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

Besides the central bank meetings, a gathering on Wednesday of key ministers from OPEC and its and allies led by Russia will also be in focus.

Oil Price Fundamental Daily Forecast – Pressured Ahead of Several Central Bank Rate Hikes

Oil prices steadied in early Asian trade on Tuesday after falling by more than 2% in the previous session on the threat of further interest rate hikes and continued Russian crude flows.

Oil steadies after falling on rate hike worries, Russian crude flows

Oil futures declined on Monday, with U.S. benchmark prices settling at their lowest in about two and a half weeks. Uncertainty surrounds the outlook for demand and production ahead of an expected interest-rate hike by the Federal Reserve and a committee meeting of the Organization of the Petroleum Exporting Countries and their allies, both due Wednesday.

U.S. oil prices settle at their lowest in two and a half weeks

Natural gas markets tested new lows as traders failed to find upside catalysts.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Slide As OPEC+ Cancels Technical Committee's Meeting

Crude oil markets have fallen on Monday, dropping right back into the previous triangle. At this point, we need to determine whether or not there are buyers underneath.

Crude Oil Price Forecast – Crude Oil Markets Continue to See Negativity

Oil futures traded near unchanged on Monday, steadying after last week's decline, as investors awaited expected rate hikes by the Federal Reserve and other central banks.

Oil steadies ahead of expected rate hikes, OPEC committee meeting

Oil was up earlier in the session on Monday amid tensions in the Middle East following a drone attack in oil producer Iran.

Oil Price Fundamental Daily Forecast – Lower as Rate Hike Fears, Russian Supply Offset Middle East Tensions

Oil prices climbed in early Asia trade on Monday, supported by tensions in the Middle East following a drone attack in Iran and as Beijing pledged over the weekend to promote a consumption recovery which would support fuel demand.

Oil climbs after drone attack in Iran, China's pledge to promote consumption

Oil futures ended with a loss on Friday, with U.S. benchmark prices under $80 to settle at their lowest in more than a week. U.S. crude prices had a “little tug-of-war around the $80 a barrel level” until the market knows more about China's reopening momentum, what the Federal Reserve will do to the economy, and what OPEC+ will decide to do with production quotas, said Edward Moya, senior market analyst at OANDA.

U.S. oil prices settle at their lowest in more than week

Natural gas markets remain under pressure ahead of the weekend.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Pull Back From Recent Highs

Crude oil markets initially tried to rally during the trading session on Friday but gave back the initial gains rather quickly as we continue to see a lot of Brownian motion.

Crude Oil Price Forecast – Crude Oil Markets Give Up Early Gains on Russian Supply

Oil futures gave up early gains on Friday to trade more than 1% lower, with U.S. prices falling below the key $80 a barrel mark on an intraday basis. Traders are “looking to book profits ahead of the end of month and taking a safe position” ahead of the an OPEC+ committee meeting and the Federal Reserve's monetary policy decision both on Feb. 1, and the European Union's ban on imports of Russian oil products on Feb. 5, said Phil Flynn, senior market analyst at The Price Futures Group.

Oil futures give up early gains; U.S. prices fall below $80 a barrel

Crude oil markets have pulled back slightly during the trading week, as we are trying to figure out what to do about the recent breakout. At this point, energy markets don't look ready to go anywhere.

Crude Oil Weekly Price Forecast – Crude Oil Markets Pulled Back Slightly

A committee meeting for the Organization of the Petroleum Exporting Countries and their allies next week isn't expected to result in any changes to oil production levels, but attendees will have a lot to discuss as the reopening of China's economy and the European Union's ban on Russian oil products raise uncertainties in the market.

OPEC+ committee meets next week with ample oil uncertainties to discuss

Oil futures edged up again on Friday as traders fixated on improving demand prospects driven by China's economic reopening and expectations that the U.S. economy could achieve a “soft landing” and avoid a recession later this year.

Oil prices climb as U.S. economic hopes brighten; natural gas trades at lowest since 2021

Chevron

The oil company's profit milestone is about one-third higher than its prior peak.

Chevron Rides High Oil Prices to Record $35.5 Billion Annual Profit

Goldman Sachs analyst Nikhil Bhandari said China's reopening could add up to 1.6 million barrels a day of oil demand to the market.

Goldman Sachs sees oil prices heading to $100 a barrel by the third quarter of 2023 amid China reopening

Energy giants are expected to use their windfall profits to reward shareholders with higher dividends and share buybacks.

Big Oil poised to smash annual profit records — sparking outcry from campaigners and activists

Oil prices edged marginally higher on Friday, extending for a second session on strong U.S. economic data and strengthening hope that the reopening of the Chinese economy would boost demand.

Oil prices edge up on strong U.S. economic data, Chinese demand hope

Oil futures finished higher on Thursday, a day after U.S. prices posted a modest rise. “China's reopening is bullish for commodities, full stop,” said strategists at RBC Capital Markets.

U.S. oil futures score back-to-back gains

Oil markets are moving higher as U.S. economic reports signal that the world's leading economy remains in a decent shape.

Natural Gas, WTI Oil, Brent Oil – Natural Gas Tests New Lows After EIA Report

Crude oil markets continue to see a lot of volatility during the day on Thursday, as we continue to look for some type of longer-term direction.

Crude Oil Price Forecast – Crude Oil Markets Continue to Be Very Choppy

Oil futures rose Wednesday, with investors and analysts fixated on prospects for a pickup in crude demand from China after the country shed COVID curbs that were seen curtailing consumption by one of the world's largest energy importers.

Oil higher as traders focus on China; natural-gas extends January fall

Oil prices were up in early Asian trade on Thursday as U.S. crude stocks rose less than expected, while a weaker dollar made oil cheaper for non-American buyers.

Oil edges up as U.S. crude inventories rise less than expected

WTI prices briefly rose by over $1.00 per barrel on Wednesday after the EIA said that U.S. crude inventories rose by 533,000, less-than-expected.

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