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

Saudi Arabia unilaterally cuts production to make up for increase in Russian output and maintain price stability. The move was applauded by the market but is a sign of weakness for the Saudis and OPEC.

Oil Market Bulls Feast On Free Lunch Served Up By Saudi Arabia

Brent crude oil could surge to $65 per barrel by the end of 2021, even as near-term demand is set to be weak due to rising COVID-19 infections, Goldman Sachs said in a note on Tuesday. A move to $65 would represent potential upside of 21% as of Tuesday's close. Brent traded up as much as 1% in Wednesday trades, extending its two-day surge to as much as 7%. The initial rally was sparked by Saudi Arabia's surprise decision to cut its oil production by 1 million barrels per day throughout February and March.

Oil will surge 21% this year even as spiking COVID-19 infections hamper near-term demand, Goldman Sachs says

Oil futures climbed on Wednesday, with U.S. prices settling above $50 a barrel for the first time since last February, buoyed by a fourth straight decline in U.S. crude inventories, as well as Saudi Arabia's decision to cut its output by an additional 1 million barrels per day starting next month. February West Texas Intermediate crude rose 70 cents, or 1.4%, to settle at $50.63 a barrel on the New York Mercantile Exchange.

U.S. oil futures settle above $50 for the first time in 11 months

Oil futures headed higher on Wednesday after the Energy Information Administration reported that U.S. crude inventories fell by 8 million barrels for the week ended Jan. 1. That compared with the decline of 1.2 million barrels forecast by IHS Markit analysts.

Oil futures head higher after EIA reports an 8 million-barrel weekly drop in U.S. crude supplies

Goldman Sachs sees demand rebounding by March, with the arrival of warmer weather and increased vaccinations.

Oil prices expected to struggle despite Saudi cuts, but Goldman is more bullish than most

The WTI crude oil contract has shaken off pandemic headwinds but is still mired in a long-term downtrend.

Crude Oil Above $50 for the First Time in 10 Months

Oil futures edge lower Wednesday, puling back from an 11-month high set a day earlier after Saudi Arabia surprised traders with a unilateral production cut.

Futures Movers: Oil pulls back after surprise Saudi output cut pushes crude to 11-month high

Brent oil prices rose on Wednesday to the highest since February after Saudi Arabia agreed to make bigger cuts in output than expected during a meeting with allied producers, while industry data showed U.S. crude stockpiles fell last week.

Brent oil rises to highest since February after Saudi Arabia output cut

The leap was a response to Saudi Arabia's announcement of a production cut.

Oil Price Jumps to Nearly Year-High Level Above $50

The Saudis said the 1 million bpd is a gift "to support the market" but it looks more like capitulation to a Russian oil ministry that drove a hard bargain.

Oil Prices Rise On ‘Surprise' Saudi Production Cut, But Can The Rally Last?

Oil soars as Saudi Arabia makes "magnanimous" move.

Oil tops $50 as Saudi Arabia steps up

iShares U.S. Oil Equipment & Services ETF

Invesco S&P SmallCap Energy ETF

SPDR S&P Oil & Gas Equipment & Services ETF

Energy Select Sector SPDR Fund

Energy markets and related exchange traded funds climbed Monday after Saudi Arabia and Russia reached a compromise on oil policy for the Organization of Petroleum Exporting Countries and its allies, or OPEC+, liming output levels to stabilize global crude oil prices. Among the best performing non-leveraged ETFs of Tuesday, the Invesco S&P SmallCap Energy ETF [.

Energy ETFs Rally as OPEC+ Maintains Production Curbs

Oil futures climbed on Tuesday, with U.S. prices settling just below $50 a barrel, but marking their highest finish since February. The Organization of the Petroleum Exporting Countries and their allies, together known as OPEC+, reached a deal on output curbs starting in February, with Saudi Arabia agreeing to cut an additional 1 million barrels per day in February and March, as output quotas from Russia and Kazakhstan increase by a combined 75,000 barrels a day.

Oil futures settle higher as OPEC+ reaches a deal on output curbs starting in February

Oil prices soared as much as 5% on Tuesday after Saudi Arabia announced a surprise oil production cut of an extra 1 million barrels per day throughout February and March, Bloomberg reported. WTI Crude prices jumped to a 10-month high, above $50 per barrel, and oil-related stocks like Marathon Oil and Occidental Petroleum jumped as much as 14% in Tuesday trades.

Oil stocks soar after Saudi Arabia announces surprise production cut of 1 million barrels per day

The Organization of the Petroleum Exporting Countries and their allies, together known as OPEC+, reached an agreement Tuesday following an extended meeting to essentially keep total production curbs for most producers in place in February and March, but Saudi Arabia will cut more output to offset higher production from Russia and Kazakhstan.

Commodities Corner: In ‘gesture of good will,' Saudi Arabia to cut more oil output as Russia, Kazakhstan bump up production

Traders are optimistic, but the oil market isn't out of the woods yet.

Oil Rebounds Above $50 For The First Time In Months After Saudi Arabia, Russia Agree On Output Levels

Crude oil prices break through $50 a barrel. Shares of energy producers surge.

OPEC and Russia Agree to Hold Oil Production Steady Through February

Oil futures traded near Tuesday's session highs following reports that the Organization of the Petroleum Exporting Countries and their allies, together known as OPEC+, reached a compromise on production curbs. OPEC+ will maintain output levels through February, delaying any increase until March, The Wall Street Journal reported, citing officials familiar with negotiations.

Oil prices trade near session highs on reports that OPEC+ has reached a deal on output

MOSCOW/LONDON (Reuters) -Top oil producers are nearing a compromise to hold output steady in February, setting aside a possible increase amid fears that new coronavirus lockdowns will further depress demand, four OPEC+ sources told Reuters on Tuesday.

OPEC+ nearing compromise on holding oil output steady -sources

Oil prices jumped to their highest level in nearly a year on Tuesday.

Oil breaks above $50 for the first time since February

Oil futures rose Tuesday after Iran seized a South Korean ship and the Organization of the Petroleum Exporting Countries and its allies extended talks over whether to further ease production cuts.

Futures Movers: Oil prices rise on Iran worries as OPEC+ talks continue

A group of major oil producers including Saudi Arabia and Russia is deadlocked over whether to increase output as the pandemic forces some economies back into lockdown and governments struggle to distribute vaccines.

OPEC and Russia divided over how much oil the world needs right now

Oil prices were little changed on Tuesday after OPEC and allied producers, including Russia, continued deadlocked talks on February output while fuel demand concerns lingered on amid new COVID-19 lockdowns.

Oil little changed as investors await OPEC+ decision

Oil futures ended lower on Monday after the Organization of the Petroleum Exporting Countries and their allies, together known as OPEC+, failed to reach an agreement on production policy and said they plan to resume talks on Tuesday. The majority of OPEC+ favor a rollover of current output levels, but Russia and Kazakhstan want to see an increase of 500,000 barrels per day in February, according to a tweet from Amena Bakr, deputy bureau chief and chief OPEC correspondent at Energy Intelligence.

Oil ends lower as OPEC+ meeting on output to reconvene Tuesday

As the new year dawns, the U. S. oil and gas industry is relieved to be leaving 2020 in its rear view mirror.

News for VanEck Vectors Oil Services ETF ETF (OIH)