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

Brent crude oil prices have dropped to $83.95 per barrel on Thursday, marking the lowest level in seven weeks. This decline follows recent US statistics indicating a significant increase in crude oil inventories and production. According to the Department of Energy, inventories rose by 7.30 million barrels last week, contrary to the forecasted decrease of 2.3 million barrels. Additionally, February's oil production escalated to 13.15 million barrels per day from January's 12.58 million, the most substantial monthly increase in three and a half years.

Brent Crude Oil Hits Seven-Week Low

The oil market has been rather negative over the last few days, and as a result we are now looking into whether or not we have buyers in a very important region.

Crude Oil Price Forecast – Oil Continues to Look For Buyers

The allegations come as Exxon Mobil struck an agreement with antitrust enforcers not to add the former Pioneer CEO to its board, allowing Exxon to close a deal to acquire Pioneer.

FTC Says Ex-Pioneer CEO Tried to Collude With OPEC on Oil Prices

Exxon Mobil

The sale of ExxonMobil's Nigerian petroleum assets to Seplat could be approved in less than two weeks, Nigeria's oil regulator told Reuters on Thursday.

Nigeria could sign off on Exxon oil asset sale to Seplat within weeks - NUPRC

Oil prices are under pressure from rising inventories, softening demand and higher for longer interest rates.

U.S. crude oil bounces after hitting seven-week low on surging U.S. inventories

The world's longest heated oil pipeline faces challenges from forest fires to deadly snakes. But funding is the biggest worry.

Inside a $10 Billion Bet on the World's Longest Heated Oil Pipeline in the 'Pearl of Africa'

Oil futures rose early Thursday, attempting to bounce back a day after data showing a jump in U.S. crude inventories sparked the steepest one-day selloff since early January.

Oil prices bounce after crude sees biggest drop since early January

OPEC and its allies have yet to begin formal talks on extending 2.2 million barrels per day of voluntary oil output cuts beyond June, but three sources from OPEC+ producers who have reduced production said they could extend if demand fails to pick up.

OPEC+ could extend oil cuts, formal talks yet to start, sources say

Oil rebounds from losses, buoyed by U.S. reserve plans amid steady rates and Middle East ceasefire hopes.

Crude Oil News Today: Prices Jump on US Strategic Reserve Replenishment Plans

With USOIL trading above its pivot point at $80, analysts eye potential upward trends against a backdrop of strategic reserve replenishments

Natural Gas and Oil Forecast: USOIL Eyes $80 Amid Potential Bullish Reversal

Oil prices rose on Thursday on the prospect the U.S. may start buying crude for its petroleum reserve, after prices sank to a seven-week low on hopes for an Israel-Gaza ceasefire, doubts about U.S. interest rate cuts and swelling oil inventories.

Oil prices pick up on prospect of US replenishing strategic reserve

Crude inventories increased by 7.3 million barrels, compared to analyst consensus of -2.3 million barrels.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 2.9% As Crude Inventories Rise

Commercial crude oil stockpiles rose by 7.3 million barrels last week, after analysts had predicted a 1.5 million barrel decrease.

U.S. Crude Oil Inventories Post Big Build Amid Lower Refinery Runs

A raft of data has demonstrated that inflation is proving stubborn, consumer confidence is falling, and the U.S. economy is growing more slowly than expected.

U.S. crude oil falls for third day, dips below $81 ahead of Fed decision, Gaza cease-fire talks

Oil futures were down for a third straight day early Wednesday after industry data pointed to an unexpected rise in U.S. crude inventories and investors continued to monitor negotiations for a cease-fire between Israel and Hamas.

Oil prices fall after industry data points to rise in U.S. crude inventories

Multiple geopolitical and economic factors are contributing to the bearish sentiment in the oil market.

Crude Oil News Today: Ceasefire Talks, Rising US Inventories Weigh on Prices

After 12 years and C$34 billion ($24.7 billion), Canada's Trans Mountain pipeline expansion project (TMX) is set to start shipping oil on Wednesday, a major milestone expected to transform access to global markets for the country's producers.

Canada's long-delayed Trans Mountain oil pipeline set to start operations

Amid Middle East ceasefire optimism and a surge in U.S. production, oil prices continue their downward trend, challenging market stability.

Natural Gas and Oil Forecast: US Output Surge Pressures Prices; Sell Now?

Oil prices fell for a third day on Wednesday on rising crude inventories and production in the U.S., the world's biggest oil consumer, along with increasing hopes of a ceasefire agreement in the Middle East.

Oil falls for a third day as U.S. crude inventories swell

Ceasefire talks will have no impact on Israel's decision to fight against Hamas in Rafah.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows As Netanyahu Says Rafah Operation Is Inevitable

OPEC oil output has fallen in April, a Reuters survey found on Tuesday, reflecting lower exports from Iran, Iraq and Nigeria against a backdrop of ongoing voluntary supply cuts by some members agreed with the wider OPEC+ alliance.

OPEC oil output falls in April led by Iran, Iraq, survey finds

The crude oil markets continue to look for some kind of direction, as we are essentially in the middle of the larger consolidation area in both grades that I deal with.

Crude Oil Price Forecast – Crude Continues to Chop

Crude oil futures moved slightly higher after Israel Prime Minister Benjamin Netanyahu dismissed hopes of a proposed hostage deal would prevent a Rafah attack.

Oil prices edge higher as Netanyahu says Israel will attack Rafah with or without hostage deal

Oil futures edged higher Tuesday morning, consolidating after a slump in the previous session, which was tied to cease-fire talks between Israel and Hamas that damped fears of a wider conflict that could threaten crude supplies.

Oil prices consolidate after slumping on Israel-Hamas cease-fire talks

The crude oil market remains cautiously bearish, influenced by potential ceasefire agreements and pivotal Fed decisions impacting the economy.

News for Invesco DB Oil Fund ETF (DBO)