NYSE:USO

United States Oil Fund Lp ETF News

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$125.51
+1.55 (+1.25%)
At Close: Jul 20, 2026

OPEC oil producer group membership timeline

11:11am, Thursday, 25'th Jun 2026
Iraq has weighed leaving the Organization of the Petroleum Exporting Countries if its oil production quota is not increased, sources told Reuters on Thursday, weeks after the exit ​of the United Ara
Crude oil markets are testing major support.
Three months ago, investors were bracing for a very different economic outlook.The outbreak of the Iran war sent oil prices surging above $100 a barrel, gasoline costs climbed, and inflation suddenly
Iraq seeks a higher output quota from OPEC and warns it could leave the group if demands are not met, Reuters reported. As the second-largest oil exporter in the group, any such move would deal a sign
As always, there is a huge split between oil price bulls and bears which is hardly surprising given the massive uncertainty about the geopolitical environment. Will the ceasefire hold?
Micron has Wall Street tech bulls back in charge. Oil and bonds are helping too.
Prices slipped back as a wave of supply trapped inside the Persian Gulf for months started flowing again.
Middle Eastern fuel oil exports are set to rebound ​to a four-month high in June as Iraq and Saudi Arabia diverted supply to other ports ‌while shipments through the Strait of Hormuz are set to pi
Oil prices remain under pressure as WTI breaks below $80 and Brent targets $68 support, with fading Strait of Hormuz supply fears reducing the war premium.
Oil prices fell on Thursday, with Brent and WTI crude erasing wartime gains. Investors bet global crude supplies would improve after tankers that had been stranded in the Persian Gulf for months began

Oil prices fall as tankers exit Strait of Hormuz

09:35pm, Wednesday, 24'th Jun 2026
Oil prices extended their decline on Thursday, edging closer to pre-war levels as stranded tankers exited the Strait of Hormuz following an initial accord to ​end the U.S.-Israeli war with Iran, eas
Oil futures fell in early Asian trade after declining to their lowest level since the start of the U.S.-Iran conflict on Wednesday.
Revived tanker movement through the Strait of Hormuz pushed U.S. crude prices below $70 a barrel briefly on Wednesday even though inventories ​at the country's crude storage hub in Cushing, Oklahoma

Oil Slump Deepens While Tech Stocks Struggle

05:06pm, Wednesday, 24'th Jun 2026
Micron falls for second day before turning higher after hours.
Oil markets are under strong pressure amid signs of normalization in the Strait of Hormuz.
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