United States Oil Fund LP

USO holds predominantly short-term NYMEX futures contracts on WTI crude oil.

United States Brent Oil Fund LP

Invesco DB Oil Fund

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

iShares U.S. Oil & Gas Exploration & Production ETF

VanEck Vectors Oil Services ETF

iPath Pure Beta Crude Oil ETN

Invesco Dynamic Oil & Gas Services ETF

ProShares Ultra Bloomberg Crude Oil

SPDR S&P Oil & Gas Exploration & Production ETF

Oil prices fell in early trade on Wednesday after industry data showed a big build in U.S. crude inventories, rather than the decline forecast by analysts, reinforcing fears about weakening demand even as supply tightens.

Oil prices slip on surprise build in U.S. crude stocks

"The charts, as interpreted by Carley Garner, suggest that the oil speculators have been mostly wiped out, so it's time to buy the dips," he said.

Charts suggest it's time to buy the dips in oil, Jim Cramer says

U.S. oil futures rallied Tuesday to mark their highest finish in more than a week. The oil market is “getting a cold slap in the face as the market prepares for what potentially could be one of the coldest of cold snaps in decades,” said Phil Flynn, senior market analyst at The Price Futures Group.

U.S. oil futures up 3% to highest finish in over a week

OPEC slashed its growth forecast for the first quarter on Tuesday, citing global headwinds that will require "vigilance and caution" from member countries.

OPEC slashes oil demand outlook on global economic uncertainty after earlier predictions of supply shortfalls

The crude oil markets have rallied a bit during the trading session on Tuesday as the CPI numbers in America came out cooler than anticipated.

Crude Oil Price Forecast – Crude Oil Markets Rally After CPI

The Organization of the Petroleum Exporting Countries on Tuesday left its forecasts for growth in oil demand this year and next unchanged. OPEC, in its monthly report, expects demand to grow by 2.5 million barrels a day in 2022 and by 2.2 million barrels a day in 2023, unchanged from its November forecast.

OPEC leaves forecasts for oil-demand growth unchanged in 2022 and 2023

The group's latest forecasts suggest it sees little reason to expect Russian crude-oil production to be badly hit by the latest Western sanctions targeting Russia's oil revenues.

OPEC Keeps Oil Supply Forecasts Steady Despite Russian Oil-Price Cap

As 2022 wraps up, one of the few assets that for a while was generating a positive return is now stuck with stocks and bonds in negative territory. Crude oil futures CL.1, +1.97% , which reached over $130 in March, are now around $74.

Oil has crashed more than 40% from its peak. Here's how, and why, one trader is getting back in.

Oil futures rose Tuesday, finding support as the Keystone pipeline remained closed and investors gauged a potential boost to demand from China's loosening of COVID-19 curbs.

Oil extends bounce as supply worries rise

Crude prices are up for a second day, but remain 15% down over the past month.

Oil Advances on Supply Concerns as Keystone Pipeline Stays Shut

Expectations are that the Keystone pipeline closure will cause U.S. crude inventories to decline by perhaps 3.9 million barrels in the week to Dec. 9.

Oil Price Fundamental Daily Forecast – US Pipeline Closure Adds to Concerns Over Potential Supply Tightness

Oil prices rose for a second day on Tuesday as a key pipeline supplying the United States, the world's biggest crude consumer, remained shut and on expectations loosening COVID restrictions in China, the second-biggest user globally, will boost demand.

Oil rises on U.S. supply concerns, hopes for returning China demand

U.S. oil futures finished higher on Monday, finding support as supply concerns resurfaced. “Recession or not, people still need to fill their gas tanks,” so trading sentiment has shifted from macro factors to supply concerns, said Manish Raj, chief financial officer at Velandera Energy Partners.

U.S. oil futures settle 3% higher on supply worries

Brent crude could climb if depending on a Federal Reserve policy pivot, and how effectively China can reopen its economy, analysts wrote Monday.

The 2 factors that could send oil prices 23% higher over the next year, according to Bank of America

Natural gas rallied towards the $6.80 level. Gold pulled back towards the support at $1785.

WTI Oil Rebounds Above The $73 Level

Crude oil markets have done very little during early trading on Monday, as it looks like we are trying to figure out where to go next.

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

"Essentially, I guess it will be more difficult for Russia to find a market for all these barrels, and that means lower Russian production," a UBS analyst aid.

Oil prices could top $100 next year thanks to Russia's struggle to find buyers and China's reopening, a UBS analyst says

"China reopening will be very, very bullish for oil markets," Energy Aspects' Amrita Sen said, predicting WTI crude oil to soar into the triple digits.

Oil prices will rocket to $100 on the back of China's easing of its COVID-19 lockdown policies, Energy Aspects' Amrita Sen says

Global oil benchmark Brent could rebound and quickly rise past $90 per barrel on the back of a dovish pivot in the U.S. Federal Reserve's monetary policy and a "successful" economic reopening by China, Bank of America (BofA) Global Research said.

Brent could quickly top $90/bbl on Fed pivot, China demand recovery - BofA

Oil futures ticked lower Monday, despite the continued shutdown of a major North American pipeline and China's loosening of COVID-19 curbs, as worries remained over the demand outlook for crude.

U.S. oil benchmark slides toward $70 a barrel

One catalyst behind the early selling pressure is concern that an aggressive Fed will raise rates too high and trigger a U.S. recession.

Crude Oil Price Update – Sellers Driven by Fed Rate Hike Concerns, Recession Fears

Oil prices rose more than 1% in early Asian trade on Monday as a key Canada-United States crude pipeline stayed shut while Russian President Vladimir Putin threatened to cut production in retaliation against a Western price cap on Russian oil exports.

Oil prices climb on uncertainty over Keystone pipeline restart, Russian supplies

An aggressive Fed response to hot CPI data could push the U.S. economy into recession, which would do serious damage to crude oil demand.

Oil Price Fundamental Daily Forecast – Bearish as Focus Shifts to CPI Data, Fed Policy, US Recession

Goldman Sachs Physical Gold ETF

GraniteShares Gold Shares

Invesco DB Energy Fund

Invesco DB Precious Metals Fund

Invesco DB Gold Fund

VanEck Vectors Gold Miners ETF

SPDR Gold Trust

Credit Suisse X-Links Gold Shares Covered Call ETN

SPDR Gold MiniShares Trust

Aberdeen Standard Precious Metals Basket Trust

iShares Gold Trust

iShares Gold Strategy ETF

iShares Gold Trust Micro

FT Cboe Vest Gold Target Income ETF

iPath Series B Bloomberg Energy Subindex Total Return ETN 

iPath Series B Bloomberg Precious Metals Subindex Total Return ETN

ProShares K-1 Free Crude Oil Strategy ETF

UBS London ETRACS S&P GSCI Crude Oil Total Return Index ETN 2016-22.2.46 Lkd to S&P GSCI Crude Oil TR Idx Series B

VanEck Merk Gold Trust

Pacer iPath Gold Trendpilot ETNs

Sprott Physical Gold Trust

Aberdeen Standard Gold ETF Trust

United States 12 Month Oil Fund LP

Credit Suisse X-Links Crude Oil Shares Covered Call ETN

Energy Select Sector SPDR Fund

Exxon Mobil

I am structurally bullish on gold and oil with a multi-year timeframe. Between the two, gold likely has the advantage fundamentally and in terms of current momentum over the next 6-12 months.

Gold Vs. Oil In 2023

TC Energy's Keystone pipeline shut down after leaking 14,000 barrels of oil in a creek in Kansas. Keystone usually brings 600,000 bpd to US refineries.

News for United States Oil Fund LP ETF (USO)