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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

Oil took a hit on Tuesday, with U.S. and global benchmark prices dropping to their lowest levels in more than two and half years as demand worries took center stage, but global supplies may soon take the spotlight as a potential hurricane churns in the Gulf of Mexico.

These maps show the oil and gas infrastructure in Francine's path

Concerns about China's economy have dulled the outlook for energy demand — contributing to a drop in U.S. and global oil prices to their lowest levels in over two years on Tuesday, while exacerbating U.S. recession fears in some parts of the financial market.

Falling oil prices and China concerns add fuel to market fears of a U.S. recession

U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite gaining over 100 points on Tuesday.

Crude Oil Dips Over 4%; OPEC Cuts Global Oil Demand Outlook

Oil markets suffered a strong sell-off amid demand concerns.

Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Dives 4.5% As OPEC Cuts Demand Forecasts

US crude oil prices have experienced a sharp decline, with West Texas Intermediate (WTI) crude falling to $66.11 per barrel and Brent crude dropping below $70. This marks a significant drop of over 3% for both benchmarks, with Brent falling below the $70 threshold for the first time since 2021.

US crude oil prices drop below $70 per barrel amid global demand concerns

OPEC lowered global oil demand growth forecasts for 2024 and 2025.

OPEC Report Pushes Oil Prices To New Lows

The crude oil market is in trouble, serious trouble. At this point in time, it is desperately hanging onto the last vestiges of support, trying to bounce.

Crude Oil Price Forecast – Crude Oil Looking For a Bottom

Another week, another round of price declines - a line that has of late become a bit of familiar short script for the global crude oil market.

Latest Oil Market Slump Marks A Retreat That's Degenerated Into A Rout

The oil market faces long-term pressure as global clean energy initiatives continue to escalate.

Oil Market Faces Long-Term Pressure As China Pushes for Clean Energy Solutions

Brent crude prices fell nearly a percentage point on Tuesday, with futures price currently at US$71.15 a barrel. US crude, meanwhile, fell to a 16-month low of US$68.3 a barrel.

Oil prices fall, but UBS sees recovery on the way

For the second consecutive month, OPEC slightly cut its forecast for 2024 global crude oil demand in its September Oil Market Report published Tuesday.

OPEC Drops 2024 Crude Oil Demand Forecast For Second Straight Month

OPEC cut its demand growth forecast for the second time in as many months. Softening demand expectations in China are weighing on the oil market.

U.S. crude oil sheds gains, falls more than 1% to trade below $68 per barrel as OPEC cuts forecast

OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also trimmed its expectation for next year, marking the producer group's second consecutive downward revision.

OPEC again lowers 2024, 2025 global oil demand growth view

Oil futures fell Tuesday, with concerns about demand from China back in focus after another round of lackluster economic data.

Oil futures give back chunk of Monday bounce after disappointing China data

Oil prices drop as weak Chinese demand offsets U.S. supply disruptions. Traders eye OPEC's report and U.S. forecasts for signs of a market reversal.

Oil News: Crude Prices Fall as Weak Chinese Demand Pressures Market Outlook

Carlyle Group

Concerns about a supply glut in the markets are "completely overplayed," Carlyle's Jeff Currie said at the annual APPEC conference held in Singapore. While China's economy stays sluggish, China's stale demand is overstated, said the chief strategy officer.

Investors are 'dramatically overestimating' an oil glut, Carlyle's Jeff Currie says

Oil and gas prices face pressure as OPEC+ postpones production increases, while China's demand slowdown drives bearish market sentiment.

Natural Gas and Oil Forecast: Will OPEC+ Delays and Gulf Storm Boost Prices?

Oil was steady in early trade on Tuesday as investors weighed supply disruptions from Tropical Storm Francine and the potential for further output cuts against persistently weak Chinese demand.

Oil steady as supply disruptions from Storm Francine offset weak demand

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As Traders Focus On Potential Hurricane In The Gulf Of Mexico

The crude oil markets continue to see a lot of noisy behavior, as the markets are trying to determine where we are going to go due to the massive amount of uncertainty in the global economy.

Crude Oil Price Forecast – Crude Oil Continues to Look For a Floor

Goldman Sachs expects OPEC+ to start increasing production in December, and forecasts that Brent will trade in a range of $70 to $85 per barrel.

U.S. crude oil rebounds after worst week since 2023

Oil futures rose Monday, bouncing after last week's rout, as investors tracked a storm that's seen potentially strengthening into a hurricane and threatening the U.S. Gulf Coast later this week.

U.S. oil benchmark bounces off 15-month low on potential hurricane threat

Morgan Stanley on Monday cut its Brent crude oil forecasts for coming quarters and said the global oil market is facing a period of demand weakness similar to those seen during recessions.

Morgan Stanley cuts Brent crude price view as market signals demand softness

Crude oil prices rebound more than 1% after last week's 8% drop, as traders eye key support at $66.66 and Gulf Coast storm threatens U.S. refining capacity.

Oil News: Crude Prices Edge Higher—Hurricane Threatens U.S. Refining Capacity

Natural Gas and Oil Forecast: WTI tests key resistance at $70 amid global demand concerns and weaker labor data. Will oil prices break out or correct further?

News for VanEck Vectors Oil Services ETF ETF (OIH)