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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

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United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

The lack of clarity on crude oil demand continues to drag oil prices lower. The market's mood music - resulting in a second successive weekly loss at the close of U.S. trading on Friday - has not materially changed on Monday.

Morgan Stanley Sees An Oil Market Surplus In 2025 And It's Not Alone

Crude oil will likely be in a surplus next year with Brent crude prices dropping to the mid-to-high 70s range, analysts at Morgan Stanley (NYSE:MS) believe. In a note, the bank's analysts wrote that tightness would hold for most of the third quarter, continuing for forecast Brent crude prices of $86 per barrel.

Crude oil prices set to drop amid surplus, Morgan Stanley forecasts

Oil futures edged lower early Monday, struggling to recover from a selloff last week that saw crude fall to five-week lows on concerns about the outlook for demand from China.

Oil prices tick lower after finishing Friday at 5-week low

Oil prices stay flat as traders await Fed decision on rate cuts and assess U.S. political shifts. How will China's slow growth and Middle East tensions impact?

Crude Oil News Today: Will Fed Decision and Political Shifts Influence Prices?

Europa Oil & Gas (Holdings) Plc (AIM:EOG) told investors it has identified an additional 716 billion cubic feet of  unrisked Prospective Resources on the EG-08 block, in the Douala Basin offshore Equatorial Guinea. It increases the project's prospective resources to 2.11 trillion cubic feet.

Europa Oil & Gas ups estimate of exploration potential offshore Equatorial Guinea

The crude oil market is currently tight but next year will likely be in surplus, with Brent prices declining into the mid-to-high $70s range, Morgan Stanley said.

Oil market likely to be in surplus next year, Morgan Stanley says

Oil prices rebound above $78.60, signaling a potential buying opportunity as market trends turn bullish. Should investors consider entering now?

Natural Gas and Oil Forecast: Oil Bounces Above $78.60; Time to Buy?

Oil prices rose in early trade on Monday as investors keep a lookout for signs of a rate-cut cycle expected to begin as soon as September.

Oil prices rise as investors look for signs US rate cuts to begin

Gaza talks and economic factors shape volatile oil future. Ceasefire hopes and strong dollar pressure prices, while China's growth adds uncertainty to crude outlook.

Oil News: Geopolitics vs Economics: The Forces Shaping Next Week's Crude Oil Futures

Worries about China's demand serve as an additional bearish catalyst for oil markets.

Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Dives 2.5% Amid Global IT Outage

Oil prices fell on Friday on renewed hopes of a ceasefire in Gaza, while a strong dollar further weighed on the market.

Oil falls $1 a barrel with Gaza ceasefire in sight, easing supply fears

The crude oil market has been somewhat soft this week, as we continue to see a lot of noise overall. This time of year, is typically good for the market, and at this point in time, it makes sense that there will be willing to “buy the dips.

Crude Oil Weekly Price Forecast – Crude Oil Continues to Bounce About

Oil futures edged lower early Friday, with worries about the demand outlook out of China putting a damper on crude this week, while supply concerns have helped limit downside.

Oil edges lower as demand worries weigh on crude

Oil prices stabilize as U.S. stockpile draw offsets China demand concerns. OPEC+ plans to unwind cuts.

Oil News: Strong Dollar Caps Gains Despite U.S. Stockpile Draw

USOIL drops to $80.70 amid a strong dollar and economic uncertainty, raising concerns about potential further sell-offs.

Natural Gas and Oil Forecast: USOIL Slips to $80.70; More Sell-off Ahead?

Oil prices were little changed on Friday as a strong dollar and concern over top oil importer China's economy were countered by a tighter supply outlook.

Oil prices steady amid strong dollar, China economy worries

Crude oil's resistance at $83.69 marks a pivotal point. A breakout could confirm strength and lead to higher targets, with $87.90 in sight.

Crude Oil Price Forecast: Bull Signal Above 84.69

From a big picture point of view, oil traders ignore worries about China's demand and focus on the upcoming start of the Fed rate cut cycle.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Is Flat As Traders Stay Focused On Fed Policy Outlook

Brent crude oil has reached $85.40, marking a continued increase over two consecutive sessions. This upward trend is primarily supported by recent US energy inventory statistics, which showed a significant decrease of 4.87 million barrels against an anticipated decline of 0.8 million barrels. This marks the longest stretch of inventory reductions since last September, underscoring a robust demand for oil.

Brent Oil Price Trends Upward Amid Positive Market Signals

The crude oil market has ran into a significant amount of hesitation after a big move and has started to pull back a bit. With this, the market will be looking for a bounce just below.

Crude Oil Price Forecast – Crude Oil Hesitates After Big Move

U.S. oil jumped 2.6% in the previous session after crude inventories declined.

U.S. oil holds to gains after three weeks of crude inventory declines

A mini OPEC+ ministerial meeting next month is unlikely to recommend changing the group's output policy, including a plan to start unwinding one layer of oil output cuts from October, three sources told Reuters.

OPEC+ unlikely to change oil output policy at Aug 1 JMMC meeting, sources say

Oil futures were straddling either side of unchanged early Thursday, struggling to build on gains seen the previous session after government data showed a larger-than-expected drop in U.S. crude inventories.

Oil prices struggle for direction after fall in crude inventories sparks bounce

In the past few weeks, global crude oil prices have flattered to deceive the market bulls. Many in the bullish corner, perhaps contrary to wider perceptions, don't regard a $85 per barrel Brent price as a sufficiently high ceiling under current market permutations for the global proxy benchmark.

Market Factors That May Push Brent Oil Futures To $90 In 2024

US crude oil prices surge with a 4.9 million barrel inventory decline, indicating robust demand. Learn how global factors influence today's oil market.

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