Schlumberger

Baker Hughes Co

Halliburton

TechnipFMC

ChampionX

Cactus

Noble Corp PLC

Weatherford International PLC

Transocean

VanEck Vectors Oil Services ETF

OIH tracks a market-cap-weighted index of 25 of the largest US-listed, publicly traded oil services companies.

United States Brent Oil Fund LP

Invesco DB Oil Fund

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

iShares U.S. Oil & Gas Exploration & Production 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 dipped over China's economic concerns, while Saudi Arabia and Russia extended supply cuts by 1.3M barrels, awaiting IEA and OPEC reports.

Oil Prices Forecast: Saudi-Russia Supply Cuts Buoy Oil, But China's Economy Casts Shadow

Oil prices eased in early Asian trade on Monday as economic concerns in China weighed on fuel demand outlook although Brent stayed perched above $90 a barrel, supported by tightening supplies after Saudi Arabia and Russia extended supply cuts.

Oil prices ease but supply cuts keep Brent above $90/bbl

Oil prices hit their highest levels in 2023 last week following an announcement by Saudi Arabia and Russia that they would deepen their previously announced oil production cuts.

Oil prices hit nine-month high as supply concerns mount

This article summarises recent factors affecting the price of crude oil and looks ahead at how the price could move over the next few weeks.

Oil Consolidates After Extension of Production Cuts

Oil prices settled higher on Friday, contributing to a more than 2% weekly gain for U.S. benchmark crude futures. Crude prices continued to trade on “supply-side drivers,” said Edward Moya, senior market analyst at OANDA, with OPEC+ to “keep this market tight going into the winter.

Oil futures end higher for session, contributing to a gain for the week

There are no signs of profit-taking in the oil markets today as traders remain bullish ahead of the weekend.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains 1% As Traders Focus On Tight Supply

Oil prices are the talk of Wall Street at the moment. Indeed, Saudi Arabia and Russia's production cut extension as well as Brent oil's recent nine-day climbing streak have drivers and oil producers alike considering the implications of an imminent hike in fuel costs.

Why Are Oil Prices So High Right Now?

With oil pushing above $85 a barrel, it would be prudent to add energy stocks like Solaris Oilfield Infrastructure (SOI), CVR Energy (CVI) and Helix Energy Solutions Group (HLX).

Oil Rally Hits Speed Bump But Stays Above $85 on Supply Draw

iShares U.S. Oil Equipment & Services ETF

SPDR S&P Oil & Gas Equipment & Services ETF

The wind is at the back of the Oil and Gas-Field Services Industry as it is poised for growth in the coming year, driven by favorable crude pricing and robust demand for oilfield services. The industry comprises companies that play a pivotal role in supporting exploration and production activities.

Time for Oilfield Services ETFs?

Crude oil trading remained relatively tranquil in Friday's session, signaling an imminent shift in market dynamics. Consolidation in both the WTI Crude Oil and Brent markets is the norm.

Crude Oil Price Forecast – Crude Oil Continues to Look Upwards

If your coffee isn't giving you enough of a jolt this morning, just check out this chart from Bank of America.

This oil chart will scare the socks off you

Oil futures rose Friday, on track for strong weekly gains after trading near 2023 highs, as tightening supplies outweighed worries about demand from China and the global economy.

U.S. oil higher after snapping 9-day winning streak

The Fed won't raise interest rates at its next meeting, but could leave the door open for future increases, Mohamed El-Erian said.  A stronger-than-expected US economy and rising oil prices are key reasons why further hikes could be on the table.

The Fed won't raise interest rates this month but rising oil prices could spur a future increase, top economist Mohamed El-Erian says

Despite major crude oil supply cuts, U.S. dollar resurgence and China's recovery fears curtailed bullish trends.

Oil Prices Forecast: China's Economy, Strong US Dollar Fueling Profit-Taking

Oil prices fell for a second session on Friday, weighed down by lingering concerns over slower global demand, but were still headed for a second consecutive weekly gain amid expectations of tightening supplies.

Oil prices ease on demand concerns, still headed for weekly gain

Oil futures settled lower on Thursday, giving back some of the recent gains that lifted prices to their highest levels of the year. “Even though we have seen a good rally in crude recently, we see the energy complex continuing to go higher,” said Tariq Zahir, managing member at Tyche Capital Advisors, “with the recent Saudi news along with Russia extending production cuts until the end of the year.

Oil futures settle lower, easing back after a rally to the year's highest levels

The EIA report showed that U.S. was buying oil for the Strategic Petroleum Reserve despite rising oil prices.

Crude Inventories Decreased By 6.3 Million Barrels

Central bankers like to focus on core inflation readings, which strip out food and energy prices, but that doesn't mean that they, or investors, will be able to ignore a renewed surge in crude-oil prices.

Why crude-oil rally can't be ignored by investors — or the Fed

Crude oil markets have done very little during the trading session on Thursday, as we are starting to run into the possibility of gravity taking over.

Crude Oil Price Forecast – Crude Oil Markets Continue to Hover

The Biden administration is worried that gasoline could rise to $5 a gallon. They could easily counter the pressure immediately by easing sanctions on Venezuela.

US Sanctions Driving Oil Supply Squeeze With OPEC+ Cuts

Oil futures lost ground early Thursday, threating to snap a nine-day winning streak for the U.S. crude benchmark amid a rally that has taken prices to 2023 highs.

Oil prices take a breather after 9-day winning streak pushes crude to 2023 highs

Worries about demand, spurred by falling China trade, are probably to blame for the slight decline after Russia and Saudi Arabia this week pledged to limit production.

Oil Prices Drop After 9-Day Winning Streak

Crude Oil News: U.S. inventories project a drop, signaling tighter supplies and shifting market dynamics.

Oil Prices Forecast: Navigating the Bullish Surge Amid OPEC Production Cuts, US Inventory Drops

Oil prices edged higher on Thursday, after industry data showed U.S. crude oil inventories were expected to have fallen last week, signaling tightening supplies on top of extended production cuts in Saudi Arabia and Russia.

Oil prices edge up on anticipated US crude stock draw

Oil prices could climb well into triple-digit territory by next year if Russia and Saudi Arabia don't unwind their aggressive supply cuts, Goldman Sachs warned its clients.

News for VanEck Vectors Oil Services ETF ETF (OIH)