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

Near-term global oil and liquids production growth will be driven primarily by the U.S., Guyana, Canada, and Brazil, offsetting voluntary production cuts by OPEC+, the U.S. Energy Information Agency (EIA) forecast on Thursday.

Non-OPEC+ to lead 2024 oil production growth, offsetting output cuts - EIA

The crude oil market continues to see a lot of upward pressure, and it certainly looks as if it is getting ready to breakout finally.

Crude Oil Price Forecast – Crude Oil Continues to Pressure Upside

Magnolia Oil & Gas Corp

Marathon Oil

Matador Resources

Healthy oil prices raise the incentive to keep tabs on upstream firms like Matador (MTDR), Marathon Oil (MRO) and Magnolia (MGY).

Healthy Crude Oil Prices Fuel Upstream Sector Expansion

The West Texas Intermediate, a national benchmark for crude oil, climbed more than 1% on Thursday to a four-month high, as uncertainty in the international energy market and low supplies in the U.S. continue to drive up the price of oil—and gasoline.

Oil Prices Hit 4-Month High, Driving Gas Near $3.50: Here's Why It Could Get Worse

U.S. crude rises above $80 as oil supply deficit forecast for 2024

Oil futures rose Thursday, finding support after the International Energy Agency lifted its forecast for oil-demand growth this year and cut its outlook for supply from countries outside the Organization of the Petroleum Exporting Countries.

Oil prices rise after International Energy Agency boosts demand-growth outlook

With Brent and WTI crude futures rising, a strong demand outlook in the U.S. and decreasing gasoline stocks are key drivers behind this trend.

Crude Oil News Today: Robust Demand Fuels Price Surge

Is the US oil market taking a turn? Curious about the recent behavior of the US oil price? You're not alone. Many traders are keeping a keen eye on the US oil price chart, trying to decipher where the US oil market is heading next. Something interesting is brewing this week with US oil trading. Could there be a lucrative opportunity as the price potentially dips to the $76 mark and then aims for a retest at $78?

Navigating US OIL PRICE Trends

Drone strikes on a Russian refinery and OPEC's compliance challenges inject uncertainty into oil markets, yet underscore the potential for sustained price increases.

Natural Gas and Oil Forecast: Drone Strikes Propel Prices; More Upside Ahead?

Oil extended gains in Asian trade on Thursday after a surprise drop in U.S. crude stockpiles indicated strengthening demand, while possible supply disruptions following Ukrainian attacks on Russian refineries also underpinned prices.

Oil prices underpinned by US inventory data, attacks on Russian refineries

U.S. domestic oil production declined from 13.2 million bpd to 13.1 million bpd, providing additional support to oil markets.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground After EIA Report

As U.S. crude production gears up for new heights, our recommendation is to concentrate on domestic E&P companies with strong fundamentals, such as APA, FANG and MGY.

U.S. Oil Production Hits Record High, Set to Remain Dominant

Gasoline inventories declined by 5.7 million barrels from last week.

Crude Inventories Fell 1.5 Million Barrels As Imports Declined

Investors could be caught off guard by the strength of an oil price rally this summer, according to Morgan Stanley's Martijn Rats.

Oil strategist says the market could be caught off guard by a crude spike this summer

U.S. crude inventories fell by 5.5 million barrels last week, according to data from the American Petroleum Institute.

Oil prices rise as U.S. inventories fall, Ukraine strikes Russian refineries

Oil futures rose Wednesday morning, finding support after industry data showed a drop in U.S. crude inventories ahead of official figures from the Energy Information Administration.

Oil prices lifted after industry data shows drop in U.S. crude inventories

OPEC projects a notable rise in global oil demand, aligning with a positive economic growth forecast, hinting at a robust market ahead.

Crude Oil News Today: OPEC Maintains Robust Demand Growth Forecast

OPEC's optimistic demand forecast and a surprising U.S. inventory drop fuel hopes for oil's upward momentum in the global market.

Natural Gas and Oil Forecast: OPEC's Demand Forecast Raises Hopes

Oil prices rose on Wednesday on expectations of strong global demand, including in the world's top consumer the United States, and as even somewhat sticky U.S. inflation did not dent expectations the Fed might start cutting rates soon.

Oil prices up on strong US demand, Fed signals in focus

Here we follow up on our late October post about crude oil futures. Price followed our preferred bullish path, and we now have more information with which to forecast future moves.

Crude Oil Elliott Wave Bearish Forecast Analysis For 2024

Oil traders are worried about hawkish Fed as inflation reports exceeded analyst expectations.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Moves Lower As Treasury Yields Rise

Crude continues to see a lot of noisy behavior, and it should more likely than not continue. The markets are watching important resistance levels, and with this, you have to be cognizant of the overall momentum, and of course cyclical trade as well.

Crude Oil Price Forecast – Crude Continues to Look For Momentum

The CPI for February rose 0.4% for the month, in line with expectations, but the annual rate came in slightly ahead of the 3.1% forecast.

Oil prices steady as traders evaluate latest U.S. inflation data

OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, and further raised its economic growth forecast for this year saying there was more room for improvement.

OPEC sticks to oil demand view, nudges up economic growth again

Oil futures were flat to slightly higher early Tuesday ahead of an eagerly awaited U.S. consumer-price index reading for February and the latest monthly update from the Organization of the Petroleum Exporting Countries, or OPEC.

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