United States Oil Fund LP

USO holds predominantly short-term NYMEX futures contracts on WTI crude oil.

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

Invesco Dynamic Oil & Gas Services ETF

ProShares Ultra Bloomberg Crude Oil

SPDR S&P Oil & Gas Exploration & Production ETF

The Organization of the Petroleum Exporting Countries on Tuesday left its forecast for growth in world oil demand unchanged in 2022 and 2023. In its monthly report, OPEC said oil demand remains on track for a rise of 3.1 million barrels a day in 2022, with the second quarter revised higher amid better-than-anticipated demand in big, developed economies that are members of the Organization for Economic Cooperation and Development, or OECD, with third- and fourth-quarter seeing offsetting revisions.

OPEC leaves forecast for oil-demand growth unchanged in 2022 and 2023

Oil futures rose Tuesday, finding support as concerns around the supply outlook moved back into focus and the U.S. dollar continued its pullback from multidecade highs.

Oil prices attempt 4th straight rise as supply worries move back into focus

Recent data showed China's economy lost further momentum in August, with factory activity extending declines and export growth slowing.

Oil Price Fundamental Daily Forecast – Stronger as Supply Concerns Offset Demand Worries

Oil prices edged up early on Tuesday, extending gains from the previous session as investors worried about tight supply ahead of the winter heating season in the Northern Hemisphere.

Oil prices edge higher on worries over tighter supply

Oil prices have fallen nearly 30% from their peak earlier this year, but oil stocks are down only 12%. Attractive dividends are helping.

Oil Stocks Look Like a Better Bet Than Oil Itself

Oil futures climbed on Monday, with the U.S. benchmark marking its highest settlement month to date. The "bullish trifecta pushing the envelope [Monday] are faltering Iranian nuclear discussions, broad based recovery in the U.S. capital markets and resilient strength in U.S. wage growth," said Manish Raj, chief financial officer at Velandera Energy Partners.

U.S. oil futures settle at highest price of month so far

Prices are still back to levels from before Russia invaded Ukraine at the end of February.

Oil Prices Reverse Earlier Losses as Dollar Falls

Oil futures rose early Monday, on track for a three-day winning streak, as the U.S. dollar continued to pull back from multidecade highs and investors turn their attention to supply issues.

Oil prices on track for 3-day winning streak as dollar extends retreat from recent highs

Oil prices fell at the start of the week as the darkening outlook for the global economy weighed on prospects for demand and the U.S. advanced plans for a cap on Russian crude costs.

Oil Prices Slip on Concerns About Economy and Price Caps

A stronger greenback could lead to lower foreign demand because crude oil is a dollar-denominated commodity.

Crude Oil Price Update – Choppy Trade as Investors Switch to Demand Concerns

Oil prices slipped during Asian trade on Monday as the prospect of further interest rate hikes in the United States and Europe to quell inflation and the imposition of strict COVID-19 restrictions in China overshadowed the global demand outlook.

Oil prices slide as China COVID curbs, possible rate hikes weigh on demand outlook

Bullish traders are locked in on Putin's threat to supply, while the bears are waiting for a global recession and lower demand.

Oil Price Fundamental Daily Forecast – Putin's Supply Threat Spooks Weaker Short-Sellers

U.S. crude has shed about $35 a barrel in three months, and traders are hesitant to make bets, citing an overwhelming amount of uncertainty.

Oil Prices Slump as Recession Fears Grow

Oil futures finished higher on Friday, with supply concerns helping prices pare their loss for the week. Still, "lately it has been mostly bad news for oil prices as demand concerns worsened given China's deteriorating COVID situation, a surprise jump in stockpiles, and on expectations world leaders will continue to exhaust emergency measures to send energy prices lower," said Edward Moya, senior market analyst at OANDA.

Oil futures end higher for the session, modestly lower for the week

Crude oil markets have gone back and forth during the course of the week to form a bit of a supportive-looking candlestick, but at this point, there is a lot of noise just above.

Crude Oil Weekly Price Forecast – Crude Oil Markets Looking to Bounce

Gold made another attempt to settle above $1730. Copper tested resistance at $3.60.

WTI Oil Rallied Towards The $86 Level

The crude oil market rallied significantly on Friday as the US dollar has taken a bit of a dive during the trading session.

Crude Oil Price Forecast – Crude Oil Bounces Into The Weekend

Oil futures rose Friday, extending a bounce off seven-month lows as investors weighed supply worries and a pullback by the U.S. dollar but oil remains on track for a weekly decline.

Oil prices extend bounce, but on track for weekly fall

The market is being underpinned by threats from Russia to halt oil and gas exports to Europe and a small cut to OPEC+ oil output plans.

Crude Oil Price Update – Counter-Trend Buyers Facing Challenge at $85.80

Oil prices edged higher early Friday, climbing off eight-month lows, but were still on track for a second consecutive weekly loss.

Oil Prices Climb but Head for Second Straight Weekly Loss

Renewable energy stocks have been one of the most intriguing sectors for investors.In short, the opportunity in renewable energy is massive

Oil and Gas Stocks: A Safe Way to Invest in Renewable Energy

Oil prices turned down in early trade on Friday after a slight rebound in the previous session, leaving them set to fall for a second straight week on worries that central banks' aggressive rate hikes and China's COVID-19 curbs will hurt demand.

Oil prices retreat on demand destruction fears, benchmarks off 4% for week

A major indicator says oil prices may head lower for years.

Why Oil Prices Are Going Lower

Oil futures ended higher on Thursday, with prices "near-term oversold," following Wednesday's "multi percentage-point drop to multi-month lows," said Tyler Richey, co-editor at Sevens Report Research. Gains for oil came despite a report from the Energy Information Administration that showed an 8.8 million-barrel weekly rise in U.S. crude inventories.

Oil futures finish higher on 'oversold' condition, despite a hefty weekly rise in U.S. supplies

The change in ETF design in 2020 has created real advantages for owning USO vs. spot crude oil or front-month futures in 2022. Market expectations of lower energy prices in a recession could spike USO returns in any new supply shortage situation.

News for United States Oil Fund LP ETF (USO)