Invesco DB Oil Fund ETF News

Oil markets are moving higher as traders bet that China's demand would grow.

U.S. energy firms this week added oil and natural gas rigs for the first time in four weeks, energy services firm Baker Hughes said in its closely followed report on Friday.

Crude oil markets have consolidated a bit during the course of the trading week, but it does look like we have plenty of support underneath. Because of this, I think we are trying to build some type o

Cloud cover and rain showers over the next few days are set to help crews battling a large wildfire near the Canadian oil sands city of Fort McMurray, Alberta, local authorities said on Friday.

The oil markets are essentially sitting still at the moment, frustrating traders on both sides of the trade. Ultimately, this is a market that will have to continue to work out momentum.

Oil futures headed for modest weekly gains on Friday early morning as economic data from the U.S. and China raised hopes for stronger crude demand.

Russia could deliver oil as well as gas to China along a planned route via Mongolia, President Vladimir Putin said on Friday.

Improving U.S. and China demand, inventory declines, and potential monetary easing suggest a bullish short-term outlook for crude oil prices.

FORT MCMURRAY, Alberta (AP) — A wildfire that has forced thousands of people out of their homes in Canada's oil sands hub city of Fort McMurray was held in place Thursday, as rain and cooler tempera

WTI and Brent oil prices see a 0.10% rise amid shrinking U.S. inventories and Chinese economic stimulus, suggesting more upside potential.

Oil prices rose in Asian trading hours on Friday, with global benchmark Brent set for its first weekly increase in three weeks on signs of improving global demand and slowing inflation in top oil cons

Fossil fuel groups have sued the U.S. Bureau of Land Management seeking to block a rule that will raise fees for oil and gas development on federal lands as a part of the U.S. government's broader eff

More than half of the oil sands production from Canada could be impacted if the wildfires in Alberta and British Columbia worsen, Rystad Energy said in a report on Thursday.

Oil markets need additional catalysts to move above the nearest resistance level.

A large wildfire near the major Canadian oil sands city of Fort McMurray did not move closer overnight and is expected to remain subdued on Thursday, the local authority said on Thursday.