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 held modest gains early Wednesday after industry data showed a large drop in U.S. crude inventories but a build in product supplies ahead of official figures.

Market Snapshot: Oil up modestly ahead of U.S. inventory data

Oil prices fell on Wednesday as rising fuel stockpiles in the United States raised concerns of declining demand in the world's biggest oil consumer amid a massive spike in COVID-19 cases caused by the Omicron variant.

Oil falls as surging U.S. fuel stockpiles raise demand concerns

The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 6.4 million barrels for the week ended Dec. 31, according to sources. The API also reportedly showed weekly inventory increases of 7.1 million barrels for gasoline and 4.3 million barrel for distillates.

API data reportedly show a weekly drop of more than 6 million barrels in U.S. crude supplies

U.S. oil prices climbed by more than 1% on Tuesday after major oil producers known as OPEC+ said they would stick to their plan to raise monthly crude production, as expected, by 400,000 barrels per day in February. For now, the omicron variant is not leading to the same hospitalization rates and death associated with earlier variants and for the most part, "governments have not imposed the widespread lockdowns or travel restrictions which significantly dent oil demand," said Caroline Bain, chief commodities economist at Capital Economics, in a note.

U.S. oil prices settle higher as OPEC+ keeps output plan in place

OPEC+'s decision this week to stick to its planned increase in oil output for February reflects easing concern of a big surplus in the first quarter, as well as a wish to provide consistent guidance to the market, sources and analysts said.

OPEC+ decision reflects easing concern of oil surplus, Omicron risk

Led by OPEC's Saudi Arabia and non-OPEC member Russia, the group will collectively pump an additional 400,000 barrels a day next month.

Oil prices hit highest in 6 weeks after OPEC+ keeps production hike modest

OPEC+ agreed on Tuesday to stick to its planned increase in oil output for February because it expects the Omicron coronavirus variant to have a short-lived impact on global energy demand.

OPEC and its allies agree to keep pumping more oil

OPEC+ on Tuesday opted to adhere to its plan to increase oil output among its members starting in for February, as had been widely expected, amid the rise in the omicron variant of coronavirus that causes COVID-19.

Market Pulse: Oil rises as OPEC+ agrees to maintain production strategy amid omicron

Oil futures rose Tuesday, with global benchmark Brent crude nearing the $80-a-barrel threshold, on expectations that the Organization of the Petroleum Exporting Countries and its allies won't deviate from a plan to gradually boost output.

Futures Movers: Oil nears $80 a barrel on expectations OPEC+ will remain on course

Oil cartel seen sticking to moderate monthly production increase

Oil Prices Are Stable Ahead of OPEC Meeting

Oil prices were flat on Tuesday ahead of a meeting where major producers are expected to stick to plans to add supply in February, as soaring COVID-19 cases have yet to spark lockdowns in the biggest fuel-consuming countries.

Oil prices steady ahead of OPEC+ output policy meeting

Oil futures settled higher on Monday, with major oil producers known as OPEC+ widely expected to stick to their plan to raise monthly crude production by 400,000 barrels per day when they meet on Tuesday. "Though omicron cases continue to climb in key geographies, the absence of widespread lockdown restrictions will likely keep near term [oil] demand concerns in check," analysts at RBC Capital Markets, led by Helima Croft, wrote in a Monday note.

Oil prices settle higher a day ahead of the OPEC+ monthly meeting

OPEC's plans, Russia's intentions for Ukraine, and the restraint of U.S. oil producers all present challenges for energy investors.

Oil Is Facing 3 Big Unknowns

Oil futures edged higher Monday, beginning 2022 on a positive note as traders looked past rising COVID-19 cases, building on the strongest annual rise for crude in 12 years.

Futures Movers: Oil ticks higher to kick off new year after biggest annual rise since 2009

Oil prices rose on Monday as the market kicked off 2022 on a positive note, although concerns over demand waning due to rapidly spreading COVID-19 pandemic limited gains.

Oil starts new year on positive note, pandemic worries curb gains

U.S. oil futures on Friday settled lower on the eve of 2022, marking the first decline in the past eight sessions, but the loss belies a stellar year for crude bulls, with the commodity posting the sharpest annual rise since 2009. West Texas Intermediate crude oil for February delivery CLG22, -2.21% CL00, -2.21% declined $1.78, or 2.3%, to end at $75.21 a barrel on the New York Mercantile Exchange, after gaining 0.6% on Thursday.

U.S. oil snaps 7-session streak of gains but logs best yearly rise in over a decade

U.S. oil futures were headed lower on the eve of 2022, threatening to post a loss for the first time in eight sessions, as investors looked to lighten up on risk after gains for crude in the week, the month and the year.

Futures Movers: U.S. oil sinks, at risk of snapping longest win streak in 11 months in 2021's final session

Oil analysts have lowered their price forecasts for 2022 as the Omicron coronavirus variant poses headwinds to recovering fuel demand and risks a supply glut as producers pump more oil, a Reuters poll showed on Friday.

Oil rally hits Omicron demand roadblock as glut worries rise- Reuters poll

Oil prices fell 1% on Friday but were set to post their biggest annual gains in 12 years, spurred by the global economic recovery from the COVID-19 slump and producer restraint, even as infections surged to record highs around the world.

Oil heads for biggest yearly gains since 2009

U.S. oil futures end higher Thursday, with crude turning positive intraday as fading omicron concerns and signs of strong uptake of energy-related assets helped to support year-end buying. West Texas Intermediate crude for February delivery CLG22, +0.22% CL00, +0.22% traded 43 cents, or 0.6%, higher to end at $76.99 a barrel on the New York Mercantile Exchange, after the U.S. benchmark rose 0.8% on Wednesday.

U.S. oil's 7-session rally helps to deepen climb to highs not seen since late November

U.S. oil production is back and set to increase in 2022 after more than a year of OPEC and its allies "running the show," said oil expert Daniel Yergin.

U.S. oil production set to increase further in 2022, energy expert Dan Yergin says

Oil prices rose on Thursday to extend several consecutive days of gains, buoyed by data showing U.S. fuel demand holding up well despite soaring Omicron coronavirus infections.

Oil rises as fuel demand holds up despite surge in Omicron cases

Crude oil futures finished solidly higher Wednesday after data showed a big drop in U.S. crude inventories, pointing to more robust demand despite the threat of the omicron variant of COVID disrupting some business activity and holiday travel. West Texas Intermediate crude for February delivery CLG22, +0.58% CL00, +0.58% CL.1, +0.58% was trading 58 cents, or 0.8%, higher to settle at $76.56 a barrel on the New York Mercantile Exchange, after the U.S. benchmark rose 0.5% on Tuesday to mark the loftiest settlement since Nov. 24.

U.S. oil posts longest streak of gains since February after big weekly U.S. inventory drawdown

Oil futures traded higher Wednesday after the Energy Information Administration reported a drop in U.S. crude inventories. West Texas Intermediate crude for February delivery CLG22, +0.93% CL00, +0.93% traded at $77.04 a barrel on the New York Mercantile Exchange, up $1.05, or 1.5%.

U.S. crude-oil inventories fell by about 3.6 million barrels in week ended Dec. 24: EIA

U.S. crude stocks, gasoline and distillate inventories fell last week, the Energy Information Administration said on Wednesday.

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