United States Brent Oil Fund LP

BNO tracks the Brent oil spot price using near-month ICE futures contracts.

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

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

Oil investors appear to be adjusting expectations for tight crude supplies later this year, with the gap between nearer-term and further prices weakening despite the OPEC+ producers' group plan to deepen production cuts.

Oil futures market signals less worry over tightening supply

The International Energy Agency predicts global oil demand growth will fall to half the rate seen in the past two years by 2024 as the US looks for two-thirds of cars to be electric by 2032.

Oil demand growth to slow by half next year during clean energy push: IEA

Oil demand continues to rise. Meanwhile, supplies remain constrained as OPEC and U.S. producers keep a lid on production.

Why a Return of $100 Oil Seems Likely in the Coming Years

JPMorgan cut its oil price forecasts for this year and 2024 as it sees global supply growth offsetting a record rise in demand, while inventory build-up lowers the risk of price spikes.

JPMorgan cuts oil price outlook on oversupply concerns

International Energy Agency says demand will grow by 2.4m barrels a day in 2023 to record 102.3m

Peak in global oil demand ‘in sight before end of decade'

The International Energy Agency predicted Wednesday that demand for oil will fall to 400,000 barrels a day in 2028—a drastic fall from 2.4 million barrels a day currently.

Oil Demand Will Peak By Decade End As Countries Move Away From Fossil Fuels, IEA Says

Oil futures rose early Wednesday, turning positive for the week as investors awaited official data on U.S. petroleum inventories and a Federal Reserve interest rate decision.

Oil futures rise ahead of Fed decision, inventory data

Global oil demand could peak before the end of this decade as the energy crisis has accelerated the transition to cleaner technologies, the International Energy Agency has said.  "The shift to a clean energy economy is picking up pace, with a peak in global oil demand in sight before the end of this decade as electric vehicles, energy efficiency and other technologies advance," IEA Executive Director Fatih Birol said in a statement.

Oil demand could peak by 2030 on shift to greener fuels

Rising demand for crude oil is set to slow to a trickle within five years and peak before the end of the decade, as electric-vehicle uptake surges and developed nations rapidly transition to cleaner sources of energy, according to a prominent energy forecaster.

Oil demand to peak this decade as electric-vehicle uptake accelerates, IEA says

The energy forecaster raised its expectations for 2023 on the back of strong demand from China, but expects demand growth to slow to a trickle within five years as developed nations rapidly shift to cleaner sources of energy.

Oil Demand to Peak This Decade as EVs Boom, IEA Says

Global oil demand is poised to peak before the end of this decade, according to IEA chief Fatih Birol.

Global oil demand to peak before the end of the decade as energy transition gathers pace, IEA says

The boost to oil demand growth from the post-pandemic recovery is set to end this year, the International Energy Agency (IEA) said on Wednesday, with economic challenges and the transition to cleaner fuels sapping growth from 2024.

Economic outlook and energy transition to curb oil demand growth from 2024

WTI crude oil prices rise as investors await Fed meeting and data, fueled by potential rate hike pause, stimulating demand.

Oil Price Forecast: Fed Rate Decision, China Economic Data Sets the Tone

Oil prices inched higher on Wednesday after industry data showed an unexpected rise in U.S. crude stocks, signalling weak demand to markets already worried about recession and disappointing Chinese economic data.

Oil prices dip after unexpected rise in US crude stocks

Oil prices will remain under pressure until the Fed eases up on monetary tightening, Bank of America said. Meanwhile, Saudi Arabia is trying to boost oil prices by cutting production.

Oil prices are facing a 'battle royale' between Saudi Arabia and the Federal Reserve, Bank of America says

Oil traders bet that China will provide more support to its economy.

Natural Gas, WTI Oil, Brent Oil – Oil Soars As China Cuts Short-Term Rates

Oil prices climbed Tuesday as China tries to boost growth amid a disappointing post-COVID rebound. The People's Bank of China unexpectedly trimmed its short-term lending rate.

Oil prices jump as China looks to kickstart its economy while Wall Street eyes Fed pause

The crude oil market has rallied a bit during the trading session on Tuesday, as it looks like we are trying to recover.

Crude Oil Price Forecast – Crude Oil Bounces Slightly During the Session on Tuesday

The group accelerated its efforts to tighten the oil market as a handful of the group's largest members sharply slashed output as planned.

OPEC Production Slumps as Voluntary Cuts Bite

Oil futures bounced early Tuesday, finding support after China's central bank on Tuesday cut a key policy interest rate.

Oil prices bounce after China central bank cuts key rate

OPEC left its 2023 global oil demand growth forecast steady for a fourth month on Tuesday, although the producer group warned that the world economy faced rising uncertainty and slower growth in the second half of the year.

OPEC holds 2023 oil demand view steady, warns on economic outlook

The Organization of the Petroleum Exporting Countries on Tuesday left its forecast for growth in global oil demand unchanged for 2023 at 2.3 milion barrels a day, or mb/d. In its monthly report, OPEC made small downward adjustments to forecast demand from countries in the Organization for Economic Cooperation and Development, a group made up of rich countries, which were offset by minor upward adjustments due to “better-than-expected performance” in China's economy.

OPEC leaves outlook for global oil-demand growth unchanged

WTI crude oil rebounds as cautious investors seize bargains amid selling pressure before US consumer inflation report and Fed rate decision.

Oil Price Forecast: Technical Rebound Ahead of US CPI Data, Fed Rate Decision

Oil prices inched higher on Tuesday on bargain hunting, recovering some ground from the previous day's plunge, but gains were limited as investors remained cautious ahead of key policy decisions by the U.S. Federal Reserve and other central banks.

Oil prices inch higher on bargain hunting ahead of Fed rate decision

Goldman Sachs reduced its December forecast for WTI oil from $89 to $81.

News for United States Brent Oil Fund LP ETF (BNO)