NYSE:USO

United States Oil Fund Lp ETF News

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At Close: Jul 21, 2026
Clues are emerging in the mystery of the missing three million barrels—the oil that China would normally be importing but isn't now.
Oil prices ‌climbed more than $2 a barrel Thursday as Iran declared the critical energy chokepoint, the Strait of Hormuz, closed after the U.S. launched additional strikes against Iran.
Oil inventory levels are approaching the operational floor in the next two months; once this occurs, scarcity can lead to a price spike. The ProShares Ultra Bloomberg Crude Oil ETF is a 2x leveraged W

Oil Rises Amid Escalating Supply-Disruption Fears

07:55pm, Wednesday, 10'th Jun 2026
Oil rose in early Asian trade amid escalating supply-disruption fears caused by rising U.S.-Iran tensions.
The move comes after President Donald Trump said the U.S. would hit Iran hard again as peace talks remain stalled.
Israeli special ops veteran Aaron Cohen and The Heritage Foundation's Victoria Coates discuss how oil prices can be maintained amid the conflict with Iran on ‘Kudlow.' #fox #foxbusiness #media #brea
The U.S. is seeking to loan energy companies up ‌to 40 million barrels of crude oil from the Strategic Petroleum Reserve to help push fuel prices down, the Department of Energy said ​on Wednesday.
Oil markets moved higher as traders focused on rising geopolitical tensions.
The U.S. Strategic Petroleum Reserve hits a three-year low of 349.2 million barrels, nearing levels not seen since the Reagan administration in 1983.
Commercial crude oil stocks excluding the Strategic Petroleum Reserve fell by 7.2 million barrels in the week ended June 5. They were expected to have fallen by 2.9 million barrels, according to a Wal
Restoring a balanced crude oil market amid heavy inventory drawdowns ​will take a year and possibly ‌longer, Shell CEO Wael Sawan said on Wednesday.
Tumult on world markets in the past week shows the economic outlook is now on a knife edge, investors said, with equal odds of an AI boom lifting ​growth or oil shocks from the U.S.-Iran war pushing
U.S. crude stocks and distillate inventories fell while gasoline stockpiles rose last ​week, the Energy Information Administration said ‌on Wednesday.
Until the situation in the Middle East settles down a bit, I think it will be difficult to see oil completely fall apart. The supply chain will continue to be an issue going forward.
OPEC oil output ‌in May hit its lowest in more than two decades, a Reuters survey found, as a U.S. naval blockade cut Iran's exports and Iran's effective closure of ​the Strait of Hormuz slashed e
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