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Oil prices climb from 2-month lows as Trump axes Chevron's Venezuela license

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Sentiment: Positive ()

Oil prices edged up from two-month lows on Thursday after U.S. President Donald Trump announced a reversal of a license given to Chevron to operate in Venezuela, potentially tightening crude …

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image for news Oil prices climb from 2-month lows as Trump axes Chevron's Venezuela license
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Lows After EIA Report

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Sentiment: Negative ()

Trump's tariff threats served as an additional bearish catalyst for oil markets.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Lows After EIA Report
Crude Inventories Fall By 2.3 Million Barrels; WTI Oil Tests Session Lows

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Sentiment: Neutral ()

Gasoline inventories increased by 0.4 million barrels from the previous week.

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image for news Crude Inventories Fall By 2.3 Million Barrels; WTI Oil Tests Session Lows
Oil major BP boosts annual fossil fuel spending to $10 billion in strategy reset

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Sentiment: Positive ()

British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion as part of a fundamental strategic reset.

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image for news Oil major BP boosts annual fossil fuel spending to $10 billion in strategy reset
Natural Gas and Oil Forecast: Geopolitical Tensions Fuel Uncertainty in Energy Markets

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Sentiment: Negative ()

Geopolitical tensions and shifting supply dynamics drive market volatility. Key levels to watch for price movement.

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image for news Natural Gas and Oil Forecast: Geopolitical Tensions Fuel Uncertainty in Energy Markets
Oil is the 'driver of the world,' says former Keystone Pipeline worker

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Sentiment: Neutral ()

Former Keystone Pipeline worker Bugsy Allen discusses how detrimental the Biden administration was to the oil industry and how it will improve under President Donald Trump on ‘The Evening Edit.'

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image for news Oil is the 'driver of the world,' says former Keystone Pipeline worker
Oil prices of $70-$85 per barrel work well for OPEC, Goldman Sachs' Struyven says

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Sentiment: Neutral ()

Daan Struyven, co-head of global commodities research and head of oil research at Goldman Sachs, discusses the outlook for oil markets and gold prices.

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image for news Oil prices of $70-$85 per barrel work well for OPEC, Goldman Sachs' Struyven says
Crude Oil Price Forecast: Bearish Correction Deepens as Sellers Maintain Control

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Sentiment: Negative ()

Oil prices fell further, nearing critical support around $67. A decisive break could extend losses, while historical corrections suggest a potential bottom forming soon.

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image for news Crude Oil Price Forecast: Bearish Correction Deepens as Sellers Maintain Control
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests Multi-Week Lows

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Sentiment: Negative ()

Disappointing economic reports and tariff threats pushed oil markets to new lows.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests Multi-Week Lows
Crude Oil Price Outlook – Crude Oil Continues to Look for the Bottom

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Sentiment: Positive ()

The crude oil grades that I follow at FX Empire both look as if they are trying to find some kind of bottom here. However, we do not have the …

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image for news Crude Oil Price Outlook – Crude Oil Continues to Look for the Bottom
Natural Gas and Oil Forecast: Will Demand Growth Sustain Upward Momentum?

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Sentiment: Neutral ()

Natural Gas and Oil Forecast: Geopolitical tensions drive volatility. Key resistance and support levels to watch amid demand and supply shifts.

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image for news Natural Gas and Oil Forecast: Will Demand Growth Sustain Upward Momentum?
Oil prices gain for a second day as US sanctions on Iran raise supply concerns

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Sentiment: Positive ()

Oil prices rose for a second day on Tuesday as the U.S. imposed fresh sanctions on Middle Eastern producer Iran that increased concerns supply might tighten.

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image for news Oil prices gain for a second day as US sanctions on Iran raise supply concerns
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As U.S. Imposes New Sanctions On Iran

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Sentiment: Positive ()

Oil markets try to gain upside momentum after the recent sell-off.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As U.S. Imposes New Sanctions On Iran
Oil prices attempt to hold ground after Friday slump

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Sentiment: Neutral ()

Oil futures attempted to find their footing Monday, after ending last week with a rout that accompanied a steep selloff in U.S. stocks.

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image for news Oil prices attempt to hold ground after Friday slump
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Dive 2.5% Ahead Of The Weekend

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Sentiment: Negative ()

Oil traders are worried about a potential slowdown of the U.S. economy.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Dive 2.5% Ahead Of The Weekend
Crude Oil Price Outlook – Crude Oil Continues to Drift

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Sentiment: Negative ()

The crude oil markets look a bit negative in the early hours of Friday, as the market doesn't seem to have any real conviction one way or the other.

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image for news Crude Oil Price Outlook – Crude Oil Continues to Drift
Oil heads for weekly gains on supply worries, but remains stuck in range

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Sentiment: Positive ()

“A number of decisions are pending

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image for news Oil heads for weekly gains on supply worries, but remains stuck in range
Natural Gas and Oil Forecast: Will Tight Supply Keep Prices Elevated?

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Sentiment: Negative ()

Geopolitical uncertainty and demand expectations are shaping the natural gas and oil market outlook. What's next for prices?

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image for news Natural Gas and Oil Forecast: Will Tight Supply Keep Prices Elevated?
Crude Oil Price Forecast: Struggles at 50-Day MA, Downtrend Still Intact

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Sentiment: Negative ()

Resistance at the 50-Day MA halted crude oil's rebound, keeping the downtrend intact unless prices break above $72.64, with downside risks toward $70.03.

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image for news Crude Oil Price Forecast: Struggles at 50-Day MA, Downtrend Still Intact
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs After EIA Report

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Sentiment: Positive ()

Oil markets test weekly highs as traders stay bullish amid supply worries.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs After EIA Report
Oil prices up slightly after industry data shows rise in U.S. crude inventories

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Sentiment: Neutral ()

Oil futures ticked up slightly Thursday after industry data showed a rise in U.S. crude inventories ahead of official figures.

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image for news Oil prices up slightly after industry data shows rise in U.S. crude inventories
Natural Gas and Oil Forecast: Will Geopolitical Tensions Drive Prices Higher?

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Sentiment: Negative ()

Geopolitical tensions impact natural gas and oil prices. Discover how supply risks and trade policies shape market sentiment.

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image for news Natural Gas and Oil Forecast: Will Geopolitical Tensions Drive Prices Higher?
Oil prices ease after report of US crude inventories rise

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Sentiment: Neutral ()

Oil prices edged lower on Thursday after an industry report showed a build in U.S. crude stockpiles and as tariff concerns weighed on sentiment, falling back from gains made in …

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image for news Oil prices ease after report of US crude inventories rise
Crude Oil Price Outlook – Crude Oil Rallies Early on Wednesday

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Sentiment: Positive ()

The crude oil market continues to see a lot of noisy trading, but at this point in time, the markets looks as if we are supported overall.

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image for news Crude Oil Price Outlook – Crude Oil Rallies Early on Wednesday
Oil prices tick higher on uncertainty over supply

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Sentiment: Positive ()

Oil futures rose Wednesday, finding support on curtailed supply from Russia as traders also monitor talks aimed at ending the war in Ukraine.

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image for news Oil prices tick higher on uncertainty over supply
Natural Gas and Oil Forecast: Market Awaits OPEC+ Decision on Production

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Sentiment: Negative ()

Oil prices rise as markets await OPEC+ production decision. Geopolitical tensions and U.S. weather disruptions fuel uncertainty.

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image for news Natural Gas and Oil Forecast: Market Awaits OPEC+ Decision on Production
Crude Oil Price Forecast: Downtrend Intact Despite Short-Term Reversal

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Sentiment: Negative ()

Crude oil remains in a bearish retracement despite a short-term bounce. Key resistance levels near $73.15 may cap gains, while downside potential remains open.

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image for news Crude Oil Price Forecast: Downtrend Intact Despite Short-Term Reversal
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Traders Stay Focused On Supply Risks

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Sentiment: Neutral ()

The recent attack on Kazakhstan's export route provides material support to oil markets.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Traders Stay Focused On Supply Risks
Brent oil prices tick down after gaining on Caspian pump station attack

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Sentiment: Neutral ()

Brent crude oil prices paused in early trading on Tuesday after gaining in the previous session following a drone attack on an oil pipeline pumping station in Russia that reduced …

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image for news Brent oil prices tick down after gaining on Caspian pump station attack
Donald Trump's Tariff Talk Continues To Hang Over Global Oil Markets

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Sentiment: Negative ()

U.S. president Donald Trump's threats of slapping trade tariffs on major international partners, imposing additional sanctions on Iran, and raising the prospect of bypassing Europe to settle the Russia-Ukraine war …

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image for news Donald Trump's Tariff Talk Continues To Hang Over Global Oil Markets

About Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares GUSH

The fund, under normal circumstances, invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and ETFs that track the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is designed to measure the performance of the oil and gas exploration and production sub-industry determined based on the Global Industry Classification Standards. The fund is non-diversified.