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Buy USO
$125.43
-3.40 (-2.64%)
At Close: Jun 12, 2026
Libya's power divisions could once more fracture its oil output – as markets question for how long
07:58am, Wednesday, 28'th Aug 2024
A political standoff in Libya risks once more paralyzing the north African country's lucrative oil sector. But the frequency of its power tussles and crude disruptions have left long-term oil price su
U.S. crude oil falls nearly 2%, selloff gains speed as market dismisses Libya disruption
07:51am, Wednesday, 28'th Aug 2024
Oil prices are falling for the second day in a row as the market selloff continues. Traders have largely dismissed the threat of supply disruptions in Libya, which triggered a rally earlier in the wee
$82 is an "appropriate ceiling" for oil prices: JTD Energy Services
05:30am, Wednesday, 28'th Aug 2024
John Driscoll, chief strategist at JTD Energy Services explains why he believes geopolitics is not changing oil market fundamentals.
Oil News: Crude Prices Slip as Demand Concerns Outweigh Supply Risks
05:24am, Wednesday, 28'th Aug 2024
Crude oil prices dip as global demand concerns outweigh potential supply disruptions in Libya and the Middle East, signaling a bearish outlook.
Natural Gas and Oil Forecast: WTI and Brent at Crucial Fibonacci Levels—What's Next?
02:04am, Wednesday, 28'th Aug 2024
WTI at $75.51 and Brent at $79.53 hit key Fibonacci levels. Can these prices hold, or will a break trigger further downside?
Energy Sector and Stocks Disconnected From Oil Prices
11:12pm, Tuesday, 27'th Aug 2024
While Canadian energy companies have proven resilient, the recent divergence between commodity prices and energy stock performance warrants closer scrutiny. Despite a notable decline in commodity pric
Oil rebounds as geopolitics, demand concerns whipsaw investors
10:18pm, Tuesday, 27'th Aug 2024
Oil rebounded on Wednesday after a sharp drop in the previous session ended a three-day streak of gains as investors have whipsawed between concerns about potential supply losses from Libya and the Mi
Crude Oil Price Forecast: Breakout Above 200-Day MA Likely
04:55pm, Tuesday, 27'th Aug 2024
Crude oil consolidates between key moving averages, with potential for a bullish breakout targeting $81.96, though risks of a deeper pullback remain.
Oil prices pause after surging on Libyan outages, Middle East tensions
10:00pm, Monday, 26'th Aug 2024
Oil prices paused their recent advances, receding in Asian trading on Tuesday after surging more than 7% in the previous three sessions on supply concerns prompted by fears of a wider Middle East conf
Crude Oil Rises Sharply; Daqo New Energy Reports Weak Q2 Results
02:40pm, Monday, 26'th Aug 2024
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index gaining around 0.1% on Monday.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As East Libya Government Halts Sales
02:28pm, Monday, 26'th Aug 2024
Oil traders worry that Libya's total production would fall amid political disputes.
Libya's oil output ‘cannot be easily replaced' during reported production halt, analysts warn
01:55pm, Monday, 26'th Aug 2024
Much of the focus in the oil market has been on the Middle East for months — but on Monday, attention was turning to North Africa, with reports that Libya's eastern government had halted crude expor
These offshore oil drillers look like bargain stocks as the industry recovers
01:08pm, Monday, 26'th Aug 2024
The energy sector has been the best performer among the 11 sectors of the S&P 500 over the past three years, but investors remain wary of oil and natural-gas producers and the companies that service t
Oil prices rise on Middle East tensions
12:45pm, Monday, 26'th Aug 2024
Oil prices (CL=F, BZ=F) are rising on Monday as Middle East tensions escalate following an Israeli strike on Hezbollah in Lebanon over the weekend. Also driving prices is Libya's decision to halt oil
Dow Jones Industrial Average: Fed Rate Cuts and Oil Price Surge Fuel Market Rally
11:03am, Monday, 26'th Aug 2024
Fed rate cut bets boost Dow and S&P500 near record highs, while energy stocks soar on a 3% oil price surge. Key earnings reports could shape market trends.
