NYSE:USO

United States Oil Fund Lp ETF News

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$135.15
+2.13 (+1.60%)
At Close: Jun 08, 2026
Oil rose in the morning Asian session after the U.S. reached a truce with the Houthis in Yemen and said it would suspend its airstrikes there.
Crude oil's higher low and bullish reversal suggest a potential rebound, with resistance levels and consolidation zones offering clues for near-term market direction.
Devon Energy missed first-quarter profit estimates on Tuesday, hit by lower oil prices.
U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling around 400 points on Tuesday.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover
Rising spending during China's May Day holiday provided additional support to oil markets.
Diamondback Energy expects U.S. oil production to peak and then decline this year due to low prices. CEO Travis Stice warned that falling production threatens jobs, GDP growth, the nation's trade bala
The crude oil markets both look like they are in the midst of trying to form a bottom at this point. The oil production numbers aren't helping though, as OPEC continues to pump out a lot of supply in

Gas Prices Start to Plunge

09:15am, Tuesday, 06'th May 2025
Oil prices have dropped to a four-year low of $57.50 a barrel. The reason was the announcement by OPEC+ that it would raise output by 411,000 barrels per day.
Exxon and Chevron stocks have slumped over the past year as both companies navigate weaker oil prices and diverging capital strategies. CFRA research energy equity analyst and deputy research director
Oil futures recover from steep losses; technical buying lifts prices but bearish forecasts and OPEC strategy keep pressure on sentiment.
Natural gas and oil rebound over 1%, but resistance levels and surplus fears raise doubts. Can bulls sustain momentum or is a correction imminent?
U.S. President Donald Trump said Moscow and Kyiv want to settle the war in Ukraine and that Russian President Vladimir Putin was more inclined towards peace after the recent fall in the price of oil.
WTI oil remains under bearish pressure amid the threat of a global trade war, while natural gas continues to trade higher after rebounding from the key $3 level.
Oil steadied on Tuesday after hitting four-year lows in the previous session that was driven by an OPEC+ decision to accelerate output increases, stoking fears of oversupply at a time when U.S. tariff
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