Invesco Capital Management LLC - Invesco Short Term Treasury ETF

Invesco DB Oil Fund

DBO tracks an index of crude oil futures contracts. It optimizes its contract selection based on the shape of the futures curve to minimize contango.

United States Brent Oil Fund LP

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

Gasoline inventories declined by 0.6 million barrels from the previous week.

Crude Inventories Fall By 6.4 Million Barrels

The crude market is one of the most difficult ones to grasp at the moment, as it seemingly is moving on to the latest headline, rumor, or even false headline out of the Middle East.

Crude Oil Price Forecast – Crude Continues to Move on Headlines

Global natural gas prices will come under pressure through the end of the decade as supply and shipping infrastructure grow rapidly, particularly in Qatar and the U.S., J.P. Morgan said in a report.

Pressure on gas and LNG prices to help switch from coal, says J.P. Morgan

Traders are waiting for the latest U.S. petroleum inventory data with the market's focus shifting back to supply and demand fundamentals.

U.S. crude oil pulls back below $83 a barrel as brief rally stalls out

Oil prices were steady on Wednesday morning, with Brent marginally lower, near $87 a barrel, after climbing 1.6% in the previous session. West Texas Intermediate hovered around $83 per barrel as investors awaited the release of the official data on U.S. oil and product stockpiles due at 10:30 a.m.

Oil prices hold steady ahead of weekly U.S. crude stockpile data

Big energy analytics and advisory firm Enverus reports this week that oil and gas upstream mergers and acquisitions reached a new first quarter high over the initial three months of 2024. In a release sent out Tuesday, report author Andrew Dittmar, Principal Analyst at Enverus Intelligence Research (EIR), says M&A activity for Q1 2024 totaled to more than $51 billion in deal value.

Oil And Gas Mergers Hit Record Q1 Levels In 2024

After going untapped for decades, the Biden Administration drew down the Strategic Petroleum Reserve by almost 300 million barrels during the pandemic when demand recovered faster than expected and OPEC+'s quotas led to the market tightening and higher prices (see figure). Most of the draw occurred when prices were above $80 but given that the maximum draw was about 1 mb/d for five months, while OPEC+ had somewhere around 4 mb/d of spare capacity, it could be argued that the draw was unnecessary.

Don't Use The SPR To Manipulate Oil Prices

Technology advances are making it possible for U.S. shale oil and gas companies to reverse years of productivity declines, but the related requirement to frontload costs by drilling many more wells is deterring some companies from doing so.

New technology helps US shale oil industry start to rebuild well productivity

Crude Oil struggles post-inventory drop; U.S.-Europe economic disparities and forecasted rate cuts may lift demand.

Crude Oil News Today: Prices Dip Despite API Inventory Surprise, EIA on Tap

Following a surprising decrease in U.S. crude inventories, oil prices have ticked higher, with ongoing geopolitical tensions influencing future forecasts

Natural Gas and Oil Forecast: US Stock Decline Spurs Price Surge; Buy Today?

Oil prices rose in early trade on Wednesday, adding to gains in the previous session, after industry data showed a surprise drop in U.S. crude stocks last week, a positive sign for demand, and attention shifted away from hostilities in the Middle East.

Oil prices inch up after data shows unexpected drop in U.S. crude stocks

Oil traders bet on a more dovish Fed after weaker-than-expected U.S. PMI reports.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds On Rate Cut Hopes

The Russian economy ministry has downgraded its forecasts for the country's crude oil export prices for the next three years to $65 per barrel, according to an updated outlook seen by Reuters on Tuesday.

Russia cuts oil price forecast to $65 per barrel in 2024-27

U.S. oil and gas deals hit a record $51 billion in the first quarter, a continuation of last year's fierce merger pace centered in the top U.S. shale field, data provider Enverus said on Tuesday.

US oil and gas M&A hits quarterly record after blockbuster 2023

The Tuesday session has been all over the place in the oil markets, as we continue to see a lot of uncertainty as to where we are going.

Crude Oil Price Forecast – Crude Oil Continues to Be Volatile

The House of Representatives passed legislation over the weekend that would broaden sanctions against Iran's oil exports

U.S. crude oil nears $81 a barrel as market brushes off looming Iran oil sanctions

Oil prices were edging lower on Tuesday morning, with Brent futures retreating below $87 a barrel after posting its lowest finish in nearly a month in the previous session.

Oil prices remain at more than 3-week low as Iranian crude supply concerns ease

Poland's oil refiner Orlen cancelled oil and tanker charter contracts put in place by its Swiss trading unit to buy crude in Venezuela as tankers weren't loading and a U.S. sanctions window was about to close, a company manager said on Tuesday.

Poland's Orlen scraps deals to buy Venezuelan oil after heavy losses - source

Light Crude rebounding amid European growth and US sanctions tightening on Iranian exports.

Crude Oil News Today: Stable Amid Geopolitical Tensions, Strong Euro Zone Data

Despite eased Iran-Israel tensions, oil markets find strength in reduced supply from Russia and robust U.S. fuel demand as spring approaches

Natural Gas and Oil Forecast: Ascending Trendline Support Oil; Buy Now?

Oil prices edged higher in early Asian trading on Tuesday, reversing losses from the previous session, as investors continued to assess the risk from geopolitical concerns in the Middle East.

Oil rises in early Asian trading, Middle East tensions remain in focus

Oil markets are mostly flat at the start of the week.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Stabilizes As Traders Wait For Catalysts

Amid geopolitical tensions in the Middle East, oil has been reaching new highs. But despite a recent price retreat, bullish momentum could still remain for a pair of ETFs.

Oil Retreats, But Bullish Momentum Remains for These ETFs

The crude oil markets continue to see a lot of people trying to sort themselves out.

Crude Oil Price Forecast – Crude Oil Continues to Show Uncertainty

Brent crude oil prices fell to a four-week low of 86.50 USD on Monday, influenced by several contributing factors. The primary cause of the decline was a reduction in geopolitical tensions as Iran's rhetoric toward Israel showed signs of de-escalation. This change is significant given that Iran is the third-largest OPEC oil producer, with substantial exports to China and other countries, making stability in the region crucial for global oil markets.

News for Invesco DB Oil Fund ETF (DBO)