NYSE:USO

United States Oil Fund Lp ETF News

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At Close: Jun 05, 2026
Analysts expect oil prices to remain elevated over the coming days with conflict escalating in the Middle East, as they assess the impact to supplies, especially flows through the Strait of Hormuz, a
Oil price reporting agency S&P Global Platts is suspending bids and offers for price assessments of Middle East refined products that transit the Strait of Hormuz because of shipping disruptions from
Tit-for-tat strikes have raised questions about whether Iran will interfere with tankers hauling oil and fuel through the Strait of Hormuz.
Oil jumped in the early morning Asian session as military strikes by the U.S. and Israel against Iran heighten supply disruption concerns.
Oil prices surged more than 8% to their highest in months as Iran and Israel stepped up attacks, damaging tankers and disrupting shipments from the key producing region.
OPEC+ has a history of raising oil output to cushion disruptions but analysts said the group currently has little spare capacity to add to supply.
Crude-oil markets won't officially open for a few more hours, but traders are already using prediction markets like Kalshi to take bets on where prices will settle on Monday.
Tanker traffic through the Strait of Hormuz has effectively come to a stop as shipping companies take precautionary measures, analysts said. About a third of the world's seaborne oil exports passed th
Traffic through the Strait of Hormuz has dropped off amid warnings from the Iranian Revolutionary Guard. What happens next could have major implications for the global economy.
Escalating U.S.-Israel strikes on Iran and threats of retaliation signal heightened geopolitical risk, with oil markets primed for volatility and potential price spikes. Polymarket odds show a 93% cha
Markets were expected to react to the outbreak of conflict in Iran this weekend.
Bloomberg Intelligence's Mike McGlone explains what the US and Israeli strikes on Iran mean for oil and commodities prices. He speaks on "Bloomberg This Weekend.
Oil futures will begin trading later on Sunday. Saudi Aramco shares were climbing as trading resumed in Saudi Arabia, possibly hinting that crude is headed for a surge.
Oil and cryptocurrencies could see increased trading volatility after the death of Iran's supreme leader. 'Bloomberg This Weekend' hosts David Gura and Christina Ruffini speak with Bloomberg Intellige
Most tanker owners, big oil companies and trading houses suspended crude oil, fuel and liquefied natural gas shipments via the Strait of Hormuz after Tehran warned ships against moving through the wat
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