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

The disappointing Michigan Consumer Sentiment report put pressure on the oil markets.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back Amid Demand Worries

The oil market has seen a bit of buying this past week, after initially falling a bit. A this point, I suspect there is a lot of buying pressure underneath current levels.

Crude Oil Weekly Price Forecast – Crude Oil Continues to See Support

The oil markets have rallied a bit in the early hours of Friday, but at this point we still see a bit of resistance above that could come into play here.

Crude Oil Price Forecast – Oil Continues to Look For Buyers to Break Higher

Following a marginal recovery, oil prices are currently lurking around the $85 per barrel range, using global proxy benchmark Brent as a measuring gauge. However, that is unlikely to be enough for OPEC+, a select group of Russia-led oil producers and the Organization of the Petroleum Exporting Countries (OPEC) spearheaded by Saudi Arabia, to raise its production levels.

OPEC+ Unlikely To Move On Crude Production Levels With Oil Around $85

Oil futures rose Friday and were on track for weekly gains, taking back some of the ground lost last week as fears of a broader Middle East war faded.

Oil prices on track for weekly gain

Light crude oil futures are exhibiting a bullish outlook for the near term, supported by strong demand signals and geopolitical uncertainties.

Crude Oil News Today: Underpinned by Demand Expectations, Global Tensions

Russia's exports of naphtha to Singapore are on track to rise to their highest level this year in May as Russian refineries recover from drone attacks, traders and analysts estimated, with the trend poised to continue as more capacity comes online.

Russia's refined oil product exports to Singapore to hit highest this year in May, traders say

The Trans Mountain Pipeline from oil-rich Alberta to Vancouver will open up Asian and U.S. markets to Canadian producers. The case for Cenovus Energy.

Canada's Gusher: Winners From a New Oil Pipeline

As WTI nears the $80 mark and Brent approaches $85, traders closely monitor resistance levels amid rising geopolitical tensions.

Natural Gas and Oil Forecast: WTI and Brent Rise, Await $80 and $85 Barriers

Oil prices rose on Friday, continuing upwards trend on the signs of improving economy in China and as negotiations to halt hostilities in the stand-off between Israel and Hamas yielded no results.

Oil prices up on stronger Chinese data, Middle East conflict

China's crude oil imports increased in April, indicating that China's economy may be gaining steam.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back From Session Highs As Traders Stay Cautious

OPEC will stop publishing a calculation of the world's demand for its own crude in its monthly oil report, two sources close to the matter said, focusing instead on forecasts for demand for oil from the wider OPEC+ group.

OPEC switches to 'call on OPEC+' in global oil demand outlook, sources say

The oil markets rallied a bit in the early hours on Thursday, but at this point aren't quite ready to go higher, at least not yet.

Crude Oil Price Forecast – Crude Continues to Look For Buyers

Republican presidential candidate Donald Trump vowed to reverse dozens of the Biden administration's environmental rules and policies at a meeting with top U.S. oil executives, where he also asked them to raise $1 billion for his presidential campaign, the Washington Post reported on Thursday.

Trump vows to target electric vehicles in meeting with oil CEOS -report

A U.S. treasury official warned of environmental risks from illicit transfers of Iranian oil off Malaysia, news portal Malaysiakini reported on Thursday, as the United States narrows its focus on financing for militant groups routed through Southeast Asia.

US flags environmental risks from illicit transfers of Iranian oil off Malaysia, report says

Profit margins for diesel are slumping as new refineries boost supplies and as mild weather in the northern hemisphere and slow economic activity eat into demand, putting oil prices under further downward pressure.

Bear market for diesel spells fresh troubles for oil

Oil futures rose Thursday morning, building on a gain seen the previous session after government data showed an unexpected drop in U.S. crude inventories last week.

Oil futures extend rise seen after drop in U.S. crude inventories

The immediate outlook for the crude oil market is bullish, as traders anticipate demand trends to drive prices higher in the near term.

Crude Oil News Today: Prices Climb on US Stock Draws, Rising Chinese Imports

As energy prices notch a modest increase over 0.25%, analysts speculate on the potential for further gains amid fluctuating market conditions.

Natural Gas and Oil Forecast: Energy Prices Climb Over 0.25%; More Upside Ahead?

Oil prices rose in early trade on Thursday as shrinking U.S. crude inventories signalled tighter supply, and amid rising hopes that the Federal Reserve would cut interest rates by the end of the year.

Oil rises on U.S. crude storage draw, Fed rate cut hopes

Goldman Sachs on Wednesday said they no longer expect OPEC+ to announce a partial unwind of voluntary production cuts in June.

Goldman Sachs sees OPEC+ unlikely to raise production at June meeting

Russia cut its crude oil production by less than pledged last month, exceeding a target agreed on in March with the Organization of Petroleum Exporting Countries (OPEC), Bloomberg news reported, citing calculations based on official data.

Russia cuts oil production by less than agreed last month, Bloomberg says

Oil prices moved away from multi-week lows.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As Crude Inventories Decline

Gasoline inventories increased by 0.9 million barrels from the previous week.

Crude Inventories Decline By 1.4 Million Barrels

The oil markets initially fell a bit in the early hours on Wednesday as the market continued to look very dire. However, this is a situation where the traders out there may finally being pushed back on.

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