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

So far traders have not driven up the price of oil after this past week's drone attack on U.S. forces in Syria. But as Middle Eastern tensions rise, so too does the risk premium.

Geopolitics and Oil: How Much Risk?

Crude oil markets have fallen during the week as we continue to see a lot of volatility. However, there is a massive amount of support just below that I do think comes into the picture and gets markets moving.

Crude Oil Weekly Price Forecast – Crude Oil Markets Plunge

The strong rebound in Treasury yields puts additional pressure on oil markets.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Amid Signs Of De-Escalation In The Middle East

You can see that we have a lot of downward pressure in the crude market during the day as it looks like inflation is going nowhere in the United States.

Crude Oil Price Forecast – Crude Continues to Fall Towards Support Below

Oil futures were little changed early Friday, leaving them on track for weekly declines after a selloff the previous session sparked by news reports citing Qatari officials that indicated an Israel-Hamas ceasefire and hostage deal were imminent.

Oil prices on track for weekly drop

As geopolitical tensions and economic forecasts sway the markets, Natural Gas eyes a crucial $2.0397 level, while Oil prices find solace in OPEC+ stability.

Natural Gas and Oil Analysis: Navigating OPEC+ Stability and Fed's Economic Signals

The bloc will wait to decide whether to extend the cuts until March, Reuters reported, citing unidentified people close to the discussions.

Oil Prices Gain on Report OPEC to Maintain Voluntary Output Cuts

OPEC+'s cuts, Fed's rate policy, and Israel-Hamas ceasefire crucially shape a bullish crude oil market in 2024, influencing demand and prices.

Oil Prices Forecast: Unconfirmed Israel-Hamas Ceasefire to Impact Oil Volatility

Oil prices rose in early trade on Friday following a decision by OPEC+ to keep its oil output policy unchanged, clawing back some losses from the previous trading session triggered by unsubstantiated ceasefire reports between Israel and Hamas.

Oil prices gain after OPEC+ maintains output cuts

The potential cease-fire deal will reduce the risk premium for oil, which is bearish for oil markets.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives As Qatar Says Israel Has Agreed To A Cease-Fire

Crude oil markets have kicked off the Thursday session to the upside as we continue to see support near the 50-Day EMA in both grades of crude that I follow.

Crude Oil Price Forecast – Crude Oil Continues to Show Signs of Support

The oil market faces a powder keg of factors — from violence in the Middle East and shipping disruptions in the Red Sea, to worries about demand. Any of these could lead to an upward shift in the commodity's disappointing performance over the last several months.

‘Fear alone is not enough' to drive oil prices higher. Here's why.

Oil futures moved higher early Thursday after ending January with the first monthly gain since September, while traders kept an eye on U.S. production outages and monitored tensions in the Middle East.

Oil prices nudge higher after first monthly gain since September

Kinder Morgan

There is, without question, an energy transition taking place as renewable power becomes more prevalent. There are definite losers in the energy sector, but oil and natural gas won't likely be on the list.

Oil Stocks Aren't Going to Be Disrupted Anytime Soon. Here's Why You Can Buy.

The U.S. Dollar's surge, following the Fed's hawkish remarks late Wednesday, is currently capping gains in crude oil futures.

Oil Prices Forecast: Hawkish Fed, Strong Dollar, Surprise Inventory Rise Weigh

Global oil prices climbed in early trade on Thursday, supported by signals from the U.S. Federal Reserve on a possible start to rate cuts and as China unveiled new support measures for its embattled property market.

Oil edges up on U.S. Fed rate signals, China property sector support

Oil traders are worried that China's demand for oil may be weaker than previously expected.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As China's Manufacturing Sector Remains Under Pressure

OPEC oil output in January registered the biggest monthly drop since July, a Reuters survey found, as several members implemented new voluntary production cuts agreed with the wider OPEC+ alliance and unrest curbed Libyan output.

OPEC oil output falls in January on new cuts, Libya - survey

Crude oil markets look likely to break out at this point, and therefore, I like the idea of buying every dip. I think that might be the play for most of the year, but it will be very noisy.

Crude Oil Price Forecast – Crude Oil Continues to Look Likely to Break Out

IMF optimism and Middle East tensions elevate oil prices, signaling potential market shifts. USOIL and UKOIL see support from expected inventory drawdowns.

Natural Gas and Oil Analysis: EMAs Support Oil, IMF & Mid-East Tensions Stir Markets

Oil futures edged lower early Wednesday as investors awaited official data on U.S. crude inventories and weighed concerns over the global demand outlook versus the threat of an escalation of Middle East tensions.

Oil prices edge lower on demand worries ahead of data on U.S. crude inventories

China's economic challenges and OPEC's optimism influence crude oil market, with eyes on U.S. government inventories data.

Oil Prices Forecast: China's Economic Woes Weigh Ahead of EIA Stockpiles Report

Oil prices edged off in early Asian trading on Wednesday on continued bearish fundamentals, following gains in the previous session amid an escalating conflict in the Middle East.

Oil ticks down in Asian trade despite rising Middle East tensions

Rising tensions in the Middle East provide additional support to oil markets.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As IMF Raises 2024 Growth Forecast

Global tensions have oil traders on edge, and short-lived upward price spikes are possible, but supply and demand will rule the day. Crude oil prices will likely head lower in 2024.

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