NYSE:USO

United States Oil Fund Lp ETF News

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$140.86
+3.59 (+2.62%)
At Close: Jun 03, 2026
Iraq exported 10 million barrels of oil ​via the Strait of Hormuz in ‌April, down from about 93 million barrels monthly before the Iran war, the country's ​new oil minister, Basim Mohammed, ​s
Energy expert Jason Bordoff explains the uneven consequences of the war in Iran and the longer term outlook for nations from the U.S. to Russia.
Articles by Kitco NewsWire were generated by Kitco's AI-assisted reporting workflow and reviewed by Kitco News editorial staff, with every claim independently verified before publication.
‘The Big Money Show' panel breaks down President Donald Trump's Beijing summit as China pushes for US energy, Taiwan tensions simmer and Wall Street weighs the risks of rising inflation and soaring
Oil markets gained strong upside momentum ahead of the weekend.
U.S. oil refiners are finally reaping profits from renewable fuels, which had squeezed margins for years, but now demand has surged thanks ​to recent government biofuel mandates and rising diesel pr
China and the U.S. have played a big role in easing the impact of the oil supply disruption, according to the International Energy Agency and Wall Street analysts. The U.S. has boosted exports while C

ETFs to Follow Amid U.S.-China Summit

10:00am, Friday, 15'th May 2026
U.S.-China summit revived hopes for trade, AI chip access and Boeing deals, lifting prospects for China tech, semis and aerospace ETFs.
The oil markets continue to see a lot of noise, as the headlines are still unpredictable, and of course have fears of supply being cut off, reeling the markets.

U.A.E.'s Exit Does Not Mean The End Of OPEC

08:20am, Friday, 15'th May 2026
Does the exit of the U.A.E. from OPEC signal a major change in the organization and its impact on oil markets?
President Donald ​Trump said on Friday he ‌discussed Chinese oil companies that have been sanctioned for buying ​Iranian oil and will ​make a decision about whether ⁠to lift bans in the ​n
Crude oil futures jump as Trump warns Iran, tightening Strait of Hormuz risks and falling U.S. inventory fuel bullish oil prices outlook.
Capital Economics said that in an extreme scenario where the Iran war escalates, Brent crude prices could rise above $150 a barrel and ​remain around that level until the end of 2027.
Russia's seaborne oil product exports in April fell 9.8% month-on-month and 17% from a year ago ​to 7.77 million metric tons, data from industry sources ‌and Reuters calculations showed on Friday,
The West-East pipeline, which will double ADNOC's export capacity through Fujairah, is expected to be operational in 2027. Global energy supplies are under pressure amid the Iran war, and flows throug
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