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United States Oil Fund Lp ETF News

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At Close: Jul 21, 2026
With geopolitical risk premium largely removed, oil benchmarks faced renewed selling pressure while natural gas showed resilience. WTI confirms bearish breakdown targeting $86.44, Brent tests channel

U.S. Bombs Iran and Oil Prices Shrug It Off

04:31am, Wednesday, 10'th Jun 2026
Brent crude and WTI prices were showing relatively muted reactions to the resumption of direct conflict between the U.S. and Iran.
Oil prices rose on Wednesday after the U.S. launched military strikes against Iran. The U.S. military said it had completed strikes against Iranian military targets near the Strait of Hormuz.
Oil ​prices climbed about 1% on Wednesday, moving away from a seven-week low touched in ‌the previous session, after the U.S. military launched new strikes against Iran and as market data showed a
Oil rose on escalating supply disruption concerns caused by the exchange of attacks between the U.S. and Iran.
U.S. crude oil ​inventories fell last week ‌for an eighth consecutive week, according to ​market sources ​citing data from the American ⁠Petroleum Institute ​released on Tuesday, while ​
Crude oil breaks below a symmetrical triangle support zone, testing key moving averages and raising downside risk toward deeper support levels if resistance holds.
Claudio Galimberti, chief economist of Rystad Energy, says the potential "huge oversupply" of oil following the resolution of the Iran war and closure of the Strait of Hormuz is creating a lot of conf
President Trump said that the U.S. will respond to Iran's attack on a helicopter which was patrolling over the Strait of Hormuz.
Monday's semiconductor rebound didn't last long. Apple's AI reveal and renewed chip weakness are dragging down the major indexes.
Oil stockpiles ​in the world's largest economies ‌were headed toward the lowest levels since at least 2003 ​as top consuming nations tapped ​inventories at a record pace to ⁠plug the loss of
Energy markets' worst nightmare has been playing out for more than 100 days, but one would hardly know it by looking at crude-oil futures.
The oil markets continue to see a lot of noise coming out of the Middle East as per usual, with this market worrying about supply and the latest military strikes. However, it looks like we are winding
Kuwait's oil inventories have declined sharply as a result of two Very ​Large Crude Carriers (VLCCs) which exported crude ‌through the Strait of Hormuz with their AIS transponders switched off, ac
Russian Urals crude has flipped to a discount against dated Brent at Indian and Chinese ports as a ​fall in demand from Asian refiners pressures prices, four trade ‌sources said.
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