Baker Hughes Co

TechnipFMC

Halliburton

Schlumberger

Patterson-UTI Energy

Kodiak Gas Services Inc

Select Energy Services

Archrock

Core Laboratories

Invesco Dynamic Oil & Gas Services ETF

PXJ tracks an index of US companies in the oil and gas services sector that are weighted in tiers. The index uses a multi-factor methodology to select holdings.

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

VanEck Vectors Oil Services ETF

iPath Pure Beta Crude Oil ETN

ProShares Ultra Bloomberg Crude Oil

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

The Strategic Petroleum Reserve (SPR) is at its lowest point since 1983, at 347 million barrels.

SPN Outperformed All Other Sectors This Quarter Amid Surge in Oil Prices

Brent crude futures hovered just above $90 a barrel on Tuesday, as investors awaited a slew of macroeconomic data due later this week that could indicate whether Europe and the U.S. continue to hike interest rates.

Oil prices stable as market awaits data on inventories, economy

Oil prices ended a bit lower on Monday, easing back after logging a more than 2% gain last week. While demand concerns continue to “headline downside risk” for oil, fundamental conditions remain undersupplied for now, as has been clear from strong draws to commercial U.S. crude stocks in recent weeks,” said Robbie Fraser, manager, Global Research & Analytics at Schneider Electric.

Oil futures end lower after posting a more than 2% weekly gain

Production cuts provide significant support to oil markets, but some traders are worried about a potential slowdown of the world economy.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Pull Back From Session Highs As Traders Wait For Additional Catalysts

Global oil markets could get tighter in the remaining months of the year.

Oil Rally Has More Room To Run

The lead oil contract rose over 2% last week, and has jumped close to 10% over the last two weeks, as Saudi Arabia announced it would extend a production cut of 1 million barrels a day through the end of the year, while Russia said it would also extend supply cuts.

Oil futures ease after nearly 10% surge over last two weeks

Oil prices are at their highest level this year.

Energy Stocks Are Back in the Market's Driver's Seat

Oil prices dipped over China's economic concerns, while Saudi Arabia and Russia extended supply cuts by 1.3M barrels, awaiting IEA and OPEC reports.

Oil Prices Forecast: Saudi-Russia Supply Cuts Buoy Oil, But China's Economy Casts Shadow

Oil prices eased in early Asian trade on Monday as economic concerns in China weighed on fuel demand outlook although Brent stayed perched above $90 a barrel, supported by tightening supplies after Saudi Arabia and Russia extended supply cuts.

Oil prices ease but supply cuts keep Brent above $90/bbl

Oil prices hit their highest levels in 2023 last week following an announcement by Saudi Arabia and Russia that they would deepen their previously announced oil production cuts.

Oil prices hit nine-month high as supply concerns mount

This article summarises recent factors affecting the price of crude oil and looks ahead at how the price could move over the next few weeks.

Oil Consolidates After Extension of Production Cuts

Oil prices settled higher on Friday, contributing to a more than 2% weekly gain for U.S. benchmark crude futures. Crude prices continued to trade on “supply-side drivers,” said Edward Moya, senior market analyst at OANDA, with OPEC+ to “keep this market tight going into the winter.

Oil futures end higher for session, contributing to a gain for the week

There are no signs of profit-taking in the oil markets today as traders remain bullish ahead of the weekend.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains 1% As Traders Focus On Tight Supply

Oil prices are the talk of Wall Street at the moment. Indeed, Saudi Arabia and Russia's production cut extension as well as Brent oil's recent nine-day climbing streak have drivers and oil producers alike considering the implications of an imminent hike in fuel costs.

Why Are Oil Prices So High Right Now?

With oil pushing above $85 a barrel, it would be prudent to add energy stocks like Solaris Oilfield Infrastructure (SOI), CVR Energy (CVI) and Helix Energy Solutions Group (HLX).

Oil Rally Hits Speed Bump But Stays Above $85 on Supply Draw

iShares U.S. Oil Equipment & Services ETF

SPDR S&P Oil & Gas Equipment & Services ETF

The wind is at the back of the Oil and Gas-Field Services Industry as it is poised for growth in the coming year, driven by favorable crude pricing and robust demand for oilfield services. The industry comprises companies that play a pivotal role in supporting exploration and production activities.

Time for Oilfield Services ETFs?

Crude oil trading remained relatively tranquil in Friday's session, signaling an imminent shift in market dynamics. Consolidation in both the WTI Crude Oil and Brent markets is the norm.

Crude Oil Price Forecast – Crude Oil Continues to Look Upwards

If your coffee isn't giving you enough of a jolt this morning, just check out this chart from Bank of America.

This oil chart will scare the socks off you

Oil futures rose Friday, on track for strong weekly gains after trading near 2023 highs, as tightening supplies outweighed worries about demand from China and the global economy.

U.S. oil higher after snapping 9-day winning streak

The Fed won't raise interest rates at its next meeting, but could leave the door open for future increases, Mohamed El-Erian said.  A stronger-than-expected US economy and rising oil prices are key reasons why further hikes could be on the table.

The Fed won't raise interest rates this month but rising oil prices could spur a future increase, top economist Mohamed El-Erian says

Despite major crude oil supply cuts, U.S. dollar resurgence and China's recovery fears curtailed bullish trends.

Oil Prices Forecast: China's Economy, Strong US Dollar Fueling Profit-Taking

Oil prices fell for a second session on Friday, weighed down by lingering concerns over slower global demand, but were still headed for a second consecutive weekly gain amid expectations of tightening supplies.

Oil prices ease on demand concerns, still headed for weekly gain

Invesco DB Energy Fund

Invesco S&P SmallCap Energy ETF

After rising modestly in August, energy commodity prices have continued to advance in September, lifting energy ETFs. Saudi Arabia and Russia on Tuesday announced they would extend voluntary cuts to oil production until the end of the year, prompting a rally in oil prices.

4 Invesco Energy ETFs Are Rallying on Rising Oil Prices

Oil futures settled lower on Thursday, giving back some of the recent gains that lifted prices to their highest levels of the year. “Even though we have seen a good rally in crude recently, we see the energy complex continuing to go higher,” said Tariq Zahir, managing member at Tyche Capital Advisors, “with the recent Saudi news along with Russia extending production cuts until the end of the year.

Oil futures settle lower, easing back after a rally to the year's highest levels

The EIA report showed that U.S. was buying oil for the Strategic Petroleum Reserve despite rising oil prices.

News for Invesco Dynamic Oil & Gas Services ETF ETF (PXJ)