United States Brent Oil Fund LP

BNO tracks the Brent oil spot price using near-month ICE futures contracts.

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

SPDR S&P Oil & Gas Exploration & Production ETF

Crude oil markets have basically done nothing during the trading session on Wednesday as we are hovering just above a minor support level.

Crude Oil Price Forecast – Crude Oil Markets Continue to Stagnate

Today's EIA inventories report is expected to show that U.S. crude oil stockpiles rose by 2.5 million barrels during the week-ending Oct 14.

Oil Price Fundamental Daily Forecast – EIA Report Could Surprise after API Data Showed Unexpected Draw

Oil prices rose in early Asian trade on Wednesday, paring losses from the previous session, as concern over tight supplies following reports of lower inventories in the United States offset fears of lower demand from top oil importer China.

Oil prices rise on supply woes

Oil futures settled lower on Tuesday, with U.S. prices down nearly 3%. The White House said President Joe Biden will speak about gasoline prices on Wednesday.

Oil futures settle sharply lower on reports that the U.S. may release more oil from the SPR

Natural gas settled below the $6.00 level. Copper retreated towards $3.35.

WTI Oil Dives Towards $82.50 As Traders Prepare For SPR Sales

Crude oil markets have fallen hard during the trading session on Tuesday as we continue to see a lot of volatility in markets around the world.

Crude Oil Price Forecast – Oil Markets Continue to Pull Back

The OPEC+ oil producers group moved to cut output to prevent a crisis later on and stem a tide of volatility, the secretary-general of OPEC told an energy conference in Cape Town, South Africa, on Tuesday.

OPEC Sec-Gen: OPEC+ moved to cut output to prevent crisis later on

Recession fears are being fueled by concerns over lower crude demand from China as it persists with its stringent zero-COVID policy.

Oil Price Fundamental Daily Forecast – Upside Limited by Recession Worries, SPR Release

Oil futures erased an early bounce to turn lower as the U.S. dollar resumed a push higher while investors weigh fears of a global economic downturn against tight crude supplies.

Oil turns lower as dollar renews its rise

Oilfield service firms are poised to deliver the strongest third quarter results in years as demand for equipment and services has risen despite supply chain snags and higher costs from inflation, according to analyst forecasts.

U.S. oil service firms' results to show impact of demand, inflation

Oil prices steadied in early Asian trade on Tuesday as a weaker U.S. dollar lent support, although rising shale production and fears that stubbornly high inflation could lead the world economy into a recession limited gains.

Oil prices steady on U.S. dollar weakness; recession fears weigh

Oil output in the Permian in Texas and New Mexico, the biggest U.S. shale oil basin, is forecast to rise by about 50,000 barrels per day (bpd) to a record 5.453 million bpd in November, the U.S. Energy Information Administration (EIA) said in its productivity report on Monday.

U.S. Permian oil production forecast to hit record in November -EIA

Oil futures finished modestly lower on Monday, extending the sharp loss seen last week. "The backdrop of sticky high inflation resulting in increasingly more hawkish Fed policy expectations for the foreseeable future and the subsequent rise in recession fears will likely keep a lid on WTI in the low to mid $90s," analysts at Sevens Report Research wrote in Monday's newsletter.

Oil futures settle slightly lower, extending last week's sharp loss

WTI oil moved towards the $85.50 level. Weaker dollar and lower Treasury yields provided support to gold and silver.

Natural Gas Tests Support At $6.00

Crude oil markets bounced slightly during the trading session on Monday as traders came back to work. At this point, it looks like we are still trying to find some type of bigger bounce.

Crude Oil Price Forecast – Crude Oil Markets Bounced Slightly

Demand will remain the biggest concern this week after the financial markets locked up the chances of another 75-basis-point rate hike by the Fed.

Oil Price Fundamental Weekly Forecast – Likely to Be Capped by Lower Demand Fears

Oil prices rose in thin trade in early Asian hours on Monday as the U.S. dollar's strength eased while investors awaited data from China to gauge demand at the world's top crude oil importer.

Oil bounces higher as U.S. dollar's strength eases

OPEC's meeting on oil production sent shockwaves through the international market, boosting oil and gas stocks.

How The OPEC Meeting On Production Influences Oil And Gas Stocks

OPEC Secretary General Haitham Al Ghais said on Sunday that "oil markets are going through a stage of great fluctuations" during his two-day visit to Algiers.

OPEC Sec Gen says oil markets are going through 'great fluctuations'

Prices fell sharply from mid-week on after the IEA said OPEC+'s plan from the previous week to cut output could tip the global economy into recession.

Oil Price Fundamental Daily Forecast – More Downside Expected as Recession Fears Mount

The secretary general of the Organization of Arab Petroleum Exporting Countries (OAPEC) said on Saturday that the OPEC+ decision to cut its oil production target is correct, and was taken at the right time.

OAPEC Sec Gen says OPEC+ decision to cut oil production 'correct'

Even though WTI crude just saw its worst week in more than two months, ETF investors still see reasons to be bullish on the sector.

Why the oil trade may have more juice despite a losing week

Oil futures on Friday ended lower for the session, contributing to a weekly loss of nearly 8% for U.S. benchmark crude prices. “With many analysts and economists now forecasting a recession as their base case outlook for 2023, demand estimates for everything from energy products to industrial metals are taking a hit,” said Tyler Richey, co-editor at Sevens Report Research.

Oil futures finish lower for the session and week

Gold declined towards the $1640 level. Silver tested support at $18.15.

WTI Oil Retreats Below The $86 Level On Recession Worries

Crude oil markets have pulled back a bit during the week to show signs of hesitation, as we are now retesting the previous channel that we had been in.

News for United States Brent Oil Fund LP ETF (BNO)