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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 past week was the weakest for oil prices in decades, yet may remain bullish on where prices will be headed in 2023.

Analysts Remain Bullish On Oil Prices Despite Looming Headwinds

These energy companies are positioned to thrive under any oil market conditions.

3 Energy Stocks to Buy No Matter What Happens to Oil Prices in 2023

U.S. oil futures pared much of their early Friday gains to finish the session modestly higher, down more than 8% for the week. At the end of what has been a “brutal” week for crude oil, with prices on course for the worst start to the year since the 1990's, “we've seen a modest stabilization in prices in the past couple of days,” said Michael Hewson, chief market analyst at CMC Markets UK.

U.S. oil futures pare gains to finish the week with a more than 8% loss

That's hedge fund manager Pierre Andurand, who said in an interview with Bloomberg that oil prices could top $140 a barrel this year if Asian economies see a full reopening.

Oil market is ‘underestimating' this key factor that may lift oil prices above $140 this year, says a top hedge fund manager

The dollar is down after U.S. Treasury yields fell to a two-week low. A weaker greenback tends to drive up demand for dollar-denominated crude oil.

Oil Price Fundamental Daily Forecast – Steady-to-Better on Weaker Dollar as Fed Rate Hike Fears Ease

Crude oil markets have fallen rather hard during the week, as we are threatening a further breakdown in pricing.

Crude Oil Weekly Price Forecast – Crude Oil Markets Have Rough Week

Energy Select Sector SPDR Fund

Energy futures for crude oil, refined products and natural gas have plummeted in the new year as traders reconsidered near-term worries over cold weather and fears of supply shortages and dumped contracts.

Whiplash: energy markets start 2023 with biggest weekly dive in years

Aggressively raising interest rates will bring the U.S. economy closer to a recession that will likely lead to lower crude oil demand.

Oil Price Fundamental Daily Forecast – Market Could Drop Sharply on Strong NFP Data

Oil futures ticked slightly lower Friday, on track for big losses in a holiday-shortened week as investors fretted over China's COVID wave and uncertainty over the global economic outlook as central banks continue to tighten monetary policy.

Oil slips, on track for big weekly loss

Oil prices rose around 1% on Friday, extending gains from the previous trading session after data showed lower fuel inventories following a winter storm that hit the United States at the year end.

Oil prices extend gains on lower U.S. fuel inventories

U.S. oil futures finished higher on Thursday, recouping some of the losses they suffered during a two-session decline. “It's been a few decades since oil had this bad of a start [to a new year] and energy traders jumped all over the news that the Colonial Pipeline had to halt operations after a leak occurred,” said Edward Moya, senior market analyst at OANDA.

U.S. oil futures end higher after a 2-session drop in prices

Helping to underpin WTI and Brent crude oil is a shutdown of a U.S. fuel pipeline while economic concerns are capping gains.

Oil Price Fundamental Daily Forecast – Losses Limited by US Pipeline Shutdown ahead of EIA Inventories Report

Oil futures rose Thursday, bouncing after suffering a two-day rout to begin 2023 on fears of a global economic slowdown and surging COVID cases in China.

Oil prices bounce after 2-day rout

Crude prices bounced back on the back of a slightly weaker dollar.

Oil Rebounds After Biggest New Year Drop in Three Decades

Oil prices rebounded on Thursday after opening the year down more than 9%, the worst yearly start in over three decades, as investors took advantage of the decline to buy futures on expectations long-term fuel demand will remain steady.

Oil prices rebound after opening the year with steep losses

Higher rates could lift the U.S. Dollar, making commodities priced in the U.S. currency more expensive for foreign buyers of crude oil.

Crude Oil Price Update – Closed on Weakside of Retracement Zone at $74.78 – $76.09

Oil demand will grow as China recovers after ditching strict COVID policies, and the US undergoes only a shallow recession, says Eurasia Group.

Oil will jump 28% in 2023, with another energy crunch set to push prices higher, Eurasia Group says

U.S. oil futures on Wednesday marked their lowest settlement in more than three weeks, pressured by ongoing worries about the outlook for global economic growth, which can lead to lower demand for oil. Data from the Energy Information Administration due out Thursday is also expected to reveal a weekly rise in U.S. crude inventories, with analysts polled by S&P Global Commodity Insights forecasting an increase of 4.5 million barrels, on average.

U.S. oil futures log lowest finish in more than 3 weeks

Natural gas moved towards the $4.20 level. Gold tested resistance at $1865.

WTI Oil Drops 4.5% On Demand Worries

A hawkish Federal Reserve could slow the economy and hamper fuel consumption, putting additional pressure on crude oil prices.

Oil Price Fundamental Daily Forecast – Hawkish Fed Minutes Could Lead to Further Weakness

Oil and coal prices should continue to climb in 2023, given recovering demand in China and emerging markets across the globe, according to UBS. With front-month Brent crude futures currently around US$80 a barrel, the price is forecast by the Swiss investment bank to rise above US$100 in coming months and stand around US$110 at mid-year and year end.

Oil and coal prices forecast to climb in 2023 – UBS

Oil futures fell Wednesday morning, extending a slide that analysts tied to fears over the outlook for global growth and surging COVID cases in China.

Oil extends slide on worries over global growth outlook

The IMF says a third of the global economy will be in recession this year, a bad sign for energy demand.

Oil Prices Fall on Concerns the Global Economy Is Weakening

Oil prices held their ground on Wednesday after tumbling in the previous session as markets braced for minutes from the U.S. Federal Reserve's December policy meeting.

News for VanEck Vectors Oil Services ETF ETF (OIH)