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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs Amid Concerns About Venezuelan Supply

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Sentiment: Neutral ()

Protests in Iran provide additional support to oil markets.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs Amid Concerns About Venezuelan Supply
Crude Oil Rises Sharply; US Consumer Sentiment Edges Higher In January

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Sentiment: Positive ()

U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 150 points on Friday.

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image for news Crude Oil Rises Sharply; US Consumer Sentiment Edges Higher In January
White House oil meeting on Venezuela includes independents, and strong links to Denver

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Sentiment: Neutral ()

The White House is summoning oil executives to discuss potential investment in Venezuela on Friday, and while a preliminary list of attendees features the big names of American oil - …

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image for news White House oil meeting on Venezuela includes independents, and strong links to Denver
Behind the scenes of who is attending Trump's oil executive meeting after Maduro operation

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Sentiment: Neutral ()

President Donald Trump meets with major oil companies after successful military operation captured Venezuelan president Nicolás Maduro and wife Cilia Flores on narcotics charges.

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image for news Behind the scenes of who is attending Trump's oil executive meeting after Maduro operation
Chevron competes with rivals for Venezuelan oil sales, sources say

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Sentiment: Neutral ()

U.S. oil major Chevron , global trading house Vitol and other oil traders, producers and refiners are competing to win deals for exports of Venezuelan crude as part of their …

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image for news Chevron competes with rivals for Venezuelan oil sales, sources say
Exclusive: Trump supporter and oil magnate Harry Sargeant advising US on Venezuela, sources say

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Sentiment: Positive ()

Billionaire energy entrepreneur and Republican donor Harry Sargeant III and his team are advising the Trump administration on how the U.S. can engineer a return of some American oil companies …

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image for news Exclusive: Trump supporter and oil magnate Harry Sargeant advising US on Venezuela, sources say
Embassies in Venezuela plan visits for American, European oil firms, sources say

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Sentiment: Positive ()

Foreign embassies in Venezuela are beginning to arrange visits for next week that will include representatives for American and European oil companies, two sources told Reuters, following the U.S. announcement …

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image for news Embassies in Venezuela plan visits for American, European oil firms, sources say
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As Traders Focus On Supply Risks

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Sentiment: Negative ()

U.S. hunt for Venezuela-linked tankers and unrest in Iran raise supply worries.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As Traders Focus On Supply Risks
Trump wants oil at $50. He thinks Venezuela can help — but oil drillers might not go along.

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Sentiment: Neutral ()

The president seeks to provide some relief at the nation's gas pumps, but some consider crude prices at $50 a barrel as too low for U.S. drillers.

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image for news Trump wants oil at $50. He thinks Venezuela can help — but oil drillers might not go along.
U.S. Push Into Venezuela Oil Patch Raises Questions About OPEC Dynamic

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Sentiment: Neutral ()

The prospect of increased U.S. influence over Venezuela's oil industry is raising questions about Washington's potential future role in OPEC, the cartel of global oil producers that President Trump has …

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image for news U.S. Push Into Venezuela Oil Patch Raises Questions About OPEC Dynamic
The Economics of Taking Venezuela's Oil: Low Risk, Low Reward

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Sentiment: Neutral ()

The world has changed, and controlling the country's oil now has only modest and uncertain benefits.

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image for news The Economics of Taking Venezuela's Oil: Low Risk, Low Reward
Exclusive: Vitol gets preliminary US license to begin negotiations on Venezuelan oil imports and exports, four sources say

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Sentiment: Neutral ()

Vitol, one of the world's largest commodity traders, has received a preliminary special license from the U.S. government to begin negotiations to import and export oil from Venezuela for 18 …

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image for news Exclusive: Vitol gets preliminary US license to begin negotiations on Venezuelan oil imports and exports, four sources say
Venezuela's PDVSA says oil supply negotiations with US progressing

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Sentiment: Positive ()

Venezuela's state-run oil company PDVSA said on Wednesday it is progressing in negotiations with the United States for oil sales, as a board member for the company told Reuters the …

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image for news Venezuela's PDVSA says oil supply negotiations with US progressing
Tracking the sanctioned oil tanker's attempt to escape seizure by the US

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Sentiment: Negative ()

For more than two weeks, Sky News' Data and Forensics team has plotted the movements of the US-sanctioned oil tanker Marinera.

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image for news Tracking the sanctioned oil tanker's attempt to escape seizure by the US
Trump reserves right to use military force to secure oil interests in Venezuela, White House says

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Sentiment: Negative ()

President Donald Trump reserves the right to use military force to protect U.S. oil workers in Venezuela, the White House said. Trump prefers diplomacy but he will do what is …

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image for news Trump reserves right to use military force to secure oil interests in Venezuela, White House says
What's at stake for investors when Trump meets oil bosses about Venezuela

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Sentiment: Neutral ()

Oil companies will need assurances that outlast Trump's time in White House.

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image for news What's at stake for investors when Trump meets oil bosses about Venezuela
‘PRETTY CLOSE': GOP rep warns Cuba is nearing collapse without Venezuelan oil

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Sentiment: Neutral ()

Rep. Carlos Gimenez, R-Fla., joins ‘Varney & Co.' to discuss mounting unrest in Venezuela, President Donald Trump's strategy to pressure the Maduro regime and growing signs of collapse in communist …

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image for news ‘PRETTY CLOSE': GOP rep warns Cuba is nearing collapse without Venezuelan oil
Trump Says Venezuela Will Send Up to 50 Million Barrels of Oil to US

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Sentiment: Positive ()

President Donald Trump said Venezuela would relinquish as much as 50 million barrels of oil to the US, worth roughly $2.8 billion at the current market price, announcing the cargoes …

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image for news Trump Says Venezuela Will Send Up to 50 Million Barrels of Oil to US
Sheinbaum says Mexico has not increased oil shipments to Cuba amid Venezuela situation

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Sentiment: Neutral ()

Mexican President Claudia Sheinbaum said on Wednesday that Mexico is not sending more oil to Cuba than it has historically, but amid recent events in Venezuela, Mexico has turned into …

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image for news Sheinbaum says Mexico has not increased oil shipments to Cuba amid Venezuela situation
U.S. Crude Oil Stockpiles Fall More Than Expected

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Sentiment: Positive ()

U.S. crude oil inventories fell by 3.8 million barrels to 419.1 million barrels in the week ended Jan. 2 and were about 3% below the five-year average for the time …

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image for news U.S. Crude Oil Stockpiles Fall More Than Expected
Will Maduro's removal lead to a Venezuelan oil revival?

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Sentiment: Neutral ()

Venezuela is sitting on, by some measures, the biggest oil reserves in the world. And yet in the immediate wake of Nicolás Maduro's capture by US forces, the actual price …

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image for news Will Maduro's removal lead to a Venezuelan oil revival?
Trump to meet with oil executives about Venezuela on Friday

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Sentiment: Neutral ()

President Donald Trump is set to host executives from leading U.S. oil companies at the White House on Friday following the arrest of Venezuelan leader Nicolás Maduro.

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image for news Trump to meet with oil executives about Venezuela on Friday
Warren Buffett's Chevron bet stands to gain if the US delivers a Venezuelan oil boom

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Sentiment: Positive ()

The Trump administration has captured Venezuela's leader and said it will revive its oil industry. Chevron stands to gain as it's the only US major still operating in Venezuela.

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image for news Warren Buffett's Chevron bet stands to gain if the US delivers a Venezuelan oil boom
Crude Oil Price Outlook – Crude Bounces After Dropping Early

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Sentiment: Positive ()

Crude oil continues to test support on Wednesday, as the Venezuela situation continues to evolve. With 50 million barrels sent to the US, the reality is that it was less …

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image for news Crude Oil Price Outlook – Crude Bounces After Dropping Early
U.S. Intercepts Venezuela-Linked Oil Tanker, Reports Say

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Sentiment: Negative ()

This is a developing story and will be updated.

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image for news U.S. Intercepts Venezuela-Linked Oil Tanker, Reports Say
What we know about US seizure of Russian-flagged oil tanker linked to Venezuela

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Sentiment: Neutral ()

The US has seized a Russian-flagged oil tanker with links to Venezuela.

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image for news What we know about US seizure of Russian-flagged oil tanker linked to Venezuela
US Seizes Russian-Flagged Oil Tanker Linked to Venezuela

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Sentiment: Negative ()

American military forces have seized a Russian-flagged oil tanker that is linked to Venezuela. The ship is not carrying any oil.

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image for news US Seizes Russian-Flagged Oil Tanker Linked to Venezuela
US wants Venezuelan oil flowing again with revenues in US accounts, Wright says

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Sentiment: Positive ()

Energy Secretary Chris Wright said on Wednesday the United States government wants to get Venezuelan oil flowing again, deposit money into U.S.-controlled accounts and create conditions for U.S. oil companies …

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image for news US wants Venezuelan oil flowing again with revenues in US accounts, Wright says
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Shrug Off Geopolitical Tensions

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Sentiment: Neutral ()

The short-term boost provided by the events in Venezuela has come to an end.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Shrug Off Geopolitical Tensions
Burgum: Trump can unlock Venezuela's oil faster than experts predict

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Sentiment: Neutral ()

U.S. Interior Secretary Doug Burgum joins ‘Varney & Co.' to outline how President Donald Trump's energy strategy could rapidly unlock Venezuela's oil reserves and cement America's role as the world's …

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image for news Burgum: Trump can unlock Venezuela's oil faster than experts predict

About Invesco Oil & Gas Services ETF PXJ

The Invesco Oil & Gas Services ETF (Fund) is based on the Dynamic Oil Services Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Index is composed of stocks of 30 U.S. companies that assist in the production, processing and distribution of oil and gas. The Index may include companies that are engaged in the drilling of oil and gas wells; manufacturing oil and gas field machinery and equipment; or providing services to the oil and gas industry, such as well analysis, platform and pipeline engineering and construction, logistics and transportation services, oil and gas well emergency management and geophysical data acquisition and processing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.