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 remain subdued under $74, with Saudi Arabia's price cut and a stronger US Dollar adding bearish pressure.

Natural Gas and Oil Analysis: Market Dynamics and Price Movements

Prices defied expectations but could prove more volatile in 2024.

Why Oil Prices Never Surged to $100 This Year

Gasoline prices fell sharply in the second half of 2023. GasBuddy expects more of the same next year.

Americans Can Expect Lower Gas Prices in 2024

Oil futures ticked higher on the final trading day of 2023 Friday, on track for the first losing year since 2020 as concerns about the demand outlook outweighed potential supply disruptions and efforts by OPEC and its allies to limit production.

Oil prices tick higher as crude heads for first losing year since 2020

International oil prices are likely to stay near $80 a barrel in 2024, a Reuters poll showed on Friday, as analysts predicted weak global growth would cap demand, while geopolitical tensions could provide support.

Slow demand set to keep oil price near $80/b in 2024, Reuters poll shows

American drivers can expect lower motor fuel costs for a second-straight year in 2024 as a jump in global refining capacity and a surplus in U.S. gasoline stocks drive down retail prices, according to analysts' forecasts.

US drivers hope for lower pump prices in 2024 as gasoline stocks climb

In the short term, crude oil faces bearish prospects amid uncertainty and geopolitical factors impacting supply and demand.

Oil Prices Forecast: 2023 Loss Marks First Annual Decline in Two Years

Oil prices are set to end 2023 about 10% lower, the first annual decline in two years, after geopolitical concerns, production cuts and global measures to rein in inflation triggered wild fluctuations in prices.

Oil prices to end year 10% lower as demand concerns snap winning streak

TDW stock has doubled in price in 2023, and shares are near a buy point. Tidewater provides field services for offshore oil-and-gas companies.

Offshore Oil Stock Plies Smooth Waters And Doubles Gains

Global shipping firms are moving their vessels back to the Suez Canal.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back As Traders Shrug Off Red Sea Shipping Risks

Oil prices rebound from recent lows as traders react to the EIA report.

Crude Inventories Fall By 6.9 Million Barrels

LONDON, Dec 28 (Reuters) - Oil prices fell more than 1% on Thursday as concerns eased about shipping disruptions along the Red Sea route, even as tensions in the Middle East continue to fester.

Oil prices slide as Red Sea transport disruptions ease

Crude continues to see noisy trading at the end of the year, and Thursday of course was no different.

Crude Oil Price Forecast – Crude Pulls Back Slightly on Thursday

OPEC is facing weakening demand for its crude in the first half of 2024 just as its global market share declines to the lowest since the Covid-19 pandemic on the back of output cuts and member Angola's exit, according to Reuters calculations and data from forecasters.

OPEC faces declining demand and shrinking market share in early 2024

Oil futures fell early Thursday as traders put worries over the potential for shipping disruptions in the Red Sea on the back burner and awaited official data on U.S. crude inventories after an industry report showed an unexpected rise in stocks.

Oil prices extend pullback as Red Sea worries fade

EIA report, Middle East stability, and Fed policy are key drivers of global crude oil supply/demand and pricing.

Oil Prices Forecast: Reaction to Middle East Tensions, EIA Inventories Set Tone

Oil prices fell 3% on Thursday as more shipping companies said they were ready to transit the Red Sea route, easing concerns about supply disruptions as Middle Eastern tensions stay elevated.

Oil prices fall 3% as Red Sea shipping disruptions ease

TOKYO, Dec 28 (Reuters) - Oil prices rose in early Asian trade on Thursday as persistent fears over escalating tensions in the Middle East outweighed easing concerns about transport disruptions as some global shipping firms said they were returning to the Red Sea route.

Oil prices rise amid fears over escalating tensions in Middle East

AP Moller - Maersk A/S

WTI oil settled back below the $75.00 level as traders rushed to take profits after the recent rally.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Prices Drop As Maersk Sends Ships Through The Suez Canal

Crude oil markets pulled back just a bit during the trading session on Wednesday to dip below the short-term support levels, only to find buyers again.

Crude Oil Price Forecast – Crude Oil Markets Pull Back Just a Bit Only to Find Buyers

Oil prices remain well below Q3 highs. But geopolitical concerns have highlighted shares of two offshore services providers.

Oil Prices: A Modest Bounce, Shifting Concerns Highlight Two Services Stocks

Oil prices faced a downturn on Wednesday, with Brent crude and U.S. West Texas Intermediate crude retreating from previous gains amid geopolitical tensions and supply concerns

Natural Gas and Oil Analysis: Geopolitical Tensions and Supply Dynamics

LONDON, Dec 27 (Reuters) - Oil prices fell by $1 a barrel on Wednesday, eating into the previous day's gains as investors monitored developments in the Red Sea, where shippers are returning despite fresh attacks on Tuesday.

Oil down $1 as investors watch Red Sea developments

Oil futures pulled back from December highs early Wednesday as investors continued to monitor developments in the Red Sea amid worries over potential disruptions to crude shipments.

Oil prices pull back from December highs as traders monitor Red Sea developments

Oil prices supported by Middle East strife, supply resilience, and economic shifts boosting global demand.

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