iShares US Oil Gas Explor... (IEO)

People often ask me, "How long does the drilling operation take?" It's a good question, because if you want to invest in an oil operation, you should know when you'll recoup your funds.

Consumer and producer inflation readings are due this week

OPEC+ slows output hikes while Fed rate cut bets rise. Discover how supply shifts and policy easing shape the outlook for natural gas and oil markets.

Oil companies, including Shell PLC (LSE:SHEL, NYSE:SHEL) and BP PLC (LSE:BP.), were on the rebound on Monday as crude prices bounced back from one-month lows.

An S&P Global executive said he expects dated Brent crude prices to fall to around $55 per barrel by year end, at the Asia Pacific Petroleum Conference on Monday.

U.S. stock-market futures declined Sunday, as investors await key inflation reports later this week.

Eight OPEC+ members say they will boost production by 137,000 barrels a day in October, beginning to roll back some voluntary cuts previously put in place.

Oil demand fears and rising U.S. stockpiles pressure crude futures. Unless OPEC+ holds output steady, the forecast points to further price weakness.