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

Natural-gas futures climbed by more than 8% on Wednesday, supported by a forecast for warmer weather, which is expected to boost demand for the commodity, while oil posted a modest gain in the wake of a steep drop that pulled prices below $100 a barrel. The National Oceanic and Atmospheric Administration's updated six to 14-day outlook predicts hotter-than-normal temperatures across the entire U.S., except for part of the West and a small section of the Southeast, said Christin Kelley, senior commodity analyst at Schneider Electric, in a note.

Natural-gas futures more than 8% higher; oil settles with a modest gain

Crude oil markets were back and forth during the course of the trading session on Wednesday as we are threatening the 200 Day EMA in both grades that I follow.

Crude Oil Price Forecast – Crude Oil Markets Are Threatening the 200 Day EMA

The recent oil price decline hurt domestic production levels.

Oil Price Prediction – Oil Rebounds As Domestic Production Declines

With both headline and Core CPI rising, the Fed is going to have to remain aggressive. This could lead to lower demand for crude oil.

Oil Price Fundamental Daily Forecast – Hotter-Than-Expected Inflation Fuels Demand Fears

Oil futures ticked higher early Wednesday, bouncing modestly after a rout in the previous session that took both the U.S. and global benchmarks back below $100 a barrel.

Oil ticks higher after selloff sends crude below $100 a barrel

Oil supply crisis showing signs of easing, IEA says

Oil prices stabilized Wednesday after registering significant declines the day before on concerns that a looming recession will hurt demand.

Oil Prices Rise After Taking Big Leg Down on Recession Fears

Oil prices fell in early Asian trading on Wednesday as U.S. inventory data showed buildups in crude oil and refined products amid rising fears of a global economic slowdown.

Oil prices slip on anticipated U.S. inventory build amid demand worries

Oil futures fell sharply on Tuesday, with U.S. benchmark crude prices back below $100 a barrel and settling at their lowest since April. "Barring a major supply disruption, oil looks like it is going to trade sub-$100 for a while until the crude demand outlook improves," said Edward Moya, senior market analyst at OANDA.

Oil prices fall below $100 a barrel to settle at a 3-month low

Crude oil markets have fallen rather hard during the trading session on Tuesday as it looks like we are going to threaten the overall trend.

Crude Oil Price Forecast – Crude Oil Markets Coming Unraveled

Today's lower crude oil prices are reflecting rising concerns over lower demand as multiple Chinese cities are adopting fresh COVID-19 curbs.

Oil Price Fundamental Daily Forecast – Prices Dropping as Market Searches for Value Zone

On Tuesday, Treasury Secretary Janet Yellen will hold talks with Japanese officials on the price cap proposal.

Oil prices could jump to $140 per barrel if Russian crude doesn't get a price cap, US Treasury official says

Oil futures fell sharply early Tuesday, with the U.S. benchmark slipping back below $100 a barrel, hampered by a strong dollar and continued worries over COVID-19 restrictions in China.

Oil slumps over 4% as U.S. benchmark slides back below $100 a barrel

"Markets remain torn between recession fears in the US, Europe, and China torpedoing growth and thus, oil consumption," Jeffrey Halley said.

Oil tumbles towards $100, as renewed COVID-19 lockdowns in China and recession fears depress demand outlook

The global price of oil could surge by 40% to around $140 per barrel if a proposed price cap on Russian oil is not adopted, along with sanction exemptions that would allow shipments below that price, a senior U.S. Treasury official said on Tuesday.

Failure to implement Russian oil price cap could jack up oil prices - U.S. official

Oil prices fell on Tuesday as fresh COVID-19 curbs in China, the world's biggest crude importer, and fears of a global economic slowdown weighed on the fuel demand outlook.

Oil slides as renewed China COVID curbs temper fuel demand outlook

Investors dumped petroleum-related derivatives last week at one of the fastest rates of the pandemic era as recession fears intensified.

Crude Oil Price Update – Market Rebounding from Worries Over China Demand

"I think the Russians are going to get more aggressive going into December," RBC's Helima Croft said.

Oil is being tamed by recession fears but Russia's 'weaponization' of commodities could push prices higher again, RBC's commodities chief says

Crude oil markets have pulled back a bit during the session on Monday, as we continue to see a lot of hesitation when it comes to directionality.

Crude Oil Price Forecast – Crude Oil Markets Continue to Struggle

A mixture of demand and supply-side constraints are weighing on oil markets, but largely it is recession risks that are in play right now.

Oil slides more than 4% after Russia's total cut in natural gas supplies to Europe raises fears of recession

The biggest story in markets today is oil, and how one Wall Street firm is making a contrarian call for the key commodity to turn lower.

Oil prices could still crater with or without a recession. An analyst explains why.

The U.S. CFTC reported that through July 5, energy market speculator bets were mostly lower during this time period.

Oil Price Fundamental Daily Forecast – Lower as Traders Brace for New Mass COVID Testing in China

Oil prices were unsteady on Monday, with Brent trading higher on supply concerns while West Texas Intermediate (WTI) dipped, as traders balanced supply concerns against worries about a recession or China's COVID-19 curbs hitting demand.

Oil mixed as market weighs tight supply against recession jitters

Other Wall Street analysts think oil prices are heading back higher. Citi reckons they'll fall sharply to $85 a barrel by December — or $65 if recession hits.

A Citi strategist explains why oil prices are going to tumble by the end of the year, even if economies avoid a recession

We're expecting heightened volatility in the crude oil market because one strong employment report is not enough to erase the threat of a recession.

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