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Big Oil Is Offshoring Its Prized Engineering Jobs to India

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Sentiment: Negative ()

Chevron and other oil companies are cutting thousands of positions, while offshoring more white-collar jobs to the country.

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image for news Big Oil Is Offshoring Its Prized Engineering Jobs to India
Russian oil drives OPEC share in India's imports to record low, data shows

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Sentiment: Neutral ()

The share of OPEC oil in India's imports fell to a record low in fiscal year 2024-25 as refiners continued to gorge on cheaper oil from Russia, the top oil …

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image for news Russian oil drives OPEC share in India's imports to record low, data shows
Oil Bounces Back From Monday's Drop

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Sentiment: Positive ()

Oil rose following Monday's slump and Goldman Sachs said “resilient spot demand in the U.S. and China, falling Venezuela exports, and low inventories keep the physical oil market tight, supporting …

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image for news Oil Bounces Back From Monday's Drop
Natural Gas and Oil Forecast: Triangle Breakout Looms Amid Supply Shifts and Tariff Fears

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Sentiment: Negative ()

WTI crude holds near $62.87 as traders await a breakout. Supply risks ease, but tariff fears and Fed uncertainty keep energy markets on edge.

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image for news Natural Gas and Oil Forecast: Triangle Breakout Looms Amid Supply Shifts and Tariff Fears
Oil and Natural Gas Technical Analysis: Key Support Holds as Rebound Signals Build

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Sentiment: Positive ()

WTI and Brent crude oil consolidated after a sharp drop in March 2025, while natural gas approached the key level of $3.

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image for news Oil and Natural Gas Technical Analysis: Key Support Holds as Rebound Signals Build
Oil prices climb on short-covering, but tariff concerns linger

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Sentiment: Neutral ()

Oil prices climbed in early trade on Tuesday as investors took advantage of the previous day's losses to cover short positions, although concerns persisted over economic headwinds from tariffs and …

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image for news Oil prices climb on short-covering, but tariff concerns linger
Oil Rises on Possible Technical Recovery

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Sentiment: Positive ()

Oil rose in the early Asian session on a possible technical recovery after prices fell markedly overnight.

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image for news Oil Rises on Possible Technical Recovery
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Amid Progress In U.S. – Iran Talks

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Sentiment: Negative ()

Oil traders rushed to take some profits off the table after the recent rally.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Amid Progress In U.S. – Iran Talks
The Oil Patch's ‘Manhattan Project': How to Fix Its Gargantuan Water Problem

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Sentiment: Positive ()

Oil companies wrestling with huge amounts of wastewater have bold plans to turn the nuisance into a valuable product.

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image for news The Oil Patch's ‘Manhattan Project': How to Fix Its Gargantuan Water Problem
The main thing hanging over the oil market is tariff uncertainty, says S&P Global's Dan Yergin

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Sentiment: Neutral ()

Dan Yergin, S&P Global vice chairman, joins 'Squawk Box' to discuss the state of the oil market, what to make of the recent volatility, market outlook, and more.

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image for news The main thing hanging over the oil market is tariff uncertainty, says S&P Global's Dan Yergin
Demand may jump in summer as 'oil anxiety' begins: Rystad Energy

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Sentiment: Positive ()

Mukesh Sahdev, Senior Vice-President & Global Head, Commodity Markets from Rystad Energy breaks down factors shaping the current oil market drivers, and potential impacts from ongoing US-Iran negotiations.

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image for news Demand may jump in summer as 'oil anxiety' begins: Rystad Energy
Natural Gas and Oil Forecast: WTI Below $63.50 as Traders React to Iran Negotiations

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Sentiment: Negative ()

WTI drops below $63.50 as Iran-U.S. nuclear talks ease supply concerns, shifting oil sentiment. Natural gas holds under resistance amid weak momentum.

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image for news Natural Gas and Oil Forecast: WTI Below $63.50 as Traders React to Iran Negotiations
Oil Falls After Iran Says Talks With U.S. to Continue

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Sentiment: Negative ()

Oil fell in the early Asian session after Iran said that talks with the U.S. would continue after a ‘positive' meeting, which could potentially lead to an easing of sanctions …

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image for news Oil Falls After Iran Says Talks With U.S. to Continue
Oil prices slip 1% after progress in US-Iran talks

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Sentiment: Negative ()

Oil prices fell more than 1% at Monday's open in Asia after nuclear talks between the United States and Iran progressed, easing supply concerns.

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image for news Oil prices slip 1% after progress in US-Iran talks
Oil News: Geopolitical Heat Sparks Oil Rally—Even as Long-Term Outlook Turns Bearish

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Sentiment: Negative ()

Crude oil rallies 5.18% despite bearish oil outlook from IEA, EIA, and OPEC+. Traders eye short-term upside on sanctions, tariffs, and supply risk.

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image for news Oil News: Geopolitical Heat Sparks Oil Rally—Even as Long-Term Outlook Turns Bearish
Expert sounds alarm on oil prices, warning of ‘lower lows'

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Sentiment: Negative ()

Experts warn of potential risks in the oil market as global uncertainty looms. Transcript: CARLEY GARNER: Crude oil has had a nice little rally obviously in the last week or …

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image for news Expert sounds alarm on oil prices, warning of ‘lower lows'
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Soars 3% As U.S. Imposes New Iran-Related Sanctions

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Sentiment: Negative ()

Oil traders bet that supply of Iranian oil would decline.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Soars 3% As U.S. Imposes New Iran-Related Sanctions
Sovereign Credit: US Policy Shifts Point to Tariff-light, Trade-war, Economic-crisis Scenarios

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Sentiment: Negative ()

Three scenarios for the sovereign credit outlook have emerged from the uncertainty over US trade policy – “tariff-light”, trade war, or a wider economic and financial crisis including introduction of …

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image for news Sovereign Credit: US Policy Shifts Point to Tariff-light, Trade-war, Economic-crisis Scenarios
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Gain Ground As Traders React To EIA Report

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Sentiment: Neutral ()

Weak dollar provides additional support to oil markets.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Gain Ground As Traders React To EIA Report
US issues new sanctions targeting Chinese importers of Iranian oil

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Sentiment: Negative ()

The United States on Wednesday issued new sanctions targeting Iran's oil exports, including against a China-based "teapot refinery", as President Donald Trump's administration seeks to ramp up pressure on Tehran.

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image for news US issues new sanctions targeting Chinese importers of Iranian oil
U.S. Crude Oil Stockpiles Rise for Third Straight Week

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Sentiment: Neutral ()

U.S. crude oil inventories rose by 515,000 barrels, while gasoline and distillate stockpiles fell as refineries lowered their capacity use.

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image for news U.S. Crude Oil Stockpiles Rise for Third Straight Week
Crude Inventories Rise By 0.5 Million Barrels; WTI Oil Tests Session Highs

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Sentiment: Neutral ()

Gasoline inventories declined by 2.0 million barrels from the previous week.

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image for news Crude Inventories Rise By 0.5 Million Barrels; WTI Oil Tests Session Highs
Oil News: Trade Talk Hopes and Iraq Cut Boost Crude Oil Futures Ahead of EIA Data

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Sentiment: Positive ()

Crude oil futures rise 1% on bullish trade talk signals and Iraq's output cut plan, though IEA and OPEC demand downgrades keep oil outlook bearish.

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image for news Oil News: Trade Talk Hopes and Iraq Cut Boost Crude Oil Futures Ahead of EIA Data
Natural Gas and Oil Forecast: IEA Demand Cut, OPEC Output Weigh on Bullish Sentiment

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Sentiment: Neutral ()

Oil prices retreat as supply builds and demand forecasts fade. WTI slips on bearish data, with resistance near $61.55 capping recovery attempts.

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image for news Natural Gas and Oil Forecast: IEA Demand Cut, OPEC Output Weigh on Bullish Sentiment
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Are Mostly Flat In Choppy Trading

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Sentiment: Negative ()

OPEC and IEA have recently lowered their oil demand outlook for 2025, but markets showed little reaction to the news.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Are Mostly Flat In Choppy Trading
US crude oil output to peak by 2027, EIA projects

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Sentiment: Neutral ()

U.S. oil production will peak at 14 million barrels per day (bpd) in 2027 and maintain that level through the end of the decade, before rapidly declining, the U.S. Energy …

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image for news US crude oil output to peak by 2027, EIA projects
JP Morgan slashes oil price forecasts as Trump tariffs and OPEC strategy shift redraw the map

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Sentiment: Negative ()

- Brent seen at $66 next year as US shale set to pull back and OPEC+ faces tough choices JP Morgan has cut its oil price forecasts sharply, warning that …

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image for news JP Morgan slashes oil price forecasts as Trump tariffs and OPEC strategy shift redraw the map
It's a double whammy for the oil markets right now, says RBC's Helima Croft

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Sentiment: Negative ()

Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'The Exchange' to discuss oil prices and the global energy outlook amid the global trade disputes.

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image for news It's a double whammy for the oil markets right now, says RBC's Helima Croft
JP Morgan cuts oil price forecasts on weak demand, higher output

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Sentiment: Negative ()

JP Morgan on Monday lowered its oil price forecasts for 2025 and next year, citing higher production from OPEC+ and weaker demand.

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image for news JP Morgan cuts oil price forecasts on weak demand, higher output
EXCLUSIVE: Tariff Uncertainty Turns Traders Cautious — But Oil, Silver Might Be The Escape Hatch, Says Market Analyst

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Sentiment: Neutral ()

Futures traders are navigating a minefield as new tariffs send shockwaves across equities, commodities and Treasuries.

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image for news EXCLUSIVE: Tariff Uncertainty Turns Traders Cautious — But Oil, Silver Might Be The Escape Hatch, Says Market Analyst

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.