United States Brent Oil Fund LP

BNO tracks the Brent oil spot price using near-month ICE futures contracts.

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

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

Oil markets rebounded from session lows as traders started to prepare for the OPEC+ meeting, which will take place at the end of the week.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Move Away From Session Lows

Prospects of a U.S. debt agreement boost crude oil prices, but sustainability is questioned amid interest rate concerns and uncertain OPEC+ decisions.

Oil Price Forecast: Early Strength Fueled by Debt Ceiling Deal Optimism

Oil prices rose in early Asian trade on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer.

Oil climbs after US leaders strike provisional debt deal

Currently, I'd say the oil industry outlook is murky at best. In general, the black stuff is closely tied to the economic performance of its largest consumers – the U.S. and China.

Oil Industry Outlook: 3 Things to Expect for the Second Half of 2023

Oil futures climbed on Friday, contributing to a more than 1% weekly gain in U.S. benchmark crude prices. The market saw a sharp decline Thursday on expectations that OPEC+ wasn't likely to cut production at its meeting next month, but “the risk of further sharp falls is being mitigated somewhat by the fact that the markets know the U.S. government is a buyer[of oil] below $70,” as it looks to refill the Strategic Petroleum Reserve, said Michael Hewson, chief market analyst at CMC Markets UK.

Oil futures end higher for the session, with U.S. prices up over 1% for the week

Oil traders cheer progress on debt ceiling negotiations.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Rebound Amid Rising Risk Appetite

The crude oil markets did rally just a bit during the trading week, breaking above the short-term resistance barrier, but it does look like we have a little bit of trouble ahead.

Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to See Signs of Slight Upward Pressure

Crude oil markets have bounced just a bit during the trading session on Friday, as we continue to see a little bit of support underneath.

Crude Oil Price Forecast – Crude Oil Markets Attempt to Recover on Friday

Conflicting OPEC messages, dollar strength, and Fed uncertainty complicate oil price forecasts, while OPEC+ meeting, debt talks shape future prices.

Oil Price Forecast: OPEC+ Meeting, Debt Talks, Fed Policy Creating Uncertainty

Oil prices were roughly unchanged in early trading on Friday, as markets awaited clarity on OPEC and its allies' next oil policy moves after conflicting messages made it hard to predict the outcome of the meeting next week.

Oil steady as markets await clarity on OPEC's next policy move

Oil futures ended lower Thursday after three consecutive session gains. Crude prices weakened as the “king dollar” returned, and after Russia slashed “any Saudi hope of delivering another production cut at the June 4th meeting,” said Edward Moya, senior market analyst at OANDA.

Oil futures mark first decline in 4 sessions

Natural gas prices settled below the $2.35 level as traders reacted to the EIA report.

Natural Gas, WTI Oil, Brent Oil – Oil Dives As Russia Does Not Expect Additional Production Cuts

Crude oil markets pulled back just a bit during the trading session on Thursday, as we continue to see a lot of volatility in the energy markets.

Crude Oil Price Forecast – Crude Oil Markets Pull Back on Thursday

Oil futures lost ground Thursday after a top Russian official played down the prospect of additional production cuts when OPEC+ meets early next month.

Oil prices lower as Russia plays down prospect for additional OPEC+ production cuts

Russia's remarks dampen OPEC+ production cut prospects, but a surprising drop in U.S. crude inventories supports oil prices amidst bearish sentiment.

Oil Price Forecast: Sellers Dominate as OPEC+ Production Cut Hopes Dim

Oil prices fell in early Asian trading on Thursday after uncertainty that the United States will avoid a debt default weighed against the prospect of further OPEC+ production cuts.

Oil prices fall on US debt uncertainty

Oil futures settled higher on Wednesday, finding support after the Energy Information Administration reported a 12.5 million-barrel weekly fall in U.S. crude inventories, the biggest year to date. Meanwhile, analysts said remarks from Prince Abdulaziz bin Salman, Saudi Arabia's energy minister, on Tuesday, warning traders about betting on continued declines in oil prices, hinted at the potential for another output cut by major oil producers.

Oil futures finish higher, buoyed by a hefty weekly decline in U.S. crude supplies

Crude inventories declined by 12.5 million barrels but traders focused on rising domestic production.

Natural Gas, WTI Oil, Brent Oil – WTI Oil Pulls Back As Domestic Production Rebounds

Decreasing U.S. inventories, Saudi warning to speculators, and excessively bearish positions raise prospects of supply constraints and OPEC+ cuts.

Oil Price Forecast: Higher as US Inventories Tighten, Saudi Minister Warns Speculators

Crude oil markets rallied during the trading session on Wednesday, as we have finally broken out of the triangle we see in both markets.

Crude Oil Price Forecast – Crude Oil Markets Plow Higher

Oil futures traded higher early Wednesday, finding support again a day after Saudi Arabia's energy minister warned of pain ahead for short sellers.

Oil prices boosted by falling inventories, Saudi warning to speculators

WTI oil prices rally as gasoline market tightens, with inventories at lowest since 2014, as OPEC+ warns of potential output cuts.

Oil Price Forecast: Big Surge on Tight Gasoline Market, OPEC+ Warning

Oil futures finished higher Tuesday, after Prince Abdulaziz bin Salman, Saudi Arabia's energy minister warned traders about betting on continued declines in oil prices, said Michael Hewson, chief market analyst at CMC Markets UK. “With OPEC+ due to meet in early June, and the market still smarting from the surprise production cut announced in April, there is a risk of another surprise cut in output,” he said.

Oil futures end higher as top Saudi official warns traders against betting on price declines

WTI oil and Brent oil moved towards multi-week highs as some traders were ready to bet on additional production cuts from OPEC+.

Natural Gas, WTI Oil, Brent Oil – Oil Gains Ground As Saudi Oil Minister Warns Speculators

Saudi Arabia's energy minister delivered that stark warning to traders betting on falling oil prices while speaking at an economic forum in Doha Tuesday, Reuters reported. It comes as members of the Organization of the Petroleum Exporting Countries and its allies — known together as OPEC+ — prepare for an early June meeting in Vienna.

News for United States Brent Oil Fund LP ETF (BNO)