Baker Hughes Co

TechnipFMC

Halliburton

Schlumberger

Patterson-UTI Energy

Kodiak Gas Services Inc

Select Energy Services

Archrock

Cactus

Invesco Dynamic Oil & Gas Services ETF

PXJ tracks an index of US companies in the oil and gas services sector that are weighted in tiers. The index uses a multi-factor methodology to select holdings.

United States Brent Oil Fund LP

Invesco DB Oil Fund

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

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

VanEck Vectors Oil Services ETF

iPath Pure Beta Crude Oil ETN

ProShares Ultra Bloomberg Crude Oil

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

Brent crude surpasses $90 due to Saudi and Russian supply cuts, as stakeholders await U.S., Europe indicators and IEA, OPEC reports.

Oil Prices Forecast: Brent Crude Stays Resilient Amid Rate Hike Speculations

Brent crude oil price continued rising this week as supply concerns remained. It rose to a high of $91.37, the highest level since November last year.

Brent crude oil price forecast: more upside as golden cross forms

Major institutional oil and gas investors would be open to receiving lower dividends and fewer share buybacks in favor of more spending on some energy transition projects, consultancy Deloitte said in a study published on Tuesday.

Oil investors open to dividend cut to boost clean energy spending -Deloitte

The Strategic Petroleum Reserve (SPR) is at its lowest point since 1983, at 347 million barrels.

SPN Outperformed All Other Sectors This Quarter Amid Surge in Oil Prices

Brent crude futures hovered just above $90 a barrel on Tuesday, as investors awaited a slew of macroeconomic data due later this week that could indicate whether Europe and the U.S. continue to hike interest rates.

Oil prices stable as market awaits data on inventories, economy

Oil prices ended a bit lower on Monday, easing back after logging a more than 2% gain last week. While demand concerns continue to “headline downside risk” for oil, fundamental conditions remain undersupplied for now, as has been clear from strong draws to commercial U.S. crude stocks in recent weeks,” said Robbie Fraser, manager, Global Research & Analytics at Schneider Electric.

Oil futures end lower after posting a more than 2% weekly gain

Production cuts provide significant support to oil markets, but some traders are worried about a potential slowdown of the world economy.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Pull Back From Session Highs As Traders Wait For Additional Catalysts

Global oil markets could get tighter in the remaining months of the year.

Oil Rally Has More Room To Run

The lead oil contract rose over 2% last week, and has jumped close to 10% over the last two weeks, as Saudi Arabia announced it would extend a production cut of 1 million barrels a day through the end of the year, while Russia said it would also extend supply cuts.

Oil futures ease after nearly 10% surge over last two weeks

Oil prices are at their highest level this year.

Energy Stocks Are Back in the Market's Driver's Seat

Oil prices dipped over China's economic concerns, while Saudi Arabia and Russia extended supply cuts by 1.3M barrels, awaiting IEA and OPEC reports.

Oil Prices Forecast: Saudi-Russia Supply Cuts Buoy Oil, But China's Economy Casts Shadow

Oil prices eased in early Asian trade on Monday as economic concerns in China weighed on fuel demand outlook although Brent stayed perched above $90 a barrel, supported by tightening supplies after Saudi Arabia and Russia extended supply cuts.

Oil prices ease but supply cuts keep Brent above $90/bbl

Oil prices hit their highest levels in 2023 last week following an announcement by Saudi Arabia and Russia that they would deepen their previously announced oil production cuts.

Oil prices hit nine-month high as supply concerns mount

This article summarises recent factors affecting the price of crude oil and looks ahead at how the price could move over the next few weeks.

Oil Consolidates After Extension of Production Cuts

Oil prices settled higher on Friday, contributing to a more than 2% weekly gain for U.S. benchmark crude futures. Crude prices continued to trade on “supply-side drivers,” said Edward Moya, senior market analyst at OANDA, with OPEC+ to “keep this market tight going into the winter.

Oil futures end higher for session, contributing to a gain for the week

There are no signs of profit-taking in the oil markets today as traders remain bullish ahead of the weekend.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains 1% As Traders Focus On Tight Supply

Oil prices are the talk of Wall Street at the moment. Indeed, Saudi Arabia and Russia's production cut extension as well as Brent oil's recent nine-day climbing streak have drivers and oil producers alike considering the implications of an imminent hike in fuel costs.

Why Are Oil Prices So High Right Now?

With oil pushing above $85 a barrel, it would be prudent to add energy stocks like Solaris Oilfield Infrastructure (SOI), CVR Energy (CVI) and Helix Energy Solutions Group (HLX).

Oil Rally Hits Speed Bump But Stays Above $85 on Supply Draw

iShares U.S. Oil Equipment & Services ETF

SPDR S&P Oil & Gas Equipment & Services ETF

The wind is at the back of the Oil and Gas-Field Services Industry as it is poised for growth in the coming year, driven by favorable crude pricing and robust demand for oilfield services. The industry comprises companies that play a pivotal role in supporting exploration and production activities.

Time for Oilfield Services ETFs?

Crude oil trading remained relatively tranquil in Friday's session, signaling an imminent shift in market dynamics. Consolidation in both the WTI Crude Oil and Brent markets is the norm.

Crude Oil Price Forecast – Crude Oil Continues to Look Upwards

If your coffee isn't giving you enough of a jolt this morning, just check out this chart from Bank of America.

This oil chart will scare the socks off you

Oil futures rose Friday, on track for strong weekly gains after trading near 2023 highs, as tightening supplies outweighed worries about demand from China and the global economy.

U.S. oil higher after snapping 9-day winning streak

The Fed won't raise interest rates at its next meeting, but could leave the door open for future increases, Mohamed El-Erian said.  A stronger-than-expected US economy and rising oil prices are key reasons why further hikes could be on the table.

The Fed won't raise interest rates this month but rising oil prices could spur a future increase, top economist Mohamed El-Erian says

Despite major crude oil supply cuts, U.S. dollar resurgence and China's recovery fears curtailed bullish trends.

Oil Prices Forecast: China's Economy, Strong US Dollar Fueling Profit-Taking

Oil prices fell for a second session on Friday, weighed down by lingering concerns over slower global demand, but were still headed for a second consecutive weekly gain amid expectations of tightening supplies.

News for Invesco Dynamic Oil & Gas Services ETF ETF (PXJ)