iPath Pure Beta Crude Oil ETN

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The Wagner Group's attempted coup over weekend in Russia cast some doubt over Russian President Vladimir Putin's political power, and raised uncertainty surrounding the production outlook for the one of the world's biggest oil producers.

Russia's Putin survives short-lived Wagner Group mutiny. Here's what that means for oil.

Russia's oil exports were not hit during the turmoil, but oil traders stay bullish at the start of the week.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Move Higher After A Turbulent Weekend In Russia

Crude oil markets were somewhat negative during the Monday session, as we have pulled back slightly.

Crude Oil Price Forecast – Crude Oil Markets Were Quiet During the Negative Monday Session

Oil futures edged higher early Monday, as traders largely took in stride a short-lived mutiny by Russia's Wagner Group that raised questions about President Vladimir Putin's grasp on power.

Oil prices edge higher after Russia's short-lived Wagner mutiny

Oil prices fell on Monday after a revolt by Russian mercenaries over the weekend, though the political instability did not appear to pose an immediate threat to oil supply from one of the world's largest producers.

Oil markets shrug off Russian political turmoil

Global oil demand is set to rise to 110 million barrels a day by 2045, according to OPEC.  That's because oil is "irreplaceable" and widespread migration is expected over the next seven years.

Oil is here to stay with global demand set to jump 23% to 110 million barrels a day by 2045, OPEC says

Gains in oil prices evaporated on Monday after a brief and chaotic insurrection in Russia, with investors questioning whether the turmoil in Moscow could disrupt global energy supplies.

Oil price gains evaporate after short-lived Wagner insurrection in Russia

Global oil demand will rise to 110 million barrels a day in two decades, bringing the world's energy demand up 23%, said OPEC.

OPEC says oil demand will hit 110 million barrels per day in 2045

Revolt in Russia sparks concerns about stability and oil supply, prompting White House engagement and contingency planning for potential disruptions.

Oil Price Forecast: Russia's Political Instability Sparks Supply Worries

Global oil market fundamentals are expected to remain sound for the rest of the year, underpinned by healthy demand in developing countries, especially in China and India, Saudi Aramco CEO Amin Nasser said on Monday.

Global oil market fundamentals sound for rest of 2023 - Aramco CEO says

An armed rebellion in Russia stoked fears energy supplies would be impacted by potential unrest in one of the world's largest oil producer nations.

Oil prices climb after Russia mutiny stoke fears of supply disruption

Oil prices rose in early Asian trade on Monday after a failed mutiny by Russian mercenaries over the weekend raised concerns about political instability in Russia and the potential impact on oil supply from one of the world's largest producers.

Oil climbs on concerns Russia political issues may impact supply

U.S. stock-index futures opened near unchanged and attempted to edge higher Sunday night, as investors reacted to chaotic weekend events that saw a short-lived rebellion that pitted the mercenary Wagner Group against the Russian military leadership. After advancing to within around two hours of Moscow, the mutiny was abruptly halted, with Wagner Group leader Yevgeny Prigozhin reportedly agreeing to depart for Belarus.

U.S. stock futures little changed after short-lived Wagner mutiny in Russia; oil futures rise

Oil markets are moving away from recent lows despite recession worries.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Rebound From Weekly Lows

Crude oil markets have fallen during the week as we continue to consolidate in the same range we have been in for a while.

Crude Oil Weekly Price Forecast – Crude Oil Markets Fall for the Week

Crude oil markets fell significantly during the trading session on Friday again, as it looks like we are probing toward the bottom of the recent consolidation area.

Crude Oil Price Forecast – Crude Oil Markets Get Hammered Again

Oil futures fell Friday and were on track for weekly declines after a flurry of rate increases around the world this week heightened fears of a sharp economic slowdown.

Oil prices extend fall after rate hikes, head for weekly loss

U.S. WTI crude oil futures are extending their decline, raising concerns over demand amidst interest rate hikes and a strong dollar.

Oil Price Forecast: Futures Extend Decline Amidst Demand Concerns

Oil prices were little changed in early trading on Friday but were headed for a 3% drop for the week on worries about the outlook for fuel demand after a bigger-than-expected interest rate hike in the UK and warnings about looming U.S. rate hikes.

Oil steadies after sliding on UK rate hike

Oil markets are down by roughly 4% as traders fear that rate hikes will hurt economic growth.

Natural Gas, WTI Oil, Brent Oil – Oil Markets Retreat As Traders Focus On Rate Hikes

Oilfield activity slowed further this quarter, according to the latest survey of energy executives by the Federal Reserve Bank of Dallas, with declines in oil production and gas output indices.

U.S. oilfield activity slipped in second quarter - Dallas Fed

Powell's hawkish comments and the aggressive rate hike from the BoE put pressure on the oil markets.

WTI Oil Falls Below $70 Despite Bullish EIA Report

Crude oil got whacked during the trading session on Thursday, as we continue to see the global concerns of a slowdown work against it.

Crude Oil Price Forecast – Crude Oil Plunges

Oil futures pulled back Thursday, with traders unable to shake worries about global economic growth as central banks tighten monetary policy.

Oil prices slide as investors weigh interest rate hikes, inventory data

Crude oil futures are lower as rate hike concerns arise, but an unexpected draw in API stocks provides a boost to market sentiment.

News for iPath Pure Beta Crude Oil ETN Stock (OIL)