ConocoPhillips

EOG Resources

Marathon Petroleum

Phillips 66

Hess

Diamondback Energy

Texas Pacific Land Trust

Valero Energy

Devon Energy

iShares U.S. Oil & Gas Exploration & Production ETF

IEO tracks a market cap weighted index of companies in the U.S. oil and gas exploration and production space according to Dow Jones.

United States Brent Oil Fund LP

Invesco DB Oil Fund

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

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

Oil prices fell on Friday after data showed U.S. employment increased less than expected in August, and were on track for a heavy weekly loss as demand concerns outweighed a delay to supply increases by OPEC+ producers.

Oil falls on US jobs data, set for big weekly drop

After hitting a new trend low of $69.37, crude oil faces increasing downward pressure, with key support at $69.18 and potential for further losses toward $67.82 and beyond.

Crude Oil Price Forecast: Hits Support but Bearish Momentum Remains

Oil traders remain bearish despite the delay in OPEC+ production hike.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats From Session Highs As Traders Focus On EIA Data

OPEC+ has agreed to delay a planned oil output increase for October and November, the producers group said on Thursday after crude prices hit their lowest in nine months, adding that it could further pause or reverse the hikes if needed.

OPEC+ agrees to delay October oil output hike for two months

On Wednesday, Citi stated that if OPEC+ doesn't cut production further, the average price of oil could fall to $60 per barrel in 2025, driven by reduced demand and increased supply from non-OPEC countries.

Citi Says Oil Prices Could Plunge Below $60 Amid Market Uncertainty

The agreement means that the market is less worried about oversupply heading into the fall.

OPEC's Production Pause Halts Oil's Slide

EIA natural gas storage build of +13 Bcf missed analyst estimates.

Crude Inventories Decline By 6.9 Million Barrels

Members of the OPEC+ oil alliance have delayed plans to hike production by a scheduled 180,000 barrels per day in October, according to two OPEC+ sources, who could only speak anonymously due to the sensitivity of talks. The increases were part of a plan to gradually return a broader 2.2 million barrels per day to the market over the following months.

OPEC+ members delay plans to hike production by two months after oil price slump

The oil market continues to see selling pressure, as we are trying to sort out whether or not the bottom will hold. The market has been range bound for some time now, and we are at extreme lows, and testing a potential break down of the overall trend.

Crude Oil Price Forecast – Crude Oil Continues to Drift Lower

Natural gas futures test key pivot at $2.145, with EIA report expected to spark volatility. Mild weather limits demand, but LNG exports provide price support.

Natural Gas News: Futures Test Key Pivot at $2.145 as Market Awaits EIA Storage Report

The U.S. benchmark has shed more than 5% this week, while the Brent global benchmark is down 7.2%. Crude oil futures have lost all gains for the year.

U.S. crude oil trades above $69 per barrel after two straight days of losses

Oil futures rose Thursday, attempting to get their footing after falling to their lows of 2024 on fears of an economic slowdown.

Oil prices attempt bounce off 2024 lows after inventory drop as traders watch OPEC+

OPEC+ is nearing an agreement to delay an oil output increase scheduled to start in October after oil prices hit their lowest in nine months, two sources from the producer group told Reuters on Thursday.

OPEC+ nearing agreement to delay oil output hike, sources say

Oil prices rise as U.S. crude inventories plunge and OPEC+ considers delaying output hikes. Read the latest on demand concerns and price forecasts.

Oil News: Crude Prices Stabilize on U.S. Inventory Drop as OPEC+ Weighs Supply Delay

Signs of weaker oil demand have pulled prices for the commodity to their lowest levels of the year, complicating plans by major oil producers to increase crude production in the fourth quarter.

Why it's ‘practically impossible' for OPEC+ to boost oil output now

The iShares U.S. Oil & Gas Exploration & Production ETF is heavily exposed to oil prices, with 75.5% of assets in E&P stocks. Macro concerns include China's struggling economy and US industrial hesitation, impacting oil demand and economic confidence. Demand-side factors are crucial as OPEC+ supply cuts roll back, with geopolitical tensions adding uncertainty to oil prices.

IEO: Following Macroeconomic Threads Makes Us Wary Of Oil

OPEC+ delays and a strong U.S. dollar impact oil prices. Market sentiment remains bearish with key resistance levels posing challenges for further upside.

Natural Gas and Oil Forecast: Will OPEC+ Delay Boost Oil Prices Amid Bearish Trends?

Oil was attempting to hold its line in early trade on Thursday after an overnight sell-off, as players grappled with weak demand alongside a possible delay to more supply entering the market next month.

Oil steady as investors weigh weak demand, potential delay to OPEC+ output hike

Oil traders stay focused on the recent economic data from the U.S. and China.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Lows On Demand Worries

Oil prices fell on Wednesday after OPEC+ sources said that it was talking about holding back a plan to boost output in October due to concerns over demand and production possibly coming back to Libya.

Oil Prices Retreat As OPEC+ Discusses Delay In Production Hikes

The cartel and its allies will determine whether oil prices climb or fall, depending on delegates decide to extend output reductions.

Only OPEC Can Stop the Oil Slide

If producer group OPEC+ doesn't reduce production further, the average price of oil could drop to $60 per barrel in 2025 due to reduced demand and increased supply from non-OPEC countries, Citi said in a note on Wednesday.

Citi says 2025 oil prices could average $60/bbl without deeper OPEC+ cuts

In 2023, the U.S. produced more oil than any country in history. This comes as fossil fuel and renewable energy subsidies face scrutiny.

Fracking led the U.S. to pump more oil than any country in history — here's what that means for the green energy transition

United States Copper Index Fund

iPath Bloomberg Copper Subindex Total Return ETN

Market Concerns Over Recession Lead To Sharp September Declines

Are Copper And Oil Telling Us Something?

Oil prices are slightly higher on a report that OPEC+ could delay increasing production. The U.S. benchmark hit a nine-month low of $69.19 earlier in the session after plunging more than 4% on Tuesday.

News for iShares U.S. Oil & Gas Exploration & Production ETF ETF (IEO)