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Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares

GUSH provides 2x daily exposure to an equal-weighted index of the largest oil and gas exploration and production companies in the US.

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WTI climbs above $70 as markets eye OPEC+ decisions. Can weak Chinese demand and geopolitical risks shift trends?

Natural Gas and Oil Forecast: Will OPEC+ Delay Output Amid Volatile Demand?

Goldman Sachs expects Brent prices to average around $80 per barrel this year, despite a 2024 deficit and geopolitical uncertainty, citing an anticipated 0.4 mb/d surplus next year, the bank said in a note on Thursday.

Goldman Sachs expects oil prices to average around $80/bbl in 2024

Oil prices rose on Friday after Russia said it had fired a ballistic missile at Ukraine and warned of a broadening conflict, raising the prospect of tightening crude supplies.

Oil rises as intensifying Ukraine war increases supply risk

Oil edged higher in early Asian trade. The escalation of the Russia-Ukraine war was pushing prices higher.

Oil Rises on Worries Over Escalation of Russia-Ukraine War

Crude oil rallies from a recent low, testing a resistance zone, with potential for either a breakout or a bearish pullback in the near term.

Crude Oil Price Forecast: Crude Oil Continued to Creep Higher Within Consolidation

Oil prices continue to rebound from November lows.

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

The crude oil markets continue to see a bit of positivity, as the market has bounced from a low level, which has been the bottom of the last couple of years. With this, the markets continue to see a lot of concerns around the world as far as demand, and

Crude Oil Price Outlook – Crude Oil Continues to See Bounce

Oil prices were surging over 2% on Thursday morning after Ukraine claimed that Russia launched an intercontinental ballistic missile in what would be the first use in war of a weapon designed to deliver long-distance nuclear strikes.

Oil prices climb 2% on further escalation in Russia-Ukraine missile exchange

Russian President Vladimir Putin held a phone call with Iraqi Prime Minister Mohammed Shia al-Sudani on Thursday during which they discussed the OPEC+ oil agreement and the situation in the Middle East, the Kremlin said.

Russia's Putin, Iraqi PM discuss OPEC+ coordination on oil price stability

Geopolitical risks and rising U.S. inventories challenge oil recovery as OPEC+ debates delaying production increases.

Natural Gas and Oil Forecast: Will OPEC+ Output Cuts Delay Price Recovery?

The oil market shows no clear direction while the natural gas price surged higher on strong demand.

Oil and Natural Gas Technical Analysis: Geopolitical Tensions and Seasonal Demand

Oil prices edged higher on Thursday due to supply concerns triggered by escalating geopolitical tensions amid the ongoing war between Russia and Ukraine.

Oil prices firm as geopolitical tensions raise supply concerns

Oil rose in the morning Asian session. The ongoing escalation of the Russia-Ukraine conflict could impact the oil market as traders assess the possible developments, Exness said.

Oil Rises Amid Ongoing Geopolitical Tensions in Europe

Heating demand spikes as colder weather sweeps across the U.S., driving natural gas futures to a five-month high. Will bullish momentum continue?

Natural Gas, WTI Oil, Brent Oil Forecasts – Cold Weather Lifts Gas, Oil Faces Pressure

The crude oil market has been back and forth for some time, as the markets are trying to sort out where to go next. At this point, this is a market that is trying to form a bit of a bottom, as the market is now near the lower part

Crude Oil Price Forecast – Crude Oil Continues to Bounce Around

Crude oil inventories rise despite refinery slowdown; imports surge, but demand weakness in distillates points to a bearish outlook for oil prices.

EIA: U.S. Crude Stocks Rise as Imports Surge, Refinery Activity Slows

U.S. crude oil inventories rose last week as an increase in imports offset a decline in production, while refineries ran at a lower rate than the week before.

U.S. Crude Oil Stockpiles Increase Amid Higher Imports

OPEC+ will have little room to manoeuvre on oil policy when it meets in December: it would be risky to increase output because of weak demand, and difficult to deepen supply cuts because some members want to pump more, sources and analysts said.

OPEC+ may stick with deep oil cuts for longer due to weak demand

Crude-oil prices climbed on Wednesday, building on gains from earlier in the week as traders assessed fresh supply data while monitoring geopolitical developments on several fronts.

Oil prices climb as Russia says it's ready to talk ceasefire in Ukraine

Haitham Al Ghais said global warming talks should focus on cutting emissions not picking energy sources.

OPEC Secretary General tells COP29 oil is a gift from God

Oil prices rise on geopolitical risks and technical support. Traders eye $70.72 resistance for signs of a potential breakout toward $73.07.

Oil News: Will Crude Break $70.72 as Geopolitical Risks Intensify?

Brent oil hovers near $73.83 resistance. Will bullish momentum break key levels or shift to bearish trends?

Natural Gas and Oil Forecast: Is a Breakout Above $73.85 on the Cards for Brent?

Oil edged higher in the morning Asian session, supported by rising geopolitical tensions in Europe which could increase the risk of oil-supply disruptions.

Oil Edges Higher, Supported by Rising Geopolitical Tensions in Europe

Oil edged up on Wednesday amid an escalation in the Ukraine war and signs of growing Chinese crude imports, while rising U.S. crude stocks checked overall price gains.

Oil nudges up on escalating Ukraine war, signs of improving China demand

Global oil futures benchmark Brent has largely held its price floor above $70 per barrel for much of November having threatened to breach it at one point and it looks set to stay there for now.

News for Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares ETF (GUSH)