ConocoPhillips

Texas Pacific Land Trust

CNX Resources

Expand Energy Corp. - Ordinary Shares - New

Antero Resources

Range Resources

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Coterra Energy

Ovintiv

SPDR S&P Oil & Gas Exploration & Production ETF

XOP tracks an equal-weighted index of companies in the US oil & gas exploration & production space.

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

United States Oil Fund LP

From a big picture point of view, oil traders ignore worries about China's demand and focus on the upcoming start of the Fed rate cut cycle.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Is Flat As Traders Stay Focused On Fed Policy Outlook

Brent crude oil has reached $85.40, marking a continued increase over two consecutive sessions. This upward trend is primarily supported by recent US energy inventory statistics, which showed a significant decrease of 4.87 million barrels against an anticipated decline of 0.8 million barrels. This marks the longest stretch of inventory reductions since last September, underscoring a robust demand for oil.

Brent Oil Price Trends Upward Amid Positive Market Signals

The crude oil market has ran into a significant amount of hesitation after a big move and has started to pull back a bit. With this, the market will be looking for a bounce just below.

Crude Oil Price Forecast – Crude Oil Hesitates After Big Move

U.S. oil jumped 2.6% in the previous session after crude inventories declined.

U.S. oil holds to gains after three weeks of crude inventory declines

A mini OPEC+ ministerial meeting next month is unlikely to recommend changing the group's output policy, including a plan to start unwinding one layer of oil output cuts from October, three sources told Reuters.

OPEC+ unlikely to change oil output policy at Aug 1 JMMC meeting, sources say

Oil futures were straddling either side of unchanged early Thursday, struggling to build on gains seen the previous session after government data showed a larger-than-expected drop in U.S. crude inventories.

Oil prices struggle for direction after fall in crude inventories sparks bounce

In the past few weeks, global crude oil prices have flattered to deceive the market bulls. Many in the bullish corner, perhaps contrary to wider perceptions, don't regard a $85 per barrel Brent price as a sufficiently high ceiling under current market permutations for the global proxy benchmark.

Market Factors That May Push Brent Oil Futures To $90 In 2024

US crude oil prices surge with a 4.9 million barrel inventory decline, indicating robust demand. Learn how global factors influence today's oil market.

Oil News: US Inventory Drop Spurs Crude Oil Price Surge

Brent crude oil hovers above $85, reflecting a bullish sentiment in the oil market as traders anticipate further gains.

Natural Gas and Oil Forecast: Oil Rallies on US Stockpiles Drop, Brent at $85

Oil prices ticked higher on Thursday, buoyed by a bigger-than-expected weekly decline in U.S. crude stocks.

Oil prices rise on bigger-than-expected drop in US crude stocks

Oil traders bet on a rebound after the recent pullback despite worries about the health of China's economy.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Crude Inventories Fall

Five Below

U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining around 200 points on Wednesday.

Crude Oil Rises 2%; Five Below Shares Plunge

U.S. imports of crude oil from Canada rose last week to its highest on record, data from the Energy Information Administration showed on Wednesday, buoyed by the startup of the newly expanded Trans Mountain (TMX) pipeline.

US imports of Canadian crude hits record high following TMX startup

Gasoline inventories increased by 3.3 million barrels, exceeding analyst expectations.

Crude Inventories Fall By 4.9 Million Barrels

The crude oil market has seen a significant amount of support over the last few days, as the market is likely to see a lot of hesitation of the sellers come into play. Ultimately, this is a market that is cyclically strong in the summer, and therefore, this is a market that could bounce hard.

Crude Oil Price Forecast – Crude Oil Continues to Look for Momentum

Oil futures traded flat to slightly lower, struggling to hold on to gains seen after industry data showed a large drop in U.S. crude inventories ahead of official figures due Wednesday morning.

Oil prices struggle to snap 3-day losing streak despite in crude inventories

Oil prices steady as US inventory drop counters China demand worries. Fed rate cut hopes and geopolitical risks add support.

Oil News: EIA Report in Focus as Oil Market Seeks Direction Amid Global Uncertainties

U.S. crude inventories dropped by 4.4 million barrels, boosting oil prices, while Natural Gas rose to $2.18, up 0.18%.

Natural Gas and Oil Forecast: U.S. Crude Stocks Fall by 4.4M, NG Hits $2.18

Oil prices were steady in early Asian trade on Wednesday, with global benchmark Brent hovering near the one-month low it hit in the prior session, as signs of weakening demand growth in China clashed with the prospect of declining U.S. oil stockpiles.

Oil prices steady as slowing demand offsets tightening supply

Following a 61.8% retracement, crude oil approaches critical support at the 50-Day MA, with potential bullish signals on the horizon.

Crude Oil Price Forecast: Nears Key Support Levels Amid Pullbacks

Global oil prices slid for the third straight day Tuesday, reflecting investors' deepening concerns about declining demand.

Why Oil Prices Have Been Falling

Oil markets test new lows amid lack of positive catalysts.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Stay Focused On China's Problems

The West Texas Intermediate crude oil market broke down early during the session, but it now looks like it is trying to recapture the $80 level.

Crude Oil Price Forecast – Crude Oil Drops Early on Tuesday

Oil futures fell Tuesday, on track for a three-day losing streak, as investors worried about demand from China, the world's second-largest consumer of crude.

Oil falls for third straight day after China data sparks worries over demand

Crude oil weakness persists as China's economic slowdown concerns outweigh potential Fed rate cut expectations, pressuring market sentiment.

News for SPDR S&P Oil & Gas Exploration & Production ETF ETF (XOP)