NYSE:USO

United States Oil Fund Lp ETF News

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$133.02
-3.72 (-2.72%)
At Close: Jun 05, 2026
Jeff Currie, chief strategy officer of energy pathways at Carlyle, talks about the oil market following the decision by OPEC+ to boost output again. "There's no spare production capacity in the system
In the wake of the OPEC+ decision to raise production, Energy Outlook's Anas Alhajji doesn't expect significant oil price swings due to the group's limited room to increase production much further.
Consumer and producer inflation readings are due this week
OPEC+ slows output hikes while Fed rate cut bets rise. Discover how supply shifts and policy easing shape the outlook for natural gas and oil markets.
Oil companies, including Shell PLC (LSE:SHEL, NYSE:SHEL) and BP PLC (LSE:BP.), were on the rebound on Monday as crude prices bounced back from one-month lows.
Oil climbed after OPEC+ agreed to raise production once again but did so at a modest rate, highlighting some caution from the group as the market heads into an expected surplus. The Organization of th
An S&P Global executive said he expects dated Brent crude prices to fall to around $55 per barrel by year end, at the Asia Pacific Petroleum Conference on Monday.
Oil prices rose on Monday in early trade, paring last week's losses, after OPEC+ agreed over the weekend to raise output further but at a slower pace from October due to an anticipated weakening of gl
OPEC+ has been increasing production since April after years of cuts to support the oil market, but the Sunday decision to further boost output came as a surprise amid a likely looming oil glut in t
U.S. stock-market futures declined Sunday, as investors await key inflation reports later this week.
OPEC+ agreed Sunday to further increase oil production in October, in an ongoing move to regain market share at the expense of prices.
Brent crude's drop reflects deeper cracks in the global economy, as weak jobs data, rising unemployment, and persistent inflation signal recession.
We rate Kolibri Global Energy (KGEI) a Buy, supported by robust production growth, declining costs, and resilient profitability despite lower oil prices. KGEI is set for a 24-32% production surge in H
Eight OPEC+ members say they will boost production by 137,000 barrels a day in October, beginning to roll back some voluntary cuts previously put in place.
OPEC+ is set to agree to further raise oil output on Sunday while probably slowing the pace of increases from October compared with recent months because of weakening global demand, OPEC+ sources said
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