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

Oil prices recovered on Thursday from a steep drop in the previous session, supported by tight oil supply and peak summer consumption, after a U.S. rate hike sparked fears of slower economic growth and less fuel demand.

Oil rebounds after steep drop, underpinned by tight supplies

Oil futures ended lower on Wednesday after the Energy Information Administration reported a second straight weekly rise in U.S. crude inventories. Oil prices extended their decline after the Federal Reserve announced its decision to lift the fed funds rate by 75 basis points, the largest hike in almost three decades.

Oil prices end with a loss as U.S. supplies post a weekly climb, Fed raises rates

"Severely restricted refining capacity is causing markets to price in long-term supply deficits in key refined products," IEA said.

Oil markets are pricing in long-term supply deficits and OPEC+ will face historic lows in spare capacity, warns IEA

Oil futures fell Wednesday, losing ground as traders awaited a decision on a rate hike by the Federal Reserve amid jitters over the economic outlook.

Oil prices pull back as traders await Fed decision

Oil prices dropped on Wednesday on worries over fuel demand ahead of a U.S. Federal Reserve meeting which is expected to see the central bank to hike rates by at least 75 basis points to combat inflation.

Oil prices slip ahead of expected U.S. Fed interest rate hike

The U.S. Department of Energy on Tuesday said it was selling up to 45 million barrels of oil from the Strategic Petroleum Reserve as part of the Biden administration's previously announced, largest-ever release from the stockpile.

U.S. to sell up to 45 million bbls oil from reserve as part of historic release

Oil futures gave up early gains to finish with a loss on Tuesday, pressured after Bloomberg reported that a U.S. senator may propose a plan to impose a federal surtax on certain oil companies in a move to curb inflation. Natural-gas prices, meanwhile, settled at their lowest in five weeks as full repairs to a damaged Freeport LNG terminal isn't expected until later this year.

Oil prices settle lower; natural-gas futures drop more than 16%

The cartel sees demand growing by 2 million barrels per day or less next year, down from growth of 3.36 million bpd in 2022.

High fuel prices cause OPEC to slash its forecast for oil demand growth in 2023, report says

Oil futures rose Tuesday, finding support as China implemented fresh COVID-19 restrictions and worries remained over supply disruptions in Libya.

Oil lifted on China COVID worries, tight supplies

OPEC has kept to its forecast that world oil demand will exceed pre-pandemic levels in 2022, but said Russia's invasion of Ukraine and developments around the coronavirus pandemic pose a considerable risk.

OPEC sticks to forecast of 2022 oil demand exceeding pre-pandemic levels but sees risks

The Organization of the Petroleum Exporting Countries on Tuesday left its forecast for 2022 growth in oil demand broadly unchanged at 3.4 million barrels a day. In its monthly report, OPEC revised down its forecast for demand growth in the second quarter to reflect China's COVID-19 lockdowns, while raising its second-half estimate on expectations for higher demand during the summer holiday and driving season.

OPEC leaves 2022 oil demand growth forecast unchanged, cuts supply growth as it revises down Russia outlook

Brent Crude and West Texas Intermediate are climbing on Tuesday morning on risks to Russian supply and the prospect of stronger demand from China.

Oil Rises as Concerns About Supply Outweigh Recession Risk

Oil prices seesawed in positive and negative territory on Tuesday, holding up despite recession fears and potential new COVID-19 curbs in China that could dampen demand as the market remains tightly supplied.

Oil bounces around as tight supply offsets China, recession fears

Oil futures finished higher on Monday after touching their lowest levels in nearly a week on concerns that renewed lockdowns in China would lead to lower energy demand. "Risk appetite is quickly leaving Wall Street and one of the few trades that is still looking attractive is oil," said Edward Moya, senior analyst at OANDA.

Oil futures give up early losses to finish higher on tight supplies

Oil futures fell Monday, pressured as Beijing moved to contain a renewed rise in COVID-19 cases and global equities tumbled as shock waves from last week's hotter-than-expected U.S. consumer-price index reading continued to ripple through financial markets.

Oil prices pull back on China COVID worries, recession fears

Oil has made a record-setting move in 2022, projecting higher prices.

Oil Momentum Projects Higher Prices

Oil prices slipped more than $2 on Monday as a flare-up in COVID-19 cases in Beijing quelled hopes for a rapid pick-up in China's fuel demand, while worries about global inflation and economic growth further depressed the market.

Oil prices slide on Beijing COVID warning, inflation concerns

Looking ahead, it is stating the obvious that the shape of the next six months will be determined by the damage caused by the war in Ukraine and the policy response to high inflation - notably in energy (oil and gasoline).

What Will It Take To Get Inflation Down? Is Oil The Key?

Oil futures rose Friday to trade near three-month highs and were on track for a strong weekly gain as demand for fuel pushed gasoline futures further into record territory.

Oil set for weekly gains as gasoline prices extend push into record territory

Oil prices fell on Friday but still hovered near three-month highs, with fears over new COVID-19 lockdown measures in Shanghai outweighing solid demand for fuels in the world's top consumer United States.

Oil falls on demand worries over Shanghai's new partial lockdowns

Oil futures were mixed early Thursday, with bulls taking a breather after crude ended the previous session at three-month highs.

Oil prices consolidate after hitting 3-month highs

Oil prices held near 13-week highs on Thursday, underpinned by robust demand in the world's top consumer United States while demand is expected to rebound in China as COVID-19 curbs across major cities are relaxed.

Oil hovers near 13-week high on robust U.S. demand, China optimism

Recent trading patterns suggest US oil prices are set for another surge, BofA said. Meanwhile, UBS said China's reopening will stoke demand.

Bank of America sees US oil hitting $140 a barrel within months, with analysts saying China's recovery will boost demand

Oil futures remained higher Wednesday after government data showed a rise in U.S. crude inventories but an unexpected fall in gasoline stocks. West Texas Intermediate crude for July delivery CL.1, +0.51% CL00, +0.51% CLN22, +0.51% was up 50 cents, or 0.4%, at $119.91 a barrel on the New York Mercantile Exchange.

Oil futures remain higher after rise in U.S. crude inventories

That's Jeremy Weir, who heads up Trafigura, one of the world's largest commodity traders, sounding the alarm bell at the FT Global Boardroom conference on Tuesday, according to the Financial Times. He's the latest bigwig to sound the alarm over the potential for global economic turmoil as the Russia-Ukraine war stokes energy-market volatility.

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