NYSE:USO

United States Oil Fund Lp ETF News

etoro logo Buy USO
*Your capital is at risk
$125.43
-3.40 (-2.64%)
At Close: Jun 12, 2026

Crude Inventories Fall By 4.9 Million Barrels

10:46am, Wednesday, 17'th Jul 2024
Gasoline inventories increased by 3.3 million barrels, exceeding analyst expectations.
Daan Struyven, Goldman Sachs head of oil research, joins 'Squawk Box' to discuss the state of the energy market, impact of a potential second Trump term on energy and oil markets, and more.
Oil futures traded flat to slightly lower, struggling to hold on to gains seen after industry data showed a large drop in U.S. crude inventories ahead of official figures due Wednesday morning.
Oil prices steady as US inventory drop counters China demand worries. Fed rate cut hopes and geopolitical risks add support.
U.S. crude inventories dropped by 4.4 million barrels, boosting oil prices, while Natural Gas rose to $2.18, up 0.18%.
Oil prices were steady in early Asian trade on Wednesday, with global benchmark Brent hovering near the one-month low it hit in the prior session, as signs of weakening demand growth in China clashed
Following a 61.8% retracement, crude oil approaches critical support at the 50-Day MA, with potential bullish signals on the horizon.
Oil markets test new lows amid lack of positive catalysts.
The West Texas Intermediate crude oil market broke down early during the session, but it now looks like it is trying to recapture the $80 level.
Oil futures fell Tuesday, on track for a three-day losing streak, as investors worried about demand from China, the world's second-largest consumer of crude.
Crude oil weakness persists as China's economic slowdown concerns outweigh potential Fed rate cut expectations, pressuring market sentiment.
China's economic slowdown impacts energy markets, pushing oil prices down to $81.60 and natural gas to $2.17.
Oil prices edged lower on Tuesday on worries about a slowing Chinese economy crimping demand, though a growing consensus that the U.S. Federal Reserve will begin cutting its key interest rate as soon
G2 Energy Corp (CSE:GTOO, OTC:GTGEF) provided an operational update highlighting its activities and production figures for June 2024. Despite encountering additional work and repairs during its workov
The crude oil markets overall look well supported, and I think at this point in time we are going to continue to see the overall sideways but positive attitude.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE