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

Oil prices were steady in early Asian trading on Friday, but were poised to end the week lower as downward revisions to U.S. employment data raised demand concerns and ceasefire talks in Gaza eased worries about supply disruptions.

Oil set to end week lower on demand concerns, easing supply woes

Crude oil tests key support at 72.82 within a large symmetrical triangle. A breakout or breakdown could trigger significant volatility in the coming days.

Crude Oil Price Forecast: Maintains Critical Support; Awaiting Breakdown or Bull Reversal

The crude oil market continues to see a lot of noisy behavior, as the markets have seen yet another lackluster inventory report in the US. This suggests that the market will perhaps continue to see demand drop a bit.

Crude Oil Price Forecast – Crude Tries to Bounce From Extreme Low

The U.S. benchmark is now up just 0.91% for the year, while Brent has erased all of its gain for 2024. Demand is slowing in China as drivers switch from gas to electric vehicles and trucks transition to liquid natural gas from diesel.

U.S. crude oil holds above $72 per barrel after erasing most of 2024 gain

Oil futures edged higher Thursday, consolidating after ending the previous session at their lowest since January, following revised U.S. jobs data that stoked worries about the outlook for crude demand.

Oil steadies after demand fears spark slide to 7-month lows

WTI futures drop 6.9% since mid-August as weak demand and potential OPEC+ supply hikes pressure oil prices. Bearish outlook persists.

Oil News: OPEC+ Output Uncertainty Fuels Bearish Oil Outlook

The Greek-flagged oil tanker Sounion suffered "minor damage" following strikes off the Yemeni coast, which ignited a fire onboard. The vessel was left adrift in the Red Sea.

Oil tanker left adrift and ablaze after Red Sea attack

A double bottom pattern at $71.40 suggests WTI Crude Oil could be poised for a significant price rebound in the near term.

Natural Gas and Oil Forecast: WTI Targets $71.40 Rebound, Double Bottom Alert

A sharp sell-off in crude oil paused on Thursday after expectations of a rate cut by the Federal Reserve offset a bunch of weak economic data from the world's two largest economies, the United States and China.

Oil prices slow sell-off as expectations of Fed rate cut grow

Oil markets remain under strong pressure.

Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Tests $72.00 As Traders React To EIA Data

Gasoline inventories decreased by 1.6 million barrels from the previous week.

Crude Inventories Declined By 4.6 Million Barrels

The crude oil markets continue to attempt to build some kind of base at this point in time, as the markets are looking to determine supply constraints, demand, and geopolitical issues. Oil should remain volatile to say the least.

Crude Oil Price Forecast – Crude Oil Continues to Build a Base

Brent crude oil has seen a decline to 77.07 USD a barrel on Wednesday, influenced by unexpected shifts in U.S. energy inventories and ongoing geopolitical developments. The analysis of Brent prices highlights key factors contributing to this downturn.

Brent Oil Falters Amid Surprising Inventory Growth And Geopolitical Developments

Oil futures hovered near unchanged Wednesday morning, consolidating as investors awaited official data on U.S. crude inventories after a three-day losing streak that took crude to two-week lows.

Oil prices steady after 3-day losing streak

U.S. crude exports set to plateau in 2024, signaling potential price pressures as global demand, especially from China, slows.

Oil News: U.S. Crude Exports Set to Plateau Amid Weak Oil Demand from China

With WTI hovering at $73, the market faces uncertainty. Is a deeper downtrend ahead, or could a rebound be on the horizon?

Natural Gas and Oil Forecast: WTI at $73, Will the Downtrend Continue?

Oil prices slipped on Wednesday on estimates showing swelling U.S. crude inventories and expectations that tensions in the Middle East were easing following a tour of the region by mediators.

Oil prices down on swelling US crude stocks, easing Middle East tensions

Crude oil's bearish retracement found support at $73.87. A reversal is possible, targeting $81.96, if lower resistance levels are overcome.

Crude Oil Price Forecast: Tests Support at $73.87 Amid Bearish Retracement

Oil traders stay focused on Gaza ceasefire deal negotiations.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Remains Under Pressure As Middle East Tensions Ease

The crude oil market continues to see a lot of noise at low levels, as the traders around the world are looking into the idea of whether or not we can find a foothold. At this point, this is a market that is trying to sort itself out for a

Crude Oil Price Forecast – Crude Continues to Try to Find Bottom

Soft demand in Asia is weighing on oil prices. The U.S. is still trying to clinch a cease-fire deal in Gaza.

U.S. crude oil holds steady above $74 per barrel after selling off

Decades ago, during a presidential election, I created a homemade political button which read “54 40 or fight.” That was the slogan of those who wanted the U.S. to seize all of Oregon country, which is now Oregon in the U.S. and British Columbia in Canada.

Don't Expect Oil Price Controls, No Matter Who Wins

Oil futures edged higher Tuesday morning, consolidating after ending the previous session at their lowest since Aug. 6 in response to hopes for a cease-fire between Israel and Hamas as well as concerns over China's demand for crude.

Oil prices edge higher after ending at nearly 2-week low

Oil prices drop as Israel-Gaza ceasefire talks ease Middle East tensions, removing the war premium and highlighting weak demand from China.

Oil News: Israel-Gaza Ceasefire Talks Crush War Premium, Bearish Outlook Ahead

WTI Crude Oil has dipped to $73, breaking below key support levels—will this mark the beginning of a prolonged downtrend?

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