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Buy USO
$125.43
-3.40 (-2.64%)
At Close: Jun 12, 2026
Oil News: China Data and Fed Caution Keep Crude Under Pressure
07:39am, Tuesday, 17'th Dec 2024
WTI crude retreats below $70 amid weak Chinese data and Fed caution; bearish sentiment builds with growing global oil supply concerns.
Natural Gas and Oil Forecast: Rising Supplies Cloud 2025 Outlook, Eyes on $3.14 Pivot
01:24am, Tuesday, 17'th Dec 2024
Oversupply risks cloud the 2025 outlook for natural gas and oil, with critical pivot levels at $3.14 for gas and $73.64 for Brent crude.
Oil, Natural Gas, and US Dollar Technical Analysis: Weak China Retail Sales Signal Demand Risks
08:41pm, Monday, 16'th Dec 2024
Oil and natural gas markets remain in consolidation despite the strength of the US Dollar Index.
Oil Futures Edge Lower Amid Likely Position Adjustments Ahead of FOMC Meeting
08:41pm, Monday, 16'th Dec 2024
Oil futures edged lower in the Asian session on likely position adjustments ahead of the FOMC's two-day meeting that starts later today, where a rate cut is widely expected.
Oil prices in holding pattern ahead of Federal Reserve decision
08:36pm, Monday, 16'th Dec 2024
Oil prices were range-bound in early Asian trading on Tuesday as investors worried about Chinese demand and awaited further market direction from a U.S. interest rate decision due on Wednesday.
Oil ETFs Gained 4% Last Week: Can the Rally Last?
11:01am, Monday, 16'th Dec 2024
Oil ETFs gained about 4% last week. However, the outlook for 2025 does not appear too bullish.
Crude Oil Price Outlook – Crude Strong but Near Top of Range
10:55am, Monday, 16'th Dec 2024
The crude oil market continues to see a lot of noisy behavior, as we continue to see a lot of noisy behavior. The oil market is one that I believe will be stronger next year, but this time of year mak
U.S. oil prices drop nearly 1% on weak Chinese retail-sales data
08:08am, Monday, 16'th Dec 2024
Oil prices were falling on Monday morning as traders assessed a batch of economic data in China that showed retail-sales growth unexpectedly weakened in November. Still, traders remained cautious ahea
Oil News: Crude Drops as Weak Chinese Spending Sparks Demand Concerns, Capped Near $71.53
07:43am, Monday, 16'th Dec 2024
Weak Chinese spending pressures crude oil demand as futures retreat. Key levels near $71.53 and $69.11 hint at rangebound trade while traders eye Fed decisions.
Global sanctions will affect price of oil, Meyer Resources CEO says
03:23am, Monday, 16'th Dec 2024
Cornelia Meyer, CEO of Meyer Resources, joins CNBC to talk about oil price direction.
Natural Gas and Oil Forecast: WTI, Brent Hold Steady as Supply Concerns Loom
01:24am, Monday, 16'th Dec 2024
WTI and Brent prices hold steady amid supply concerns and rate cut expectations. Will buyers sustain momentum?
Oil Futures Edge Lower in Possible Technical Correction
08:01pm, Sunday, 15'th Dec 2024
Oil futures edged lower in a possible technical correction after prices for U.S. and global benchmark oil posted their largest weekly percentage gains in three weeks.
Big Oil wants to help Big Tech power artificial intelligence data centers
07:22am, Saturday, 14'th Dec 2024
Exxon Mobil and Chevron are jumping into the race to power AI data centers. Exxon plans to build a natural gas plant to power a data center and use carbon capture technology to slash the plant's emiss
Oil News: Will EU Sanctions Against Russia Push Crude Oil Into Bullish Territory?
05:55am, Saturday, 14'th Dec 2024
Tight supply and strong Chinese imports fuel crude oil gains. EU sanctions and OPEC+ cuts reinforce bullish oil market fundamentals for traders.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs Ahead Of The Weekend
01:21pm, Friday, 13'th Dec 2024
The threat of new sanctions on Russian oil serves as the key bullish catalyst for oil markets.
