iPath Pure Beta Crude Oil ETN

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WTI oil drops to $83.30 despite weaker U.S. data; natural gas climbs 0.70%, suggesting bullish momentum.

Natural Gas and Oil Forecast: WTI Slips to $83.30; Bullish Recovery Ahead?

Oil prices fell in early trade on Thursday after U.S. employment and business activity data came in weaker than expected, in signs the economy may be cooling in the world's top oil consuming nation.

Oil prices slip after data points to cooling U.S. economy

Oil markets are moving towards multi-week highs.

Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Gains Ground As Crude Inventories Fall

Gasoline inventories decreased by 2.2 million barrels from the previous week.

Crude Inventories Decline By 12.2 Million Barrels, Missing Analyst Estimates

The crude oil market has shown itself to be strong over the past several days, although the Wednesday session has been a bit of a lackluster session. With the Independence Day holiday and the Non-Farm Payrolls in front of us, this is a market that could see volatility.

Crude Oil Price Forecast – Crude Oil Continues to Look Strong

Even though Hurricane Beryl is predicted to miss most of the offshore oil rigs in the Gulf of Mexico, the U.S. energy industry is on high alert over climate change and the risk of more frequent, more intense storms posing a growing challenge for the market in the future.

Hurricane Beryl puts focus on oil with climate change likely to intensify storms

Gasoline prices are averaging $3.51 per gallon ahead of the Fourth of July, up about 2 cents from last week.

Oil prices hold firm as traders wait on U.S. stockpile data for signs of where demand is heading

Oil futures were trading near unchanged early Wednesday after giving back earlier gains sparked by industry data showing a large drop in U.S. crude inventories.

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

Shrinking U.S. inventories, geopolitical risks, and anticipated strong summer demand create a supportive environment for crude oil prices.

Crude Oil News Today: Underpinned as API Inventory Draw Exceeds Expectations

Natural gas prices dropped to $2.442, down 0.81%, raising questions about a potential bullish reversal amidst inventory drawdowns and Middle East tensions

Natural Gas and Oil Forecast: NG Slips 0.80%; Time for Bullish Bounce?

Oil prices edged higher in early Asian trade on Wednesday after industry data showed a bigger-than-expected draw in U.S. crude stockpiles, boosting hopes of solid fuel demand during the summer driving season in the top oil consuming nation.

Oil prices inch up on large US crude stock draw

Crude oil's rally to 84.64 reversed at key resistance, forming a bearish shooting star pattern and indicating a likely pullback before another breakout attempt.

Crude Oil Price Forecast: Reverses at Key Resistance, Forms Bearish Pattern

Oil traders take some profits off the table near multi-week highs.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back Amid Profit-Taking

Crude oil outlook turns bullish, driven by OPEC+ cuts, summer demand surge, and Middle East tensions. China's recovery crucial for sustained rally.

Crude Awakening: Will Oil Prices Surge Past $95 Before Year-End?

OPEC oil output rose in June for a second consecutive month, a Reuters survey found on Tuesday, as higher supply from Nigeria and Iran offset the impact of voluntary supply cuts by other members and the wider OPEC+ alliance.

OPEC oil output rises for second month in June, Reuters survey finds

U.S. crude oil has hit two-month highs amid fears of war between Israel and Hezbollah, and an early and active hurricane season in the Gulf of Mexico. Gasoline prices have hit $3.50 per gallon average ahead of the Fourth of July Holiday, which is 3 cents higher than last week but still lower than las month.

U.S. crude oil hits two-month high, tops $84 per barrel amid war and hurricane fears

West Texas Intermediate (WTI) crude oil jumped more than 2% to an eight-week high on Monday amid expectations of improving demand over the summer travel months and growing concerns that a regional expansion of the Middle East conflict could cause disruption to global oil supplies.

Watch These Key WTI Oil Price Levels As Chart Signals Possible Breakout

The crude oil outlook is bullish short-term with OPEC+ likely to maintain production cuts until prices exceed $90/barrel.

Crude Oil News Today: OPEC+ Restrictions, Summer Travel Boom Set Bullish Tone

Oil futures rose Tuesday, trading at their highest since late April, with gains tied to expectations for heavy travel around the Independence Day holiday and concerns that powerful Hurricane Beryl could later cause disruptions to offshore crude production in the Gulf of Mexico.

Oil prices extend gains on July 4 travel expectations, Hurricane Beryl worries

Fuel prices dropped for the second consecutive month in June, but both diesel and petrol prices remain higher than the RAC believes they should be.  Petrol prices dropped by 3p to 145p a litre last month, while diesel fell by close to 4p to under 150p, but the automotive service group claimed it was "still too expensive" when compared against wholesale prices.

Fuel prices slow in June, but "still too expensive"

Natural gas dips to $2.46 while WTI nears $83.50, prompting analysts to warn of possible market correction driven by rate cut speculation and storm threats.

Natural Gas and Oil Forecast: WTI Nears $83.50; Bearish Correction Ahead?

Oil prices were little changed on Tuesday, holding near the two-month highs reached in the previous session, on expectations for rising fuel demand from the summer travel season and possible U.S. interest rate cuts that could boost economic growth.

Oil holds near two-month high on higher demand outlook, possible rate cut

Oil prices are supported by strong demand during the summer driving season.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests Multi-Month Highs As Traders Focus On Rising Demand

Oil futures edged higher in Monday dealings, building on a solid June gain as investors weighed the outlook for summer demand and a fifth consecutive drop in the number of active U.S. oil-drilling rigs.

Oil ticks higher to begin July as traders keep eye on demand outlook, drilling activity

The crude oil market continues to see a lot of upward pressure, albeit gradual. This is a market that essentially is a market that is based on the idea of increasing demand over the summer.

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