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Buy USO
$131.30
-3.85 (-2.85%)
At Close: Jun 09, 2026
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Traders Focus On Falling Treasury Yields
01:47pm, Wednesday, 12'th Jun 2024
The bearish EIA report did not put pressure on the oil markets.
Crude Inventories Rise By 3.7 Million Barrels, Exceeding Analyst Expectations
10:59am, Wednesday, 12'th Jun 2024
Gasoline inventories increased by 2.6 million barrels from the previous week.
Crude Oil Price Forecast – Crude Oil Continues to Recover
09:34am, Wednesday, 12'th Jun 2024
The crude oil market rallied in the early hours on Wednesday, as the market continues to look for momentum to the upside. This is a market that continues to see a lot of noise, but we have been overso
Why big oil may have the upper hand in lithium tech - Lithium Royalty's Rob Weir
08:28am, Wednesday, 12'th Jun 2024
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.
U.S. crude oil extends gains, trades above $78 as Department of Energy sees supply deficit
08:22am, Wednesday, 12'th Jun 2024
The Department of Energy raised its global oil demand forecast and sees a supply deficit this year. OPEC maintained robust oil demand and economic growth forecasts.
Oil prices rise after industry data shows fall in U.S. crude, gasoline inventories
07:21am, Wednesday, 12'th Jun 2024
Oil futures rose Wednesday as investors sifted through a raft of updated forecasts and awaited official data on U.S. inventories after industry figures showed a decline last week in crude stocks.
Oil's last ‘hurrah' is coming. Here's the commodity investors should be buying instead, says Citi
06:57am, Wednesday, 12'th Jun 2024
Those events “could determine the global market mood for the rest of the month, and a good part of summer,” observes Ipek Ozkardeskaya, senior analyst at Swissquote Bank.
Crude Oil News Today: Prices Climb on Strong Short-Term Demand Projections
06:39am, Wednesday, 12'th Jun 2024
In the short term, the outlook for oil prices remains bullish, supported by strong demand projections and declining U.S. inventories.
IEA Predicts Bearish Long-Term Outlook for Oil with Surplus and Peaking Demand
05:30am, Wednesday, 12'th Jun 2024
The IEA forecasts a bearish long-term outlook for crude oil with peaking demand, significant supply surplus, and a shift to renewable energy sources.
Oil prices rise despite warnings of a "major surplus" this decade
04:20am, Wednesday, 12'th Jun 2024
Oil prices have rallied this morning despite the International Energy Agency's warning that the world will face a "major surplus" of the commodity by the end of the 2020s. Slowing demand caused by the
Big Oil given stark warning as peak crude and a major supply surplus expected by 2030
04:01am, Wednesday, 12'th Jun 2024
In its latest medium-term market report, titled Oil 2024, the IEA said oil demand growth was on track to slow down before reaching its peak near 106 million barrels per day by 2030. At the same time,
Natural Gas and Oil Forecast: Oil Prices Rise Over 0.25%; More Upside Ahead?
02:08am, Wednesday, 12'th Jun 2024
U.S. oil inventories dropped by 2.4 million barrels, boosting oil prices over 0.25%. Could this signal further gains ahead?
Oil prices edge up on optimistic demand outlook
08:33pm, Tuesday, 11'th Jun 2024
Oil prices ticked higher on Wednesday on upbeat global demand views from the U.S. Energy Information Administration and OPEC.
Crude Oil Price Forecast: Eyes Bullish Targets
04:46pm, Tuesday, 11'th Jun 2024
Crude oil surged above key resistance levels, reaching a new high of 78.52, and may continue its bullish trend towards the 200-Day MA at 79.96.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Is Mostly Flat As Traders Focus On OPEC Demand Forecast
02:28pm, Tuesday, 11'th Jun 2024
OPEC maintained its global oil demand growth forecast for 2024.
