iPath Pure Beta Crude Oil ETN

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Crude oil futures climbed to their highest levels in more than two-weeks on Wednesday as a decline in U.S. inventories and a disruption to Iraqi supply helped boost prices.

Oil climbs to highest level in more than 2 weeks as Iraqi dispute limits supply

Geopolitical tensions boost WTI crude oil prices for third consecutive day.

WTI Crude Oil Prices Rise on Supply Tightening, Lower Inventories

Oil futures finished at their highest in more than two weeks on Tuesday, with prices finding support from a pullback in banking concerns, strength in Chinese energy demand and news of a short-term oil-supply disruption. Natural-gas futures, meanwhile, posted their highest settlement since September 2020, with prices pressured as forecasts for more moderate temperatures in parts of the U.S. dulled demand expectations.

Oil futures marks highest finish in over 2 weeks; natural-gas prices end to lowest in over 2 years

If the commodity breaks below the low $70 range, it could open the door to more losses.

Oil Has Dropped Sharply. Its Next Move Is Key.

Crude oil markets have done very little during the trading session on Tuesday, as we continue to see plenty of noise just above.

Crude Oil Price Forecast – Crude Oil Markets Running Into Resistance

Oil futures traded marginally higher on Tuesday after clinching their highest settlement in two weeks due in part to reports about climbing Chinese oil demand.

Oil prices tread water after settling at 2-week high

Halt in Iraqi oil exports causes uncertainty in global oil supply and prices.

Risks to Oil Production Support West Texas Intermediate Crude Prices

Oil futures finished at their highest in two weeks on Monday, finding support as banking concerns eased. “The crystal ball, which had been clouded by the banking crisis, is now showing a profit opportunity,” said Manish Raj, managing director at Velandera Energy Partners.

Oil futures finish at highest in 2 weeks, while natural-gas prices drop to lowest since February

Investing in oil stocks used to be a no-brainer. A growing world population and increasingly globalized economy requires vast amounts of fossil fuels to heat homes, ship goods across the ocean, and fuel jet-setters around the world.

How to Invest in Oil Stocks

Natural gas remains under pressure as weather forecasts trend warmer.

Natural Gas, WTI Oil, Brent Oil – Oil Rallies On Kurdistan Export Halt

Oil markets have to brace for more refining capacity coming on stream in the next two years than in any similar period over the previous four and half decades, says Royal Bank of Canada (TSX:RY). “This has implications for both product cracks and crude prices,” it adds.

Crude to get boost as refining capacity surges, suggests RBC

The crude oil markets have rallied a bit during the trading session on Monday, as we continue to see a little bit of a recovery in the market.

Crude Oil Price Forecast – Crude Oil Markets Rallied to Kickoff the Week

Oil futures rose early Monday, attempting to build on last week's bounce, as worries around the U.S. banking sector eased.

Oil prices buoyed by optimism around banks

Geopolitical tensions provide support for oil prices, while a strong rebound is unlikely until the banking crisis dissipates.

Crude Oil Prices Steady as Focus Remains on Broader Markets

Crude oil prices fall due to European banking turmoil and concerns over refilling the Strategic Petroleum Reserve.

Crude Oil Prices Settle Lower as European Banking Shares Fall; U.S. Energy Secretary Dampens Demand Prospects

Traders bet that the banking crisis will have a limited impact on demand for oil.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Rebound From Session Lows Amid Rising Appetite For Risk

The crude oil markets have gone back and forth during the trading week, as we continue to look for some type of support

Crude Oil Weekly Price Forecast – Crude Oil Markets Show Choppy Week

The crude oil markets have fallen a bit during the trading session on Friday but have also found a bit of support to bounce back up.

Crude Oil Price Forecast – Crude Oil Markets Continue to Look for a Bottom

Oil prices continued to slip lower on Friday after US Energy Secretary Jennifer Granholm told lawmakers that refilling the country's Strategic Petroleum Reserve may take several years. Concerns about the health of the banking sector on both sides of the Atlantic also put pressure on oil prices.

Oil prices slide on delayed refill of US reserves

Oil futures slumped Friday, taking back a chunk of this week's bounce, as renewed worries over the U.S. and European banking sectors revived fears of a credit squeeze and an economic downturn.

Oil prices see renewed slump as European bank worries rise

WTI crude oil prices firm despite concerns of oversupply.

WTI Crude Oil Futures Rebound Despite Concerns Over US Strategic Petroleum Reserve Refill Time

Oil prices settled lower on Thursday, with U.S. benchmark prices falling back below $70 a barrel just a day after topping that level for the first time in a week. “The banks are the main driver of oil, and really all risk assets today, as fading confidence in the financial system is reigniting fears that another crisis may be looming after we saw some of the biggest bank failures since 2008 in early March,” said Tyler Richey, co-editor at Sevens Report Research.

Oil futures settle lower, with U.S. prices back below $70 a barrel

Oil traders are taking some profits off the table after the strong rebound.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Pull Back From Session Highs Amid Profit-Taking

Crude oil markets have rallied again during the day on Thursday as we continue to see a bit of a recovery after a massive selloff.

Crude Oil Price Forecast – Crude Oil Markets Rally Again on Thursday

Chevron

Exxon Mobil

Oil rallied through the first half of 2022 and peaked at $123.68 on June 14. The commodity trimmed its gain in the second half but ended the year with roughly a 7% gain as opposed to the losses experienced by most other asset classes.

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