure to send federal funds for operations since September, S&P Global Platts reported Monday.

Oil futures end higher; Libya reportedly halts output at some major oil fields

Oil futures edge lower Monday, with weakness tied to rising COVID-19 infections outside the U.S.

Futures Movers: Oil edges lower as rising COVID infections outside U.S. stir demand worries

Oil prices fell on Monday amid mounting concerns that surging caseloads of coronavirus infections in India and other countries will lead to stronger measures and hit economic activity, along with demand for commodities such as crude.

Oil falls amid surging coronavirus infections in India, other countries

Oil futures fell on Friday, pulling back on the heels of four consecutive session gains, but finished the week up by more than 6%. Forecasts for higher oil demand and declines in U.S. crude inventories contributed to the weekly price climb.

Oil futures end lower for the session, up over 6% for the week

Even as forms of transport go green, overall demand is likely to creep higher through the end of the decade.

Goldman Sachs Sees Oil Demand From Transportation Peaking Within Five Years

The IEA and OPEC forecast strong oil demand in 2021 as global markets rebound from the pandemic. Regina Mayor of KPMG breaks down the forces behind it.

OPEC and the IEA see bullish oil demand this year. Here's why they're spot on

Oil futures try for a fifth straight gain on Friday but are presently seeing lackluster moves as investors weighed a strong economic report from China against evidence of cases of COVID rising in parts of the world, threatening a fitful recovery from the demand-sapping pandemic.

Futures Movers: Oil prices mixed even as China data points to strong rebound for demand

Oil prices may have peaked, even though the market appears to be tightening.

Oil Prices May Have Peaked For Now

The oil market got a welcomed boost this week as global economic indicators improved and American crude stockpiles fell. Both benchmarks saw front-month contracts rise to their highest level since mid- March.

Weekly Oil Wrap

In January, Occidental Petroleum announced it had accomplished something no oil company had done before: It sold a shipload of crude that it said was 100% carbon-neutral.

Clean crude? Oil firms use offsets to claim green barrels

Oil prices dipped in early trade on Friday but were on course for a weekly gain of more than 6% with an improved oil demand outlook and strong economic recoveries in China and the United States offsetting concerns about spikes in COVID-19 infections.

Oil steady near four-week highs on demand revival

Oil futures climbed Thursday to tally a fourth session gain in a row. A higher forecast for global oil demand from the International Energy Agency and recent data from the Energy Information Administration showing a third straight weekly decline in U.S. crude inventories continued to provide support for prices.

Oil futures up 4 sessions in a row

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Oil futures edge back slightly Thursday from the highest levels since mid March, which had been powered by upbeat monthly oil demand forecasts and a decline in U.S. weekly inventories.

Futures Movers: Oil prices pull back slightly from highest close in a month

Oil prices were lower on Thursday though holding near one-month highs after futures jumped in the previous as the International Energy Agency (IEA) and others upgraded forecasts for oil demand as major economies recover from the pandemic.

Oil holds near one-month highs as demand forecasts raised

Oil prices hit a three-week high Wednesday, with a drop in weekly US oil supplies coming after OPEC drew higher its 2021 demand outlook for the commodity. West Texas Intermediate crude and Brent crude, oil's international benchmark, each marked their highest points since March 18 and built on gains made in the previous session.

Oil jumps 5% as decline in US inventories follows brighter demand outlook from OPEC

Oil futures rallied Wednesday to mark their highest finish in four weeks. The International Energy Agency raised its forecast for global oil demand this year and the Energy Information Administration reported a 5.9 million barrel fall in U.S. crude inventories for the week ended April 9.

Oil futures rally to finish at 4-week high

Oil futures rose rally on a brighter outlook for COVID vaccinations, better Chinese data and an assertion by the International Energy Agency (IEA) that market "fundamentals look decidedly stronger."

Oil Futures Rise By 5% On Brighter COVID Vaccinations Outlook, Chinese Data

Oil futures on Wednesday trade sharply higher as the International Energy Agency's monthly report lifted its demand outlook for crude and as a U.S. report on inventories showed a drop in weekly stockpiles.

Futures Movers: Oil prices jump higher as IEA raises demand outlook

The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 3.6 million barrels for the week ended April 9, according to sources. The data also reportedly showed gasoline stockpiles up by 5.6 million barrels, while distillate inventories declined by 3 million barrels.

API reports a weekly decline in U.S. crude supplies, sources say

Oil futures gained on Tuesday, with U.S. prices back above the $60 mark, following a climb in March Chinese imports and a stronger 2021 oil-demand forecast from the Organization of the Petroleum Exporting Countries. May West Texas Intermediate crude rose 48 cents, or 0.8%, to settle at $60.18 a barrel on the New York Mercantile Exchange.

U.S. oil futures settle back above $60 a barrel

Futures for crude oil on Tuesday trade higher after a report from China provided further evidence that an economic rebound was taking hold in one of the biggest importers of crude and global commodities. An OPEC report also was seen as a positive for energy markets.

Futures Movers: Oil prices get a lift from China data as OPEC report points to demand pickup

Oil prices edged higher on Tuesday on tensions in the Middle East after the Yemen-based Houthi movement said it fired missiles on Saudi oil sites and on an expected drawdown in crude oil inventory in the United States.

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