United States Oil Fund LP

USO holds predominantly short-term NYMEX futures contracts on WTI crude oil.

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

Invesco Dynamic Oil & Gas Services ETF

ProShares Ultra Bloomberg Crude Oil

SPDR S&P Oil & Gas Exploration & Production ETF

Crude oil faces resistance amidst a consolidation phase, with an expanding triangle pattern and potential for an upside breakout once the consolidation is complete.

Crude Oil Price Forecast: Consolidates with Potential for Upside Breakout

WTI crude oil prices rose on Thursday, driven by escalating tensions between Israel and Hezbollah, which overshadowed soft U.S. gasoline demand.

Natural Gas, WTI Oil, Brent Oil Forecasts – Crude Poised to Move Higher, While NatGas Struggles

The crude oil market continues to see a lot of buying pressure under the current level, and at this point in time, I think we have to look for valuable opportunities, as there are a few levels that we will be watching over the next few sessions.

Crude Oil Price Forecast – Crude Oil Continues to See Rangebound Trading

A surprise build in U.S. crude oil and gasoline inventories disappointed bulls who were hoping for signs of an uptick in demand. But tensions between Israel and Iran-backed militia Hezbollah are providing support to prices.

Oil prices hold firm as Israel-Lebanon tensions overshadow soft U.S. demand

TotalEnergies SE

TotalEnergies has agreed to sell its entire interest in its West of Shetland gas fields to The Prax Group, a private UK company. It comprises the Laggan, Tormore, Glenlivet, Edradour, and Glendronach fields, as well as the onshore Shetland gas plant and nearby exploration licenses.

TotalEnergies sells its West of Shetland oil and gas assets to Prax

Oil futures edged higher Thursday, shaking off concerns about summer gasoline demand in the U.S. as investors kept an eye on tensions in the Middle East that could threaten crude supplies from the region.

Oil edges higher as worries over wider Middle East conflict linger

Weak demand and high inventories weigh on crude oil prices, but Middle East tensions offer support due to potential supply risks.

Crude Oil News Today: Traders Balancing Supply Risks and Weak Demand

Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) is looking forward to an exciting period as the company continues to make progress in the unlocking of the next prolific onshore US oil and gas play, that's according to non-executive chair Rick Grant said. Grant, in today's full year results for the twelve months ended 31 December 2023, highlighted that Zephyr continued to deliver as a cash-generating oil and gas exploration and production group.

Zephyr Energy looks forward to exciting period as it works to unlock America's next prolific oil and gas play

BP PLC's (LSE:BP.) new CEO, Murray Auchincloss, has implemented a hiring freeze and paused new offshore wind projects to focus more on oil and gas amid investor concerns over the company's energy transition strategy, according to Reuters, citing sources close to the oil giant.

BP CEO reportedly imposes hiring freeze, shifts focus back to oil and gas

With WTI poised to trade bullish, the upward trendline support near $80.20 indicates potential for further gains in oil prices.

Natural Gas and Oil Forecast: WTI Bullish, Upward Trendline Support Near $80.20

NVIDIA

The energy sector tends to zig when Apple and its brethren zag, making it an ideal hedge for weakness in IT.

Oil Stocks Are the Perfect Antidote to Nvidia and the Rest of Big Tech

Oil prices slid in early Asian trade on Thursday as a surprise build in U.S. stockpiles fuelled fears about slow demand from the top oil consumer, though worries a potential expansion of the Gaza war may disrupt Middle East supplies capped declines.

Oil prices slide on fears of slow US demand after surprise inventory build

Natural Gas' bearish trend indicates a challenging market environment, with oversupply concerns dominating trader sentiment.

Natural Gas, WTI Oil, Brent Oil Forecasts – Bears Focusing on Weak LNG Demand, Increasing Output

Rising crude oil inventories and declining refinery inputs and gasoline production signal potential downward pressure on crude prices.

EIA: Crude Oil Inventories Up 3.6M Barrels, Defy 2.6M Draw Estimate

The crude oil market has bounced around over the last few days, and the market looks like there are plenty of both buyers and sellers at the moment. However, I do think that we are more likely to break higher in the next few weeks.

Crude Oil Price Forecast – Crude Oil Continues to Bounce Around in a Range

Oil prices fell Tuesday, but traders are hoping U.S. inventory will show that fuel demand is picking up. Expectations that the oil market will tighten and escalating tensions in the Middle East have provided bullish momentum recently.

Oil prices bounce back as investors hope U.S. inventory data will point to stronger summer fuel demand

Oil futures rose Wednesday, finding support amid continued jitters over the potential for a broader Middle East conflict as traders awaited official U.S. data on crude and product inventories.

Oil prices bounce ahead of official data on U.S. inventories

In the short term, oil prices are expected to be supported by anticipated inventory drawdowns and ongoing geopolitical tensions.

Crude Oil News Today: Higher on Anticipated Inventory Drawdown, Geopolitics

Oil prices rise despite increased U.S. stockpiles, driven by Middle East risks and Q3 demand forecasts.

Natural Gas and Oil Forecast: Uptrend Supports WTI at $80.68; Buy Now?

Oil prices fell in early Asian trade on Wednesday after an industry group reported a surprise jump in U.S. stockpiles, fueling concerns about weaker-than-expected demand in the top oil consuming nation.

Oil edges lower after industry group reports jump in US stockpiles

Crude oil, testing resistance at 82.24, forms an expanding triangle, suggesting a potential breakout or retracement as a decision looms.

Crude Oil Price Forecast: At Key Decision Point

Rising Lower 48 production pressures July natural gas futures; Fed policy impacts WTI oil prices; Brent oil prices await PCE index insights.

Natural Gas, WTI Oil, Brent Oil Forecasts – Nat Gas Futures Under Pressure from Rising Production Estimates

Brent Crude Oil Hits Two-Month High Amid Geopolitical Tensions

Crude oil markets pulled back a bit during the early hours on Tuesday, but it looks like we are going to continue to find support just below. Because of this, I think the overall upward trajectory should continue over the next several weeks.

Crude Oil Price Forecast – Crude Oil Continues to Find Support

U.S. crude oil is trading just above $81 per barrel as prices have pulled back. West Texas Intermediate and Brent are ahead 5.5% and 4.9%, respectively, for the month.

News for United States Oil Fund LP ETF (USO)