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

The cartel expects consumption to grow for at least the next two decades.

OPEC Disputes Claims That Oil Use Has Peaked

Saudi Arabia is considering the cancellation of plans for the Organization of the Petroleum Exporting Countries to raise oil production early next year, The Wall Street Journal reported Thursday, citing comments from senior Saudi oil advisers. They cited the rise in COVID-19 cases in many parts of the world, as well as the expected return of Libyan crude oil to the world market for rethinking the plan, which calls for a gradual increase in output, as OPEC and its allies, collectively known as OPEC+, ease production curbs.

Saudi Arabia may halt plans for OPEC to boost oil output early next year: report

Oil is expected to retain its hold as the world's fuel of choice over the next quarter century, according to the Organization of the Petroleum Exporting Countries World Oil Outlook report released Thursday.

Commodities Corner: OPEC expects oil to hold ground as the world’s fuel of choice through 2045

Cartel of oil-exporting nations expects demand to continue rising until late 2030s

Opec rejects projection that global demand for oil has peaked

OPEC Secretary General Mohammad Barkindo said on Thursday the worst was over for the oil market, following a price and demand collapse this year due to the coronavirus pandemic.

OPEC chief says the worst is over for oil market

World oil demand will plateau in the late 2030s and could by then have begun to decline, OPEC said on Thursday, in a major shift for the producer group that reflects the lasting impact of the coronavirus crisis on the economy and consumer habits.

OPEC, in major shift, says oil demand to plateau in late 2030s

Oil prices rise Thursday, lifted as strikes in Norway continue to weigh on production in he North Sea and Hurricane Delta forces the shut-in of crude and natural-gas production in the Gulf of Mexico.

Futures Movers: Oil boosted as Norway strike, U.S. hurricane curtail crude output

OPEC said worldwide oil demand was expected to increase by nearly 10 million barrels per day over the long term.

OPEC cuts long-term forecast for oil demand growth, sees 'continued disparity’ in climate policy

The U.S. stock market was back in rally mode Wednesday, recovering all of the previous day's slide and more as hopes revived for an eventual round of fiscal stimulus from Congress. But oil futures got left way behind.

The Tell: Why oil got left behind as stocks soar on revived stimulus hopes

Hurricane Delta prompts shut-in of 29.2% of Gulf crude production

Futures Movers: Oil prices fall on signs of rising crude inventories, stimulus uncertainty

Oil futures settled higher on Tuesday as Hurricane Delta became a Category 4 major hurricane and looked to put energy facilities in the Gulf of Mexico at risk later this week.

Oil settles higher as Hurricane Delta intensifies, raising the risk to energy facilities in the Gulf of Mexico

The U.S. Energy Information Administration reduced its 2020 forecasts for U.S. and global benchmark oil prices, but raised its U.S. crude production outlook for this year, according to the Short-Term Energy Outlook report released Tuesday. The EIA cut its 2020 West Texas Intermediate crude price forecast to $38.76 a barrel, down 0.6% from the September forecast.

EIA lowers price forecasts for oil, lifts U.S. crude production outlook for 2020

A second pandemic wave appears quite possible, but control measures should mean any demand reduction can be managed by OPEC+.

Second Pandemic Wave Should Not Crash Oil Prices

Oil futures rose on Monday, with U.S. prices marking their first gain in three sessions as traders monitored developments tied to President Donald Trump's COVID-19 diagnosis and an oil workers' strike that's expected to cut production in Norway. Improvements in Trump's condition "would raise the chances that a fiscal stimulus deal will get done before the election," said Edward Moya, senior market analyst at Oanda.

U.S. oil futures finish higher for the first time in 3 sessions

Crude oil moved sharply down during the coronavirus lockdown back in March, but energy quickly turned bullish again with economic stimulus packages coming into play across the globe.

Crude Oil Correction Over, Time for a Rally!

Last week's economic data came out mixed but did push stocks higher. With COVID-19 cases on the rise, including in the White House, this next week's performance will set the stage for the rest of the month.

Where Is Crude Oil Headed?

While the announcement of another stimulus package could energize some speculators to buy oil right after the news, economic stimulus is unlikely to actually revitalize oil demand.

Oil Prices Are Waiting To Rise, But Stimulus Will Not Be The Cure

Oil futures declined on Friday, contributing to a second weekly loss for prices as President Donald Trump's COVID-19 diagnosis raised further concerns over a slowdown in the economy and energy demand. "Rising coronavirus cases across the globe fan fears around slowing world growth and pace of demand recovery," said Lukman Otunuga, senior research analyst at FXTM.

Oil futures post a second weekly loss

Gold futures fell Friday, pulling back after settling at a nearly two-week high a day earlier, as traders assessed the impact of President Donald Trump’s COVID-19 diagnosis. Prices, however, held ground above the key $1,900 mark to gain over 2% for the week.

Gold futures end lower, but gain more than 2% for the week

Oil prices fell nearly 1% on Friday, extending losses into a second day as rising production of crude comes amid a worsening COVID-19 pandemic which threatens to bring more restrictions on movement and consumption that will likely hit demand for fuel.

Oil drops for second day as worsening pandemic threatens demand drop

Oil futures dropped Thursday to mark their lowest settlement in more than two weeks as concerns over the spread of COVID-19 continued to fuel expectations for weaker energy demand. "Health concerns are persistent, so that has chipped away at traders' perception of demand," said David Madden, market analyst at CMC Markets UK.

Oil futures drop to their lowest settlement in more than 2 weeks

U.S. oil futures rose on Wednesday after the U.S. government reported a third straight weekly decline in crude supplies. Prices, however, ended lower for the month and tallied a modest quarterly gain as COVID-19 continued to feed concerns over a slowdown in energy demand.

U.S. oil futures climb as U.S. supplies fall a third week, but prices end lower for the month

Oil prices fell for a second day on Wednesday, extending big losses from the previous session amid rising concerns about fuel demand as the coronavirus pandemic worsens.

Oil drops second day as surging coronavirus cases prompt demand worries

We became extremely bearish on energy in 2011. At the time, we saw interest in Seattle for hybrid and electric cars

Smead's Folly Becomes Newsom's Folly

OPEC is unlikely to increase oil output as planned from January next year as it could mean adding more downside pressure to the already bearish and weak market, top traders said on Tuesday.

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