ConocoPhillips

EOG Resources

Marathon Petroleum

Phillips 66

Diamondback Energy

Hess

Texas Pacific Land Trust

Valero Energy

Devon Energy

iShares U.S. Oil & Gas Exploration & Production ETF

IEO tracks a market cap weighted index of companies in the U.S. oil and gas exploration and production space according to Dow Jones.

United States Brent Oil Fund LP

Invesco DB Oil Fund

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

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

The crude oil market bounced a bit in the early hours of Monday, as the market continues to see plenty of reasons for a potential rally. This time of year, is typically bullish, and the geopolitics of the Middle Erast is almost always a potential bullish factor as well.

Crude Oil Price Forecast – Crude Oil Continues to Look Strong Overall

Oil prices are moving higher after snapping a three week losing streak. Traders are sifting through what mixed economic data out of China may mean for demand.

Oil prices rise after booking best week since April as traders sift through China economic data

Oil futures edged higher early Monday, holding their ground after an initial dip following data that showed a fall in China crude demand in May.

Oil prices hold ground after slowdown in China crude demand

he Biden Administration has made cutting carbon emissions that are overheating the planet and throwing weather patterns out of balance a top priority, aggressively promoting electric vehicles and all forms of clean energy. Not surprisingly, that's not sitting well with companies that make enormous profits selling fossil fuels.

Big Oil Strikes Back

The anticipated increase in demand from the summer driving season and potential inventory drawdowns support a positive trend for crude oil prices.

Crude Oil News Today: Steady Despite Mixed Chinese Data

Despite mixed signals and a dip on Friday, oil prices ended the week higher, sparking hopes of a bullish reversal.

Natural Gas and Oil Forecast: Oil Supported, Bullish Bounce Ahead?

The Biden administration is ready to release more oil from the U.S. strategic stockpile to stop any jump in petrol prices this summer, the Financial Times reported on Monday.

US ready to reopen oil stockpile if petrol prices surge again, FT reports

Oil prices slipped in early Asian trading on Monday after a survey on Friday showed weaker U.S. consumer demand and as traders awaited the release of key economic data from China, the world's biggest crude importer.

Oil prices inch down on weaker US consumer demand ahead of China data

The overall market sentiment remains cautiously bullish, with strong demand projections and constrained supply likely to support crude oil prices.

Oil Prices Forecast: Will Demand Surge Continue to Drive Gains?

The crude oil market has had a strong week, as the markets have been continuing to see a lot of sideways action over the longer term, or at least for the last 18 months. The markets will continue to be interested in geopolitics, wars, and global growth – or lack of.

Crude Oil Weekly Price Forecast – Crude Oil Continues to Consolidate Longer-term

Oil prices are moving higher as traders bet on strong demand for oil in the second half of the year.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Traders Stay Bullish

The crude oil market continues to see a lot of noisy back and forth behavior, as the global markets are trying to price in war, geopolitics, slowing economies, and inflation at the same time. However, this is a time of year that typically is positive.

Crude Oil Price Forecast – Crude Oil Continues to See Choppiness

Oil prices are up more than 4.5% for the week, the strongest gains since early April. Oil remains well below annual highs set in April but has regained ground after a sell-off last week pushed prices to four-month lows.

Oil prices on pace for best week in more than two months as forecasts point to tighter market

Oil futures were little changed early Friday, remaining on track for solid weekly gains that have more than erased the tumble seen after OPEC+ on June 2 announced a plan to begin phasing in the return of around 2.2 million barrels a day of crude later this year.

Oil prices on track for weekly gains, rebounding from post-OPEC+-decision slide

Demand projections are strong, but market conditions suggest caution as crude oil traders await clearer signs of increased fuel consumption.

Crude Oil News Today: Poised for Strongest Weekly Gains Since April

The Federal Reserve met in June, holding interest rates steady, pointing to one rate cut in 2024, and pushing their inflation forecasts higher. The meeting went as expected, with inflation remaining well above the Federal Reserve's target rate.

Forget The Fed Meeting, We Have An Oil Problem On Our Hands

With WTI Crude Oil reaching $78.15, strong demand forecasts and steady interest rates suggest bullish momentum. Is it time to buy?

Natural Gas and Oil Forecast: WTI Hits $78.15 as Demand Surges; Buy Now?

Oil prices fell on Friday but were on track for their first weekly gain in four weeks as markets assessed the impact of higher-for-longer U.S. interest rates versus solid outlooks for crude and fuel demand this year.

Oil prices on track for weekly gain on solid demand outlook

Crude oil reached resistance at 79.46, forming a shooting star candlestick pattern, indicating a potential pullback as it remains in a downtrend.

Crude Oil Price Forecast: Faces Pullback After Hitting Resistance

Oil prices are stabilizing after the strong rebound from June lows.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Are Mostly Flat Despite Dollar's Rebound

OPEC sees oil demand growing by 25 million barrels per day in the developing world through 2045, with China and India alone contributing 10 million bpd. OPEC Secretary General Haitham Al Ghais called for continued investment in fossil fuels to prevent a shortfall, pushing back on predications of peak oil demand by 2030.

OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand prediction

OPEC does not see a peak in oil demand in its long-term forecast and expects demand to grow to 116 million barrels a day by 2045, and may be higher, the secretary general said on Thursday.

OPEC sees no peak oil demand long term, secretary general says

Russia's energy ministry said on Thursday that its oil production in May exceeded quotas set by the OPEC+ group of major oil producing countries, while pledging to meet its obligations.

Russia's oil output exceeded OPEC+ quotas in May, pledges to meet obligations

Crude oil continues to make a lot of noise at this point in time, and therefore it makes a lot of sense that people are trying to pick it back up, finding value in these drops. Whether or not that holds remains to be seen, but I am bullish overall.

Crude Oil Price Forecast – Crude Oil Continues to Show Resilient Behavior

The advance in oil futures has taken a pause after new U.S. inventory data this week did not provide support, together with Wednesday's Federal Reserve meeting. Still, oil prices have gained about 3% this week.

News for iShares U.S. Oil & Gas Exploration & Production ETF ETF (IEO)