Baker Hughes Co

TechnipFMC

Schlumberger

Halliburton

Patterson-UTI Energy

Kodiak Gas Services Inc

Select Energy Services

Archrock

Cactus

Invesco Dynamic Oil & Gas Services ETF

PXJ tracks an index of US companies in the oil and gas services sector that are weighted in tiers. The index uses a multi-factor methodology to select holdings.

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

ProShares Ultra Bloomberg Crude Oil

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

Crude oil markets have bounced a bit during the trading session on Thursday, as it looks like the oversold condition may be trying to correct itself.

Crude Oil Price Forecast – Crude Oil Markets Attempt to Recover

Oil futures rose Thursday, attempting a bounce after a five-day slide that sent the U.S. benchmark back below the $70-a-barrel threshold in the previous session, as crude ended at its lowest since late June.

Oil prices attempt bounce after sliding to 5-month lows

Prices had slipped on Wednesday to the lowest levels since June on the subdued outlook for oil demand.

Oil Prices Bounce Back. $70 a Barrel Could Be a Floor.

Brent and WTI crude rebound, OPEC+ cuts, China's demand, and inventory rise hint at an uncertain, bearish oil market trend.

Oil Prices Forecast: EIA Report, China's Demand Impacts Global Trends

China's oil demand is expected to peak by 2030 at between 780 and 800 million metric tons per year, a research institute affiliated with China National Petroleum Corp (CNPC) said on Thursday.

China oil demand seen peaking by 2030 -CNPC research

Oil prices recouped some of their losses in early Asian trading but remained at the lowest levels since June, after falling in the previous session on high U.S. crude output and gasoline inventories.

Oil prices regain ground after falling to six-month lows

Oil prices fell nearly 4% to their lowest levels since June on Wednesday amid concerns about weak global energy demand and rising gasoline inventories in the U.S.

US crude oil falls below $70, the lowest since June

Oil futures fell for a fifth straight session Wednesday, leading U.S. prices to settle below $70 a barrel for the first time in more than five months. “The market is doubtful about the efficacy of OPEC's latest output cuts,” said Fawad Razaqzada, market analyst at City Index and FOREX.com.

U.S. oil futures fall a fifth session to settle at lowest since late June

Oil traders stay focused on the weakness of oil demand.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives As U.S. Gasoline Stocks Rise

U.S. crude declined nearly 4% on Wednesday with retail gasoline prices hitting the lowest point this year ahead of the holiday shopping and travel season.

U.S. crude drops below $70 per barrel, gas prices fall to 11-month low

Crude oil markets broke down rather significantly during the trading session on Wednesday, as we are now through major support.

Crude Oil Price Forecast – Crude Oil Markets Continue to Break Down

OPEC oil output fell in November in the first monthly drop since July, a Reuters survey found, as a result of lower shipments by Nigeria and Iraq as well as ongoing market-supporting cuts by Saudi Arabia and other members of the wider OPEC+ alliance.

OPEC oil output drops in November, in first fall since July -survey

Oil prices, affected by OPEC+ decisions and China's economic outlook, lead to a decrease in Brent crude and WTI, impacting the global oil market.

Natural Gas and Oil Analysis: Market Reacts to OPEC+ Cuts and China's Demand

Oil futures fell Wednesday morning, on track for a fifth straight losing session, as traders continued to look through additional OPEC+ production cuts, while industry data showed a rise in U.S. crude supplies.

Oil prices on track for fifth straight loss ahead of inventory data

U.S. gasoline prices are the lowest they have been since January and by Christmas could fall below $3 a gallon for the first time since 2021, analysts said, which should boost consumer confidence during the holiday shopping season.

US gasoline pump prices at 11-month low in time for holiday shopping

Oil prices decline amid stronger U.S. dollar with OPEC+ voluntary output cuts, China demand concerns and rising U.S. inventories contributing.

Oil Prices Forecast: WTI, Brent Hit Multi-Month Lows Amid OPEC+ Doubts

Oil prices fell in Wednesday Asian morning trading as markets continue to doubt the impact of OPEC+ cuts and take cues from a worsening demand outlook in China.

Oil prices fall on China concerns, scepticism on OPEC+ cuts

Oil futures on Tuesday stretched their losses into a fourth consecutive session, pulling U.S. prices to their lowest settlement since early July. “The OPEC+ decision was a clear disappointment last week due to both the underwhelming amount of additional [oil] output curbs and the voluntary nature of the 2024 policy cuts,” said Tyler Richey, co-editor at Sevens Report Research.

U.S. oil futures drop to a 5-month low

Crude oil markets initially fell during the trading session on Tuesday, but found support at the very bottom of the recent consolidation area.

Crude Oil Price Forecast – Crude Oil Markets Attempting to Find a Floor

Oil futures on Tuesday threatened to extend their losing streak to a fourth session, extending a decline attributed in part to skepticism over the ability of OPEC+ to deliver on additional production cuts early next year.

Oil prices edge lower after 3-day losing streak

Despite OPEC+'s production cuts, oil prices reflect demand concerns and market skepticism.

Oil Prices Forecast: OPEC Cuts Amid Global Tensions

Oil prices held steady on Tuesday amid uncertainty over voluntary output cuts by OPEC+ and as continued tension in the Middle East spurred supply concern.

Oil prices steady amid OPEC+ cut doubts, Mid-East tension

Oil futures on Monday posted a third-straight session decline, with U.S. prices settling at their lowest since mid-November. Oil prices have remained under pressure on concerns over slowing demand, as well as some skepticism that the OPEC+ output cuts will hold, and the fact that U.S. production continued to break new records, said Michael Hewson, chief market analyst at CMC Markets UK.

U.S. oil futures settle at lowest since mid-November

The crude oil markets have fallen rather hard during the trading session on Monday, as it looks like they are trying to price in the idea of a global recession.

Crude Oil Price Forecast – Crude Oil Markets Pricing In Recession

Oil futures fell Monday, building on a decline last week that came after a round of voluntary production cuts announced by OPEC+ left traders skeptical about compliance.

News for Invesco Dynamic Oil & Gas Services ETF ETF (PXJ)