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

Is the US oil market taking a turn? Curious about the recent behavior of the US oil price? You're not alone. Many traders are keeping a keen eye on the US oil price chart, trying to decipher where the US oil market is heading next. Something interesting is brewing this week with US oil trading. Could there be a lucrative opportunity as the price potentially dips to the $76 mark and then aims for a retest at $78?

Navigating US OIL PRICE Trends

Drone strikes on a Russian refinery and OPEC's compliance challenges inject uncertainty into oil markets, yet underscore the potential for sustained price increases.

Natural Gas and Oil Forecast: Drone Strikes Propel Prices; More Upside Ahead?

Oil extended gains in Asian trade on Thursday after a surprise drop in U.S. crude stockpiles indicated strengthening demand, while possible supply disruptions following Ukrainian attacks on Russian refineries also underpinned prices.

Oil prices underpinned by US inventory data, attacks on Russian refineries

U.S. domestic oil production declined from 13.2 million bpd to 13.1 million bpd, providing additional support to oil markets.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground After EIA Report

As U.S. crude production gears up for new heights, our recommendation is to concentrate on domestic E&P companies with strong fundamentals, such as APA, FANG and MGY.

U.S. Oil Production Hits Record High, Set to Remain Dominant

Gasoline inventories declined by 5.7 million barrels from last week.

Crude Inventories Fell 1.5 Million Barrels As Imports Declined

Investors could be caught off guard by the strength of an oil price rally this summer, according to Morgan Stanley's Martijn Rats.

Oil strategist says the market could be caught off guard by a crude spike this summer

U.S. crude inventories fell by 5.5 million barrels last week, according to data from the American Petroleum Institute.

Oil prices rise as U.S. inventories fall, Ukraine strikes Russian refineries

Oil futures rose Wednesday morning, finding support after industry data showed a drop in U.S. crude inventories ahead of official figures from the Energy Information Administration.

Oil prices lifted after industry data shows drop in U.S. crude inventories

OPEC projects a notable rise in global oil demand, aligning with a positive economic growth forecast, hinting at a robust market ahead.

Crude Oil News Today: OPEC Maintains Robust Demand Growth Forecast

OPEC's optimistic demand forecast and a surprising U.S. inventory drop fuel hopes for oil's upward momentum in the global market.

Natural Gas and Oil Forecast: OPEC's Demand Forecast Raises Hopes

Oil prices rose on Wednesday on expectations of strong global demand, including in the world's top consumer the United States, and as even somewhat sticky U.S. inflation did not dent expectations the Fed might start cutting rates soon.

Oil prices up on strong US demand, Fed signals in focus

Here we follow up on our late October post about crude oil futures. Price followed our preferred bullish path, and we now have more information with which to forecast future moves.

Crude Oil Elliott Wave Bearish Forecast Analysis For 2024

Oil traders are worried about hawkish Fed as inflation reports exceeded analyst expectations.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Moves Lower As Treasury Yields Rise

Crude continues to see a lot of noisy behavior, and it should more likely than not continue. The markets are watching important resistance levels, and with this, you have to be cognizant of the overall momentum, and of course cyclical trade as well.

Crude Oil Price Forecast – Crude Continues to Look For Momentum

The CPI for February rose 0.4% for the month, in line with expectations, but the annual rate came in slightly ahead of the 3.1% forecast.

Oil prices steady as traders evaluate latest U.S. inflation data

OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, and further raised its economic growth forecast for this year saying there was more room for improvement.

OPEC sticks to oil demand view, nudges up economic growth again

Oil futures were flat to slightly higher early Tuesday ahead of an eagerly awaited U.S. consumer-price index reading for February and the latest monthly update from the Organization of the Petroleum Exporting Countries, or OPEC.

Oil prices nudge higher ahead of February inflation data, OPEC report

Light crude oil finds strength at the 200-day moving average amidst Middle East tensions.

Crude Oil News Today: Supported by Geopolitical Strains, Non-OPEC Supply Outlook

Amid Middle East unrest, oil and natural gas markets trend bullish, spotlighting geopolitical influences on global energy prices.

Natural Gas and Oil Forecast: Middle East Tensions Fuel Bullish Energy Market Trends

Oil prices rose in early Asian trading, but price moves were limited as the market waited for monthly reports from oil agencies.

Oil rises slightly ahead of demand estimates

Oil traders are waiting for the release of U.S. inflation data.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Are Mostly Flat At The Start Of The Week

The cruel markets continue to be very choppy, as we continue to bang around a couple of major moving averages and trying to determine whether or not we have enough momentum to break out to the upside.

Crude Oil Price Forecast – Crude Oil Continues to Chop

Traders are waiting for the consumer and producer price indexes, released Tuesday and Thursday, for additional signs of when the Fed might cut interest rates.

Oil extends last week's losses ahead of key inflation, crude data

Oil futures edged higher early Monday, attempting to bounce back after a weekly decline tied in part to worries over the demand outlook from China.

News for VanEck Vectors Oil Services ETF ETF (OIH)