NYSE:USO

United States Oil Fund Lp ETF News

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$125.51
+1.55 (+1.25%)
At Close: Jul 20, 2026
Oil prices inched lower on Monday after OPEC+ agreed to further increase its output targets from August while exports from key producers via the Strait of ​Hormuz are recovering, potentially adding
The oil-producing group agreed during an online meeting to increase quotas by 188,000 barrels per day from August, on top of similar increases for June and July.
Major oil producers on Sunday agreed once again to modestly increase their crude production, although, as in previous months, the hike is largely symbolic until a peace deal between the U.S. and Iran
OPEC+ approved a new production increase for August as recovering crude supplies and easing geopolitical concerns kept oil prices near pre-conflict levels.
OPEC+ is set to agree on Sunday another increase in output targets ​from August, sources with knowledge of the matter said, adding to ‌global supply amid falling oil prices due to a gradual reopen

USO Marks 85 Years Supporting US Troops

12:36pm, Saturday, 04'th Jul 2026
USO CEO Michael Linnington says the organization has expanded far beyond its World War II roots, operating at 260 locations worldwide to provide deployed service members with connectivity, comfort and
President Trump is ramping up pressure on the industry to lower gas prices ahead of November's midterm elections.
Oil markets gain some ground in quiet trading.
OPEC oil ​output in June rose from its lowest in more ‌than two decades, a Reuters survey found, as Gulf members began reviving supplies shut during the Iran war and effective closure of the Strai
Brent crude ‌for prompt delivery traded this week below contracts for delivery as far as six months into the future, the latest sign that increasing shipments through the Strait of Hormuz have cause
The world is pricing in peace in the oil markets but also covering bets as we are heading into a three-day weekend.
The Iran war has created the largest oil supply shock ever in terms of daily production losses but the 1979 Iranian Revolution remains the biggest oil crisis by cumulative supply loss, according to Re
U.S. oil companies are set to report their strongest quarterly profits in years, courting a possible clash with President Donald Trump, who has been pressing his ​longtime ally Big Oil to bring down
Traders on the prediction market Polymarket see a real chance that oil prices fall further this month, having already retreated to levels last seen before the Iran war. The market, which asks what pri
Canada announced plans to build a new oil pipeline from Alberta to the Pacific coast, which would give the world's fourth-largest oil producer greater ‌capacity to export to Asia and ease its relian
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