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

Earlier this week, Saudi energy minister Abdulaziz bin Salman said oil-producing nations are prepared to lower output to deal with the decline in oil prices.

Crude Oil Prices Climb Above $100 After OPEC Warns Of Output Drop

Traders adjusted their forecast for the EIA's report and are now predicting a 2.4 million barrel draw, up from a 400K draw earlier in the week.

Crude Oil Price Update – Plenty of Room to Upside if EIA Delivers Bullish Crude Inventory News

Brent oil futures consolidated a move back above $100 a barrel on Wednesday, with U.S. crude matching the global benchmark's gains, after Saudi Arabia suggested it might trim output and a report showed falling U.S. oil inventories.

Brent crude holds above $100 a barrel as supply worries fester

Technical chart pattern suggests bullish EIA data could launch strong upside breakout.

Oil Price Fundamental Daily Forecast – Focus Continues on Supply Ahead of EIA Report

Oil prices fell on Wednesday, taking a breather from a nearly 4% surge the previous day on receding fears of an imminent output cut by the Organization of the Petroleum Exporting Countries and allies, a group known as OPEC+.

Oil prices fall as fears of imminent OPEC+ output cut recede

iShares U.S. Oil Equipment & Services ETF

SPDR S&P Oil & Gas Equipment & Services ETF

Energy Select Sector SPDR Fund

Energy-related exchange traded funds rallied Tuesday after Saudi Arabia and some other Organization of Petroleum Exporting Countries hinted that they could curtail crude oil production to help stabilize prices at an elevated level. Among the best-performing non-leveraged ETFs on Tuesday, the SPDR Oil & Gas Equipment & Services ETF (XES) advanced 4.2%, the iShares U.S.

Energy ETFs Jump on Speculation of OPEC+ Output Cuts

Goldman Sachs Physical Gold ETF

Invesco DB Gold Fund

DB Gold Double Long ETN

SPDR Gold Trust

SPDR Gold MiniShares Trust

iShares Gold Trust

iShares Gold Strategy ETF

VanEck Merk Gold Trust

ProShares Ultra Gold

Copper markets remain surprisingly strong despite weak economic data.

Natural Gas Pulls Back After An Unsuccessful Test Of The $10 Level

U.S. oil futures settled at their highest price in more than a week Tuesday as Saudi Arabia raised talk of potential production cuts, while natural-gas prices dropped 5% after reaching 14-year highs amid ongoing concerns over European supplies. Freeport LNG said Tuesday that it plans to restart its liquefaction facility in early to mid-November, later than previously expected -- leading to a further delay of LNG exports.

U.S. oil futures end at highest in more than a week; natural-gas prices drop 5%

Analysts have estimated that a return of Iranian oil would result in a near-term boost of about 1 million barrels a day to the global market.

Oil prices extend gains as OPEC+ eyes production cuts if a revived Iran nuclear deal adds crude supplies to the market

Crude oil markets have rallied a bit during the trading session on Tuesday to break out of a falling wedge. Perhaps this is due to the Saudis “rethinking” the output of crude.

Crude Oil Price Forecast – Oil Markets Break Out a Falling Wedge

Crude oil futures climbed on Tuesday while U.S. natural gas prices traded at a fresh 14-year high as Europe's looming energy crisis impacted prices across the Atlantic.

Oil prices rebound, natural gas lingers at 14-year high as supply worries bite

We could see a short-squeeze if Wednesday's U.S. Energy Information Administration's (EIA) report produces bullish results.

Crude Oil Price Update – Momentum Shifted to Upside Ahead of Today's API Inventories Report

OPEC has a problem with thin futures market liquidity and excessive volatility and they have a plan to possibly fix that.

Oil Price Fundamental Daily Forecast – Ripe for Short-Squeeze but Needs Help from Bullish EIA Data

Oil prices edged up on Tuesday, after Saudi Arabia warned that OPEC could cut output to correct a recent drop in oil futures.

Oil prices rise after Saudi says OPEC could cut output

"In a way, the market is in a state of schizophrenia, and this is creating a type of a yo-yo market and sending erroneous signals," bin Salman said.

Saudi Arabia hints OPEC+ may cut oil production to ease growing dysfunction in global energy markets

Meanwhile, palladium suffered a strong blow and moved below the psychologically important $2,000 level.

WTI Oil Rebounds As Saudi Energy Minister Says OPEC+ May Cut Production

Oil futures declined on Monday but settled off the session's low on renewed worries about tight supplies and production capacity, while natural-gas prices rallied to fresh 14-year highs. The oil market is about as "tight as it's ever been" with spare production capacity at a historic low, said Phil Flynn, senior market analyst at The Price Futures Group.

Oil futures end off the session's low; natural-gas prices rally

OPEC+ nations struggle in raising their oil output, missing July targets even more than what was seen last month.

OPEC+ struggled to raise output in July, missing production targets by nearly 3 million barrels a day, report says

Fed officials are expected to do whatever it takes to drive inflation back to their 2% mandate, even if it means a recession.

Oil Price Fundamental Daily Forecast – Rising Rates, Recession Fears Creating Demand Worries

China is imposing power restrictions in some regions getting hit by a heatwave. Traders see this as bearish for fuel demand.

Crude Oil Price Update – Hovering Just Above Major Support Zone at $88.26 – $81.85

Oil prices fell on Monday, ending three days of gains, on fears aggressive U.S. interest rate hikes may lead to a global economic slowdown and dent fuel demand.

Oil falls on concerns economic slowdown may dent fuel demand

This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron's.

The Oil Surplus Could Persist. Expect Prices to Fall.

Oil futures climbed on Friday, but ended the week with a loss. Data from the Energy Information Administration show "robust demand, while Russia showed its robust ability to find new buyers" for its oil, said Manish Raj, chief financial officer at Velandera Energy Partners.

Oil futures end higher for the session, fall for the week

WTI prices were choppy this week whilst gold was on course for its worst weekly performance in six.

WTI Set for Small Weekly Loss; Gold Falls Amid USD Strength/Higher Yields

Crude oil markets have fallen a bit during the course of the week but have also turned around to form a hammer. We may be setting up for a bounce.

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