iPath Pure Beta Crude Oil ETN

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Benchmark oil prices are up 16% in July, putting the commodity on pace for its best month since January 2022. Optimism around global growth has helped fuel the rally.

Oil is on course for its best month since Russia invaded Ukraine as recession fears die down and Saudi Arabia cuts supply

Crude continues to try to break out, showing signs of pressure yet again on Monday.

Crude Oil Price Forecast – Crude Oil Market Points to Potential Upside Breakouts

Oil futures rose early Monday, with both Brent and West Texas Intermediate crude on track for big monthly advances following strong economic data.

Oil prices on track for largest monthly gain in over a year

Oil prices will stall this year as weak economic growth is expected to curb demand and offset the impact of OPEC+ production cuts on supply, a Reuters poll showed on Monday.

Oil to drift lower as slower growth offsets OPEC+ cuts

Oil prices hover near 3-month highs, set for biggest gain in a year as Saudi Arabia's output cuts continue into September, tightening global supply.

Oil Price Forecast: Near 3-Month Highs as Saudi Arabia Plans Extend Output Cuts

Goldman Sachs on Sunday revised up its global oil demand forecast for the year while sticking to its 12-month Brent price projection of $93 per barrel as higher realized inventories offset the demand boost from a less pessimistic growth outlook.

Goldman upgrades oil demand outlook as market tempers growth pessimism

Oil inventories are beginning to fall in some regions as demand outpaces supply constrained by deep production cuts from OPEC leader Saudi Arabia, providing support for prices which are expected to rise in coming months.

Analysis: Oil inventory drops set stage for higher prices

Oil prices hovered near three-month highs on Monday, set to post their biggest monthly gains in over a year on expectations that Saudi Arabia would extend voluntary output cuts into September and tighten global supply.

Oil on track for biggest monthly gains in over a year

Oil traders remain bullish ahead of the weekend.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Gain Ground As Rally Continues

Crude oil markets have rallied during the course of the week, but it looks like we are struggling with a significant resistance barrier.

Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Threaten a Breakout

Global oil prices have gained more than 16% since late June and are heading for their fifth-straight week of gains, the longest rally since before Russia's full-scale invasion of Ukraine upended energy markets.

Why oil prices are on their strongest run since before Russia invaded Ukraine

Crude oil markets saw a significant surge in prices during Friday's trading session, hinting at a potential breakout for both WTI Crude Oil and Brent.

Crude Oil Price Forecast – Crude Oil Continues to Pressure Resistance

Oil futures pulled back from three-month highs Friday, but remained on track for a fifth straight weekly gain, lifted by fading fears of a global economic slowdown as supply cuts by major producers take effect.

Oil pulls back, but heads for 5th straight weekly gain

Oil prices have been on a tear recently, supported by deepening supply cuts announced by the world's largest oil producers earlier this month.

Oil on Track for 5th Week of Gains as US Soft Landing Seems Possible

WTI crude oil remains stable, set for a fifth consecutive week of gains, driven by a bullish outlook and sustained by healthy demand and supply cuts.

Oil Price Forecast: WTI Crude Oil Eyes 5th Week of Gains Amidst Bullish Outlook

Oil prices fell in early Asian trade on Friday as demand concerns weighed against strong economic data.

Oil prices open lower on demand concerns, remain on track for weekly gain

U.S economic data provided additional support to oil markets.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Gain Ground As Traders Stay Bullish

Crude oil markets have rallied again during the day on Thursday, as it looks like we are threatening some type breakout.

Crude Oil Price Forecast – Crude Oil Markets Threaten a Breakout

OPEC+ has been trimming oil production since November in a bid to prop up falling prices.

Portfolio manager says OPEC+ alliance could break — sending oil prices down to $35 a barrel

Oil futures rose early Thursday, taking back ground lost the previous session to trade near three-month highs as investors looked for further tightness in global supplies of crude.

Oil prices bounce back toward 3-month highs

It looks like being another positive start for stocks Thursday, after the Federal Reserve's policy decision and accompanying comments gave investors little to be worried about, and Meta Platforms META, +1.39% managed to beat earnings expectations.

Oil will hit $90 a barrel, says Bank of America. That may be a problem for stocks.

WTI crude oil prices surged 1%, recovering from losses, fueled by supply tightness and optimism over Chinese demand, defying economic concerns.

Oil Price Forecast: Higher as China's Economic Revival Spurs Optimistic Outlook

Oil prices rose on Thursday as investors focused on expectations of tighter supplies from top oil producers, helping reverse earlier losses that were driven by worries that the hike in interest rates by the U.S. will hurt demand.

Oil up as supply tightness view offsets concerns from rate hikes

U.S. oil prices settled with a loss on Wednesday for the first time in five trading sessions. Prices held onto their losses after the Federal Reserve raised its benchmark interest rate, as expected.

U.S. oil futures mark first loss in 5 sessions

Oil traders decided to take some profits off the table near multi-month highs.

News for iPath Pure Beta Crude Oil ETN Stock (OIL)