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Buy GUSH
$37.88
+0.84 (+2.27%)
At Close: Jun 03, 2026
Lower-than-expected demand during Memorial Day weekend driving down oil prices: Citi's Ed Morse
05:12pm, Tuesday, 30'th May 2023
Ed Morse, Citi global head of commodities, joins 'Closing Bell Overtime' to break down oil's recent drop below $70 per barrel.
U.S. oil futures settle below $70 a barrel, at lowest in nearly 4 weeks
02:47pm, Tuesday, 30'th May 2023
U.S. oil futures declined on Tuesday, settling below $70 a barrel for the first time since early May. “We've seen oil prices slide back again as investors look towards the next stage of the U.S. deb
Natural Gas, WTI Oil, Brent Oil – Oil Dives 5% As Traders Worry That OPEC+ Would Not Cut Production
02:05pm, Tuesday, 30'th May 2023
Oil markets gained strong downside momentum and tested multi-week lows.
Oil prices retreat as traders await outcome of OPEC+ meeting
09:03am, Tuesday, 30'th May 2023
Oil prices fell on Tuesday after scoring a gain for the week on Friday as traders waited for the outcome of a meeting of the Organization of the Petroleum Exporting Countries and its allies that is se
Oil rises on U.S. debt deal, but rate hikes, OPEC+ talks curb enthusiasm
09:53pm, Monday, 29'th May 2023
Oil prices rose on Tuesday as the expectations the debt ceiling deal in U.S., the world's biggest oil user, will spur more demand but fears of further interest rate rises and that OPEC+ will leave out
OPEC will welcome back Iran's full return to oil market when sanctions lifted -secretary-general
04:12pm, Monday, 29'th May 2023
OPEC will welcome back Iran's full return to the oil market when sanctions are lifted, the secretary general of the Organization of the Petroleum Exporting Countries (OPEC) told the Iranian oil minist
Natural Gas, WTI Oil, Brent Oil – Oil Markets Move Away From Session Lows
01:25pm, Monday, 29'th May 2023
Oil markets rebounded from session lows as traders started to prepare for the OPEC+ meeting, which will take place at the end of the week.
Crude Oil Price Forecast – Crude Oil Markets Continue to Consolidate
10:42am, Monday, 29'th May 2023
Crude oil markets have consolidated over the last several days, it is likely that the market is trying to figure out where to go next.
USOI: Covered Call Oil Futures ETF, Unclear Investment Thesis
08:15am, Monday, 29'th May 2023
A reader asked for my thoughts on USOI. The fund's strategy is equivalent to investing in oil futures and selling covered calls on its holdings. USOI has a strong 38.1% distribution yield but reduced
Oil Price Forecast: Early Strength Fueled by Debt Ceiling Deal Optimism
11:32pm, Sunday, 28'th May 2023
Prospects of a U.S. debt agreement boost crude oil prices, but sustainability is questioned amid interest rate concerns and uncertain OPEC+ decisions.
Oil climbs after US leaders strike provisional debt deal
07:43pm, Sunday, 28'th May 2023
Oil prices rose in early Asian trade on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's largest economy and oil consumer.
Oil Industry Outlook: 3 Things to Expect for the Second Half of 2023
06:03pm, Saturday, 27'th May 2023
Currently, I'd say the oil industry outlook is murky at best. In general, the black stuff is closely tied to the economic performance of its largest consumers – the U.S. and China.
Oil futures end higher for the session, with U.S. prices up over 1% for the week
02:55pm, Friday, 26'th May 2023
Oil futures climbed on Friday, contributing to a more than 1% weekly gain in U.S. benchmark crude prices. The market saw a sharp decline Thursday on expectations that OPEC+ wasn't likely to cut produc
Natural Gas, WTI Oil, Brent Oil – Oil Markets Rebound Amid Rising Risk Appetite
01:34pm, Friday, 26'th May 2023
Oil traders cheer progress on debt ceiling negotiations.
Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to See Signs of Slight Upward Pressure
10:54am, Friday, 26'th May 2023
The crude oil markets did rally just a bit during the trading week, breaking above the short-term resistance barrier, but it does look like we have a little bit of trouble ahead.
