TechnipFMC

Baker Hughes Co

Schlumberger

Noble Corp PLC

Halliburton

Cactus

Golar LNG

Kodiak Gas Services Inc

Liberty Oilfield Services

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

Oil prices could climb well into triple-digit territory by next year if Russia and Saudi Arabia don't unwind their aggressive supply cuts, Goldman Sachs warned its clients.

Oil could hit $107 due to Saudi Arabia's and Russia's supply cuts, Goldman Sachs warns

Oil futures climbed on Wednesday, lifting U.S. prices up a ninth straight session to settle at a fresh high for the year. Prices got a boost from upbeat U.S. economic data and recent decisions by Saudi Arabia and Russia to extend their voluntary production cuts to the end of the year.

Oil prices post fresh year-to-date settlement high

Oil traders remain focused on the bullish impact of production cuts.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Test New Highs

Crude oil markets were slightly negative during the trading session on Wednesday, as it looks like the momentum in the recent rally has finally run out.

Crude Oil Price Forecast – Crude Oil Stalls

A jump in crude oil prices and further weakening in China sent stocks lower to kick off the holiday shortened week.

Rising Oil Prices And Weakening Chinese Data

Goldman Sachs (NYSE:GS) has spotlighted a potential bullish trajectory for crude oil prices, suggesting that Brent could soar to as much as $107 per barrel (bbl) by December next year, a significant leap from its current forecast of $93/bbl for the same period. This revision comes in the wake of Saudi Arabia and Russia's unexpected announcement to extend their unilateral additional output cuts by three months through December 2023.

Could Brent crude shoot above $100 a barrel - here's what Goldman thinks

Oil futures edged lower early Wednesday, pulling back a day after ending at 2023 highs following the extension of supply cuts by Saudi Arabia and Russia.

Oil prices pull back from 2023 highs

Shell PLC

Prolonged cuts to oil production by the likes of Saudi Arabia means drivers could well be yet to face the worst of rising petrol and diesel prices. Despite recent price movements among the most rapid monthly hikes since 2000, motor group RAC warned the worst could be yet to come.

Petrol prices to keep rising prompting warnings on inflation

Saudi Arabia and Russia said they will extend oil supply cuts of 1.3 million barrels a day through December 2023. The Tuesday announcements sent prices of benchmark oil futures shooting to their 10-month highs.

A key global oil price zoomed past $90 a barrel for the first time in 2023 — and analysts say it could keep inflation high

OPEC giants extend voluntary cuts, with crude oil futures nearing 9-month peaks as global inventory concerns rise.

Oil Prices Forecast: Inventory Concerns Rise as OPEC+ Extends Output Cuts

Oil prices ticked up on Thursday, as markets worried about a supply shortage after Saudi Arabia and Russia extended their voluntary supply cuts to the end of the year.

Oil prices edge higher on supply woes as Saudi, Russia extend output cuts

The S&P 500's energy sector also rose to an eight-month high.

Oil Prices Soar To 2023 Highs—Threatening Higher Prices At The Pump After Output Cuts

Oil prices have climbed to their highest levels of the year, buoyed in part by news that Saudi Arabia and Russia have extended their production cuts to the end of the year, even as demand uncertainty continues to hang over the market outlook.

Oil trades at 2023 highs. Are U.S. prices headed for $100?

Brent crude surpassed $90 a barrel for the first time since November on Tuesday. Oil prices climbed after Saudi Arabia and Russia committed to further production cuts until December.

Oil prices soar to 10-month high as Russia and Saudi Arabia commit to slash production for longer

U.S. oil futures settled Tuesday at their highest since November, lifted by news that Saudi Arabia and Russia have decided to extend their production cuts to the end of the year. October West Texas Intermediate crude CLV23, +1.19% climbed $1.14, or 1.3%, to settle at $86.69 a barrel on the New York Mercantile Exchange.

U.S. oil futures end at highest since November

Both countries said they would review the supply cuts monthly, and could modify them depending on market conditions.

Oil prices hit 10-month high as Saudi Arabia, Russia extend supply cuts

Saudi Arabia and Russia extended production cuts until the end of this year.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Traders Focus On Production Cuts

Energy Select Sector SPDR Fund

Energy stocks are leading the S&P 500 index performance on Tuesday, while most other sectors are in red, after Saudi Arabia and Russia announced an extension of oil supply cuts.

Energy stocks lead S&P 500 again, as Saudi Arabia, Russia extend crude-supply cuts

Near-term prices for oil traded on Tuesday at their steepest premium since November to later-dated prices after Saudi Arabia and Russia announced plans to extend voluntary oil supply cuts for three months.

OPEC+ cuts drive crude futures spreads to widest since November

iShares U.S. Oil Equipment & Services ETF

Invesco S&P SmallCap Energy ETF

SPDR S&P Oil & Gas Equipment & Services ETF

Oil rallied to the highest level this year, with U.S. crude touching $85 per barrel and Brent climbing to $87.88 per barrel. The gains were driven by the anticipation of additional supply cuts from major oil-producing nations, Saudi Arabia and Russia, as well as declining inventories in the United States.

Oil Price Touches 2023 High: 5 Energy ETFs Leading the Way

Oil prices hit a new high for the year so far after Saudi Arabia and Russia — the world's biggest crude exporters — said they would extend output cuts by at least another three months.

Oil prices surge after Saudi Arabia and Russia extend production cuts

Crude oil markets have been extraordinarily bullish as of late, but unfortunately we are starting to get to the point where they are extremely overstretched, and sooner or later gravity may come into the picture. If that's going to be the case, you may have a situation where it's time.

Crude Oil Price Forecast – Crude Oil Markets Facing Gravity

Oil futures edged lower early Tuesday, pulling back from 2023 highs, after downbeat economic data from China raised worries about global demand.

Oil prices pull back from 2023 highs after downbeat China data

OPEC's production strategy meets headwinds from China's economic indicators, spotlighting a volatile tug-of-war in crude oil futures.

Oil Prices Forecast: OPEC Production Cuts vs. Asia's Economic Dip Set Flat Tone

The US dollar is losing some influence in the oil markets, according to JPMorgan. The correlation between the USD's strength and oil prices has weakened, per the bank's research.

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