United States Oil Fund LP

USO holds predominantly short-term NYMEX futures contracts on WTI crude oil.

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

Invesco Dynamic Oil & Gas Services ETF

ProShares Ultra Bloomberg Crude Oil

SPDR S&P Oil & Gas Exploration & Production ETF

Low inventories, low spare capacity, and low investment will continue to drive oil prices higher, Morgan Stanley said.

Oil prices are going to $90 per barrel in the 2nd half of this year on the back of a 'triple deficit' for the commodity, Morgan Stanley says

Oil futures edged lower Thursday, but continued to trade near two-month highs as investors remain upbeat about demand as the spread of the omicron variant shows signs of slowing and supplies remain tight.

Futures Movers: Oil futures edge down after hitting 2-month high

Oil prices slipped on Thursday, trimming big gains from the previous two sessions, amid uncertainty over near-term demand as cases of the highly contagious Omicron variant of the coronavirus surge around the globe.

Oil struggles to hold gains amid mixed demand view

Oil prices climbed Wednesday to their highest settlement in about two months after the Energy Information Administration reported a weekly decline of 4.6 million barrels in U.S. crude inventories to 413.3 million barrels - the lowest since 2018. A larger-than-expected draw in U.S. crude-oil supplies coupled with a large draw at the Cushing, Okla.

Oil prices settle higher as U.S. crude supplies drop to lowest since 2018

Oil prices that rallied 50% in 2021 will power further ahead this year, analysts predict, saying a lack of production capacity and limited investment in the sector could lift crude above $100 a barrel.

Oil prices could hit $100 as demand outstrips supply, analysts say

Oil futures rose Wednesday, hitting two-month highs, as traders appeared upbeat on the economic outlook on expectations the omicron wave of COVID-19 will have little lasting effect on demand.

Futures Movers: Oil trades at 2-month high, boosted by optimism over economy

Oil prices climbed on Wednesday, extending big gains in the previous session after the U.S. Federal Reserve chief signalled the central bank may raise rates more slowly than expected, which should support oil demand in the near term.

Oil tests pre-Omicron highs on economic growth hopes

US oil prices rose sharply on Tuesday, climbing above $81 a barrel for the first time in two months.

Oil prices climb to two-month high

ProShares UltraShort Bloomberg Crude Oil

United States 12 Month Oil Fund LP

Crude oil surged 4% on Tuesday, boosting crude ETFs as well, ahead of the much-anticipated API crude oil inventory data report as well as predictions that spiking coronavirus cases and the dissemination of the Omicron variant will prove less harmful to a global demand recovery than believed yesterday. Brent crude climbed $2.6, or 3.22%, to $83.46 [.

Crude ETFs Surge Amid Deltacron Doubts and Inventory Reports

Oil prices rallied Tuesday to log their highest settlement in about two months. The global oil demand outlook "still looks upbeat as most major economies are getting closer to the other side of the omicron fence," said Edward Moya, senior market analyst at OANDA.

Oil prices finish at a 2-month high

VanEck Vectors Biotech ETF

iShares U.S. Pharmaceuticals ETF

Materials Select Sector SPDR Fund

Pfizer is likely to launch Omicron vaccine in March while Moderna is working on a booster that targets the omicron variant of Covid-19.

Omicron Vaccines to Hit Market Soon? ETF Areas to Benefit

Oil futures rose Tuesday, with expectations the omicron variant COVID-19 virus won't derail demand in the face of tight supplies continuing to provide support.

Futures Movers: Oil pushes higher to extend early 2022 gains

Oil prices rose on Tuesday after two days of losses, with some risk appetite returning as the market awaited clues from the U.S. Federal Reserve chairman on potential rate rises and as some oil producers continued to struggle to beef up output.

Oil resumes climb on renewed risk appetite, tight OPEC supply

Questions around the amount of stored crude available, and the specifics in that data, are becoming increasingly important as crude inventories continue to fall.

The Oil Market Is Even Tighter Than The Positive Data Suggests

Oil prices settled lower on Monday for a second session in a row. Traders weighed support from global oil supply risks tied to protests in Kazakhstan and tensions between Russia and Ukraine, as well as concerns over a slowdown in energy demand due to the spread of the omicron variant of coronavirus.

Oil prices settle lower as traders weigh risks to supply and demand

Oil futures edged lower Monday, as traders assessed supply disruptions in Kazakhstan and Libya against the threat posed by omicron to demand.

Oil edges lower after jumping more than 5% in first week of 2022

Oil lost more ground on Monday as rapidly climbing cases of the Omicron COVID-19 variant hit economic activity, although losses were curbed by supply disruptions in Kazakhstan and Libya.

Oil drops for 2nd session on concerns over rising COVID-19 cases

Take a look at some ETFs that can benefit from the latest rally in oil prices due to a variety of factors including easing Omicron variant concerns.

Grab These ETFs to Ride the Latest Rally in Oil Prices

The bull case for rising crude prices makes sense, says one oil watcher.

$80 oil fueled by Fed, OPEC's puny production boost

Kazakh unrest stokes new fears about global supply problems

Oil Prices Back to Pre-Omicron Levels as Shell Gives Update on Buybacks

While stocks are still finding their footing after a steep drop following the FOMC Minutes on Wednesday, crude oil and crude ETFs are surging on Thursday, adding to a run-up in the prior few sessions, as escalating unrest in OPEC+ oil producer Kazakhstan and supply outages in Libya are sparking concern for crude investors and [...] The post Crude Oil ETFs Continue to Climb Amid Kazakhstan Unrest appeared first on ETF Trends.

Crude Oil ETFs Continue to Climb Amid Kazakhstan Unrest

Benchmark U.S. crude futures suggest oil supplies will remain tight early in the new year, even as the Omicron coronavirus variant has raised worries that the pandemic, which has dampened fuel consumption, is not going away anytime soon.

U.S. oil futures show tight supply to stay despite Omicron fears

Oil futures rose Thursday, building on a strong start to 2022, as traders worried about unrest in Kazakhstan and production outages in Libya.

Futures Movers: Oil rises amid Kazakhstan unrest, Libyan production outages

Oil prices lost ground on Thursday, easing from their highest levels in more than a month as OPEC+ producers stuck to a plan to boost production and U.S. fuel stockpiles surged amid declining demand.

Oil falls from one-month high on OPEC+ supply plans, U.S. fuel inventory surge

Oil prices finished with a gain on Wednesday after the Energy Information Administration reported a sixth straight weekly decline in U.S. crude inventories. The EIA report, however, highlighted a sharp decline in oil exports and refined product demand in the U.S., "as the normal seasonal decline in demand during the holiday week was exacerbated by the surge in U.S. COVID cases," said Troy Vincent, senior market analyst at DTN.

News for United States Oil Fund LP ETF (USO)