NYSE:USO

United States Oil Fund Lp ETF News

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At Close: Jun 05, 2026

Hassett on Oil Price Pressure, US Jobs Report

10:24am, Friday, 06'th Mar 2026
National Economic Director Kevin Hassett says the White House has no plans to tap the Strategic Petroleum Reserve to bring down oil prices. He says the US nonfarm payrolls report for February, which s
Qatar's energy minister warns the conflict in the Middle East could see Gulf energy exporters shut down production within weeks and send oil to $150 per barrel. CNBC's Steve Sedgwick and Karen Tso dis
February nonfarm payrolls fell 92,000, missing the 58,000 forecast badly. With oil soaring and jobs weakening, the Fed's dual mandate is now at risk.

Kuwait Cuts Oil Production as Storage Fills Up

08:44am, Friday, 06'th Mar 2026
The cuts signal a broader storage crisis that poses new risks to the global market.

Oil Prices Will Dictate When This War Ends

08:40am, Friday, 06'th Mar 2026
Equity, bond, and commodity markets are under pressure as oil prices surge amid escalating geopolitical conflict. The S&P 500 is exhibiting a near-perfect inverse correlation with oil; further oil pri
The US just gave India a 30-day waiver to buy Russian oil, a temporary fix with the Strait of Hormuz effectively closed. But does it address broader disruptions in energy flows?
The end of a volatile trading week is all but quiet. Kevin Green shows crude oil passing $85 in overnight hours as oil tankers are targeted in Iran-U.S. tensions.
Crude oil futures surge above $86 as Middle East war threatens OPEC supply and Strait of Hormuz traffic, pushing bullish oil outlook toward $95 and $100 targets.

$200 Oil And A Ruined US Economy

08:10am, Friday, 06'th Mar 2026
Forecasts that oil will hit $100 barrel happen regularly now because of the war in the Middle East and the shuttering of the Strait of Hormuz through which 20% of the world's oil flows by ship.
Stocks are falling sharply on Wall Street Thursday, including a 1,000-point slump for the Dow Jones Industrial Average, as oil prices rise further because of the war with Iran.
Stock News Oil jumps on Hormuz shutdown fears: United States Oil Fund (USO) tracked crude's surge past $80 as tanker traffic in the Strait of Hormuz stalled and
President Donald Trump often talks about gasoline prices — but now that they're increasing, he says he is not concerned.
Wall Street remains focused on oil prices this week—and likely for the foreseeable future.

U.S. gives India waiver to buy Russian oil

05:38am, Friday, 06'th Mar 2026
The U.S. has issued a waiver allowing India to buy Russian oil. CNBC's Amitoj Singh reports.
U.S. equity futures fell as traders neared the close of a week in which war shocked energy markets and raised inflation fears.
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