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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

The crude oil markets have broken higher during the trading session on Tuesday, breaking above a neckline in both markets that I follow from an inverse head and shoulders pattern.

Crude Oil Price Forecast – Crude Oil Markets Break Neckline

Hopes that the recent reopening of China's economy will boost fuel demand is underpinning prices.

Crude Oil Price Update – Higher as Traders Bet on China Demand Recovery

Oil futures rose Tuesday as investors assessed data confirming a sharp slowdown in China's economic growth last year, while looking ahead to a pickup in crude demand as the country unwinds its strict COVID-19 restrictions.

Oil ticks higher as investors weigh China demand outlook

The West's top energy firms are expected to rake in a combined record profit of $200 billion from a turbulent 2022 marked by huge volatility in oil and gas prices after Russia's invasion of Ukraine with buoyant earnings likely to roll through 2023.

Big Oil's good times set to roll on after record 2022 profits

China's reopening from its Covid-19 restrictions is expected to be the main driver of increased oil demand this year.

Oil Prices Waver With Eyes on Chinese Demand Outlook

Oil prices fell in early trade on Tuesday as recession fears dominated headlines out of the World Economic Forum's meeting in Davos, draining optimism that stoked the market last week on prospects of a fuel demand recovery in top oil importer China.

Oil prices slip on global recession gloom

Trader reaction to the 50% level at $80.23 is likely to determine the direction of the March WTI crude oil market on Tuesday.

Crude Oil Price Update – Closing Price Reversal Top Indicates Potential Momentum Shift

Oil markets are under pressure as traders focus on rising COVID deaths in China and fear that an increase in Russian seaborne oil exports will put more pressure on prices.

Natural Gas, WTI Oil, Brent Oil – Natural Gas Rebounds From Multi-Month Lows

Crude oil markets pulled back just a bit during the trading session on Monday, at the top of the range they have been carving out. Admittedly, it was also Martin Luther King Jr. Day in the United States.

Crude Oil Price Forecast – Crude Oil Markets Pull Back From Top of Range

Prices are being pressured by a firm U.S. Dollar and fears that the rising numbers of COVID-19 cases in China could cloud prospects for higher demand.

Oil Price Fundamental Daily Forecast – China COVID Deaths Offsetting Last Week's Reopening Optimism

The country increased its import quotas last week, which gave crude a bounce—rising more than 8%.

Oil Prices Ease After Rally on China Reopening

Oil futures marked their highest finish in two weeks on Friday, with U.S. prices posting a gain of more than 8% for the week. China's economic reopening is the “top mover for oil this week, but the good inflation data is also making people more optimistic about the U.S. economy either heading for a soft landing or a mild recession,” said Michael Lynch, president of Strategic Energy & Economic Research.

Oil futures rally by more than 8% for the week

China demand hopes and better-than-expected reports from the U.S. and EU provide material support to oil prices. Natural gas remains under pressure due to warm weather.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Keep Moving Higher

Crude oil markets have rallied during the week, bouncing from the same bottom that we have seen over the last several weeks.

Crude Oil Weekly Price Forecast – Crude Oil Markets Continue Consolidation

Crude oil markets have rallied a bit during the trading session on Friday, as we are hanging around the crucial resistance area just above.

Crude Oil Price Forecast – Crude Oil Markets Pressuring Resistance

Bullish traders are betting on more price gains as traders anticipate a further drop in Russian supply and the normalization in China's fuel demand.

Oil Price Fundamental Daily Forecast – In Position to Post Solid Weekly Gain on Weaker US Dollar

Oil futures rose Friday and were on track for strong weekly gains, lifted by optimism over demand from China as the country lifts its strict COVID-19 curbs and reopens its economy.

Oil heads for big weekly gain on China demand hopes

Oil prices slipped in early trade on Friday but were on track for gains of more than 6% for the week on solid signs of demand growth in top crude oil importer China and expectations of less aggressive interest rate hikes in the United States.

Oil heads for solid weekly gain on China demand hopes

Oil futures tallied a sixth straight session climb on Thursday, their longest streak of gains since February. Prices extended their gains after posting a loss last week, “helped by the weakness in the U.S. dollar and optimism that a more benign inflation outlook will help to mitigate concerns over a sharp slowdown in the coming months,” said Michael Hewson, chief market analyst at CMC Markets UK.

U.S. oil futures log longest streak of session gains since February

Natural gas continues to rebound as forecasts indicate that weather may turn colder from January 23.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Move Higher After CPI Data

Crude oil markets had a slight rally on Thursday, as the CPI numbers in America came out as anticipated.

Crude Oil Price Forecast – Crude Oil Markets Have Slight Rally on Thursday

Oil futures rose early Thursday, finding continued support on optimism over prospects for increased crude demand from China's reopening of its economy after lifting COVID restrictions, while awaiting U.S. inflation figures that will be watched for clues to how aggressive the Federal Reserve will be as it continues to raise interest rates.

Oil prices lifted on China optimism as traders await U.S. inflation data

Morgan Stanley expects the oil market to tighten during the third and fourth quarter of 2023, supported by a recovery in demand prompted by China reopening its borders among other factors.

Tight supply to support oil prices in H2, Morgan Stanley says

Lower inflation should drive down Treasury yields and the U.S. Dollar, making dollar-denominated WTI crude oil more attractive to foreign buyers.

Crude Oil Price Update – Favorable US CPI Data Could Trigger WTI Surge into $80.23

Oil prices rose in early trade on Thursday, building on gains in the previous session as China's demand outlook improves and concerns rise over the impact of sanctions on Russian supply.

News for VanEck Vectors Oil Services ETF ETF (OIH)