ConocoPhillips

EOG Resources

Marathon Petroleum

Phillips 66

Diamondback Energy

Hess

Texas Pacific Land Trust

Valero Energy

Devon Energy

iShares U.S. Oil & Gas Exploration & Production ETF

IEO tracks a market cap weighted index of companies in the U.S. oil and gas exploration and production space according to Dow Jones.

United States Brent Oil Fund LP

Invesco DB Oil Fund

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

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

Oil futures were flat to slightly lower in early trade Wednesday, steadying after a selloff the previous session that analysts blamed in part on Federal Reserve Chair Jerome Powell's remarks on the U.S. interest rate outlook.

Oil steadies after Fed's Powell sparks selloff; await inventories data

Barclays cut its 2023 oil price forecasts on Wednesday, due in part to more resilient output from Russia than expected, and said the market could flip into a deficit in the second half of the year due to growing demand in China.

Barclays cuts 2023 oil price forecasts on resilient Russian output

Oil traders are awaiting inventories data from the EIA, after the API reported a more significant than expected draw for the first time in 10 weeks.

Oil Price Fundamental Daily Forecast – Rebounding Ahead of EIA Report

Oil prices steadied in early Asian trade on Wednesday as industry data showed a draw in U.S. crude oil inventories, after the market tumbled in the previous session on fears more aggressive U.S. interest rate hikes would hit demand.

Oil stabilises as surprise US crude draw offsets rate hike jitters

The dollar is surging and commodity prices are slumping as Powell struck a hawkish tone in testimony in Washington, DC, on Tuesday.

Oil prices drop alongside other commodities as Fed Chair Powell opens the door to even higher US interest rates

Crude-oil prices finished with a loss of more than 3% on Tuesday. Weaker-than-expected Chinese import data fueled uncertainty over energy demand, as Federal Reserve Chairman Jerome Powell's testimony to the Senate Banking Committee left the door open for more aggressive interest-rate hikes.

Oil futures settle more than 3% lower on demand uncertainty, Powell's testimony

Fed's aggressive rate hikes may put too much pressure on the economy and reduce demand for oil.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Retreat On U.S. Rate Hike Fears

"The risk of a recession over the near term seems quite low," according to DataTrek's cofounder Nicholas Colas.

Oil prices are an 'underappreciated' indicator of a coming recession - and they're flashing signs the US will avoid a downturn

Oil futures fell early Thursday, feeling pressure after weaker-than-expected import data from China.

Oil lower after disappointing China import data

Crude oil traders will be eyeing the testimony of Fed Chair Powell, hoping he clarifies his outlook for the economy and the duration of rate hikes.

Oil Price Fundamental Daily Forecast – Dovish Powell Will Set Bullish Tone

Oil prices edged up after industry executives flagged concerns about limited spare capacity in the market and uncertainty over Russian supplies while demand from top crude importer China is recovering.

Oil edges up on supply concerns, China demand hopes

Crude-oil prices settled higher on Monday, shaking off concerns over the energy demand outlook. The Chinese government on Sunday set this year's economic growth target at around 5%.

Oil futures finish higher despite China's ‘unambitious' economic growth target

Oil markets rebounded from session lows as traders bet that China's 5% growth should be sufficient to boost demand for oil.

Natural Gas, WTI Oil, Brent Oil – Natural Gas Drops As Weather Forecasts Change

Oil futures fell Monday, with traders appearing underwhelmed by the 5% economic growth target set by China's National People's Congress.

Oil prices fall after China's 5% growth target underwhelms traders

The oil price has entered a very favorable seasonal cycle.

Buy Oil Now

Rate hikes worldwide could also impact oil prices as global central banks tighten policy over fears of increasing inflation.

Oil Price Fundamental Daily Forecast – Rate Hike Fears, Modest Economic Growth for China Capping Gains

Oil prices opened lower on Monday after China set a modest target for economic growth this year of around 5%, lower than market expectations of 5.5% growth in the world's second- largest oil consumer.

Oil prices open lower on modest Chinese growth forecast

Oil futures dipped Friday, then recovered, after a report by The Wall Street Journal detailing strained relations between Saudi Arabia and United Arab Emirates. The report, citing Emirati officials, said U.A.E.

Oil dips after report U.A.E. internally debating leaving OPEC

Crude oil markets have rallied a bit during the week, but quite frankly we are still in the midst of a major consolidation area.

Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Consolidate Even Longer

Crude oil markets eventually turned things around during the trading session on Friday, after initially selling off quite drastically.

Crude Oil Price Forecast – Crude Oil Markets Stage Nice Recovery During Friday Session

WSJ reported that UAE could leave OPEC, but the country's officials have quickly refuted the report.

Natural Gas, WTI Oil, Brent Oil – Oil Rallies As UAE Refutes WSJ Report

Such a move would significantly impact on the oil producer group's global clout, and allow the UAE to pump as much oil as it wants.

Oil prices turn positive after falling by $2 a barrel on a report UAE is considering leaving OPEC

Oil futures edged lower Friday, but remained on track for weekly gains as traders weighed optimism over Chinese demand against rising U.S. crude inventories.

Oil prices edge lower, but on track for weekly gains

Crude oil's short-term trend is likely to be biased to the upside as long as China's demand continues to recover from COVID-related restrictions.

Oil Price Fundamental Daily Forecast – China Demand Recovery Supportive, but Dollar Needs to Weaken

Oil prices fell on Friday, but were poised for a weekly gain as renewed optimism on China's demand recovery over-rode recession worries brought by growing crude inventories in the U.S. and tightening monetary policy in Europe.

News for iShares U.S. Oil & Gas Exploration & Production ETF ETF (IEO)