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United States Oil Fund Lp ETF News

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At Close: Jun 05, 2026

Oil Falls Amid Risk-Off Sentiment

08:20pm, Tuesday, 18'th Nov 2025
Oil fell in the morning Asian session amid risk-off sentiment.
Crude oil consolidates in a bull flag just above the 61.8% Fibonacci, with the 20-day average turning higher and the falling 50-day converging on the flag's upper boundary near $61.30.
Oil prices are moving higher as traders focus on the impact of U.S. sanctions on Russia.
Global refining margins have hit multi-year highs in November due to sanctions on Russia, refinery outages and maintenance, according to LSEG data and analysts, and some see little respite without mor
Crude and Brent markets attempted a Tuesday recovery after early weakness, with both contracts turning higher from key psychological levels. Significant overhead resistance, lingering geopolitical noi
Crude oil futures struggle below key averages as Russian flows resume and China builds inventories, reinforcing a bearish oil outlook driven by surplus concerns.
WTI crude tests $59 support as traders eye a triangle breakout; natural gas slips below $4.40 with bearish momentum building across energy markets.
OPEC's Secretary General pushes back against reports of a looming global oil surplus in 2026 in an interview with CNBC's Dan Murphy.
Oil stays weak below resistance, natural gas holds a bullish setup, and the U.S. Dollar Index awaits a breakout from its range.
Oil declined in the early Asian session after oil tanker activity resumed at Russia's Novorossiysk port.
Oil prices are swinging between gains and losses as Russia resumes loadings at its Novorossiysk export hub.
Oil prices are expected to decline through 2026, Goldman Sachs said on Monday, citing a production surge that will keep the market in a large surplus of around 2 million barrels per day.
Global oil inventories continue to rise as WTI remains stuck in a lower trading range, with seasonal demand still weeks away. Market conditions suggest limited upside and heightened downside risk unti
Global energy outlooks from OPEC, IEA, and EIA reveal a clear shift toward oil oversupply through 2025-2026, driven by strong non-OPEC production and slower demand concentrated in Asia. This analysis
U.S. oil and natural gas drilling activity has continued to decline even as production reaches record highs, the U.S. Energy Information Administration (EIA) said on Monday.
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