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

Falling Treasury yields provided additional support to oil markets.

Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Rebounds Towards $79.00 As Crude Inventories Decline

Gasoline inventories decreased by 0.2 million barrels.

Crude Inventories Declined By 2.5 Million Barrels, More Than Expected

The crude oil markets have been very sluggish as of late, and therefore I think you have to look at this point, as a spot where we could have a lot of action enter the fray.

Crude Oil Price Forecast – Crude Oil Continues to Grind a Bit Lower

World oil demand is forecast to grow by 1.1 million barrels per day this year, down 140,000 bpd from last month's projection.

Oil prices slip as International Energy Agency cuts demand growth forecast

Colombia's average daily oil output is closing in on 800,000 barrels per day (bpd) even as the Andean country increasingly looks to boost renewable energies, the president of the National Hydrocarbons Association (ANH) regulator said.

Colombia oil output closing in on 800,000 bpd, regulator head says

Oil futures edged lower Wednesday after ending the previous session at nine-week lows, with traders awaiting a key U.S. inflation reading and official storage data.

Oil prices hover near 9-week lows as traders await CPI data

Crude oil prices are expected to remain volatile over the near-term with a bullish bias due to reduced inventories and potential supply disruptions.

Crude Oil News Today: Underpinned by Falling Inventories, Weaker Dollar

The International Energy Agency cut its forecast for oil-demand growth this year as subdued industrial activity and mild winter temperatures reduced gasoil consumption across some of the world's largest economies, particularly in Europe.

IEA lowers 2024 oil-demand forecast

The International Energy Agency (IEA) trimmed its forecast for 2024 oil demand growth on Wednesday, further expanding the chasm between it and oil producer group OPEC regarding the outlook for global oil demand this year.

IEA trims 2024 oil demand growth forecast, widening gap with OPEC view

A significant 3.1M barrel drop in U.S. oil inventories has lifted WTI prices to $78.49, reflecting tightening supply.

Natural Gas and Oil Forecast: US Inventories Drop 3.1M Barrels, WTI Up 0.12%

Oil prices rose in early trade on Wednesday as large wildfires were threatening Canada's oil sands and as the market expected U.S. crude oil and gasoline inventories to show a drawdown later in the day.

Oil prices up on wildfires in Canada, US inventories drawdown expectations

Oil traders are worried that interest rates will stay at high levels for a long time.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Retreat After U.S. PPI Report

The crude oil market continues to see a lot of noise overall, as the market continues to try and find its footing. There are a few technical levels and indicators that are coming into the picture at the moment that should help.

Crude Oil Price Forecast – Crude Oil Continues to Build Up Pressure

Oil futures were little changed Tuesday morning after the Organization of the Petroleum Exporting Countries left its monthly forecasts largely unchanged and traders awaited U.S. inflation data.

Oil prices flat as traders await U.S. inflation data; OPEC forecasts unchanged

OPEC stuck to its forecast for relatively strong growth in global oil demand in 2024 on Tuesday and said there was a chance the world economy could do better than expected this year.

OPEC sticks to oil demand view, sees potential economic upside

Equinor

Equinor and Norwegian state-owned oil firm Petoro have agreed an asset swap to that allows the companies to harmonise their ownership in key fields, the two groups said on Tuesday.

Equinor and Petoro swap Norwegian oil and gas assets

The crude oil market outlook is cautiously optimistic with expected OPEC+ cuts and possible US monetary policy easing boosting demand.

Crude Oil News Today: Gains Capped as Traders Eye US Inflation, OPEC Report

Oil prices rise as China's economic recovery sparks demand hopes, while Alberta wildfires threaten supply. Natural gas remains bearish below $2.39.

Natural Gas and Oil Forecast: USOIL Up 0.08%, NG Down 0.04% Amid China Hopes

Indonesia launched its first oil and gas auction this year offering five blocks on Tuesday, while the government pledged to boost exploration in an effort to reverse output declines in a country that was once a net oil exporter.

Indonesia offers five oil and gas blocks, pledges to boost exploration

Oil prices rose on Tuesday as the supply-demand balance looked set to tighten on operational disruptions, stronger demand and voluntary output cuts.

Oil prices tick up on tighter supply outlook

China wants to raise 1 trillion yuan ($138 billion) to boost its economy, which is bullish for oil markets.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As Traders Focus On China's Stimulus Plan

U.S. oil output from top shale-producing regions will rise in June to its highest in six months, the U.S. Energy Information Administration (EIA) said in its monthly Drilling Productivity Report on Monday.

US oil output in top shale regions to hit six-month high in June - EIA

Oil futures edged higher early Monday as traders weighed signs of soft fuel demand against expectations the Organization of the Petroleum Exporting Countries and its allies will extend production cuts into the second half of the year.

Oil prices edge higher to kick off the week

Given the current economic indicators and market sentiment, the outlook for crude oil prices remains bearish in the short term.

Crude Oil News Today: Volatility Highlighted Amid Economic, Rate Uncertainty

Amid fluctuating energy markets, Natural Gas eyes a pivotal $2.20 level for a potential rebound as oil prices also show signs of strain.

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