Baker Hughes Co

TechnipFMC

Halliburton

Schlumberger

Patterson-UTI Energy

Kodiak Gas Services Inc

Select Energy Services

Archrock

Cactus

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 futures edged higher Wednesday as investors attempted to gauge China's demand outlook, and industry data showed a surge in U.S. crude inventories.

Oil edges higher as traders weigh U.S. inventory jump, China demand

Crude oil inventories rose by 14.865 million barrels, American Petroleum Institute (API) data showed late Tuesday.

Oil Price Fundamental Daily Forecast – API Reports Huge Unexpected Inventory Build Ahead of EIA Data

Oil prices fell on Wednesday, erasing the previous session's gains, after industry data showed an unexpected build in crude and fuel inventories in the United States, the world's biggest oil user, which reignited worries about fuel demand.

Oil slips as U.S. crude, fuel inventories reignite demand concerns

U.S. shale oil, which has been critical to keeping pace with growth in global oil demand for the last decade, is running short of the "top rock" that has supported the sector's high output in the past. Shale production is expected to continue to grow but at a slower rate.

The Disappearance Of Good Rock Worries Oil Markets

Oil futures finished higher on Tuesday, with U.S. prices up a fourth straight session. Crude prices gained “as economic optimism grows for not just China, but also the Eurozone,” said Edward Moya, senior market analyst at OANDA.

Oil futures finish higher, with U.S. prices up a fourth straight session

Natural gas markets moved towards multi-month lows as demand is expected to remain low in the upcoming days.

Natural Gas, WTI Oil, Brent Oil – China Demand Hopes Push Oil Markets Higher

Early in the session, crude oil prices are likely to be influenced by comments from U.S. Federal Reserve Chairman Jerome Powell.

Oil Price Fundamental Daily Forecast – Hawkish Fed Chair Powell Could Dent Demand Outlook

Oil futures rose Tuesday, finding support as investors continue to monitor China's reopening and look for more clues to the size and speed of Fed rate hikes.

Oil pushes higher as traders monitor China reopening, interest rates

West Texas Intermediate, the U.S. benchmark, is down 7% to $74.63 this year. But the Energy Select Sector SPDR Fund (XLE) is up 3.3%.

Oil Stocks Are Up While Oil Slumps. Here's Why.

Oil prices fell on Tuesday ahead of a speech by US Federal Reserve chair Jerome Powell, where he could confirm further interest rate hikes for the world's largest consumer. Both Brent crude oil and West Texas Intermediate (WTI) saw declines as anticipation grows over potential recessions in major economies as rising interest rate hikes threaten to stem demand.

Oil price down on interest rate fears

Two Fed officials on Monday reiterated calls for higher borrowing costs.

Oil Falls After Fed Signals Further Determination to Lift Interest Rates

Oil prices were little changed on Tuesday, giving up some of the gains from the previous session, as traders awaited clarity on the Federal Reserve's plans for rate hikes to gauge the impact on the economy and fuel demand.

Oil steady as clarity on Fed rate hike awaited

U.S. oil futures settled higher for a third session in a row on Monday, with the gains a “function of increasing optimism for consumer demand in China, as the government is rapidly abandoning COVID restrictions and reopening the economy,” said Tyler Richey, co-editor at Sevens Report Research. Meanwhile in the U.S., “rates markets are pricing in a lower ‘terminal rate' for the [Federal Reserve's policy rate this year, largely thanks to the soft wage print in Friday's jobs report.

U.S. oil futures log a third straight session gain

The price of West Texas Intermediate is rising on Monday after China reopened its borders and refineries.

Oil spikes on reopened China and ‘hopes' of refinery supply

Natural gas moved back above the $4.00 level. Copper tested multi-month highs.

WTI Oil Rebounds On China Optimism

Crude oil markets have rallied significantly during the trading session on Monday, as traders came back to work to test the same general area.

Crude Oil Price Forecast – Crude Oil Markets Kick Off the Week on the Right Foot

The Strategic Petroleum Reserve's current inventory might be the new normal.

Using Up America's Oil Reserve Was Easy. Refilling It Won't Be.

Oil prices rebounded from the previous week's sharp losses with traders betting on increased demand as Beijing continued to ease COVID-19 restrictions and open up the world's second biggest economy.

Oil prices rebound on hopes for increased China demand

China expects domestic and international travel to increase sharply over the Lunar New Year period.

Oil Prices Rise as China Reopens Borders After Three Years of Restrictions

Despite the potentially bullish China reopening news, market sentiment remains negative as China's battle with COVID-19 worsens.

Oil Price Fundamental Daily Forecast – Underpinned by Upbeat China News, but Capped by Lingering COVID Worries

Oil prices edged up on Monday, a day after travellers streamed into China following a reopening of borders that lifted the fuel demand outlook and partly offset concerns of global recession.

Oil nudges higher after China opens borders, lifts fuel demand outlook

The past week was the weakest for oil prices in decades, yet may remain bullish on where prices will be headed in 2023.

Analysts Remain Bullish On Oil Prices Despite Looming Headwinds

These energy companies are positioned to thrive under any oil market conditions.

3 Energy Stocks to Buy No Matter What Happens to Oil Prices in 2023

U.S. oil futures pared much of their early Friday gains to finish the session modestly higher, down more than 8% for the week. At the end of what has been a “brutal” week for crude oil, with prices on course for the worst start to the year since the 1990's, “we've seen a modest stabilization in prices in the past couple of days,” said Michael Hewson, chief market analyst at CMC Markets UK.

U.S. oil futures pare gains to finish the week with a more than 8% loss

That's hedge fund manager Pierre Andurand, who said in an interview with Bloomberg that oil prices could top $140 a barrel this year if Asian economies see a full reopening.

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