NYSE:USO
United States Oil Fund, LP ETF News
$76.25
+0.370 (+0.488%)
At Close: May 16, 2024
OPEC switches to 'call on OPEC+' in global oil demand outlook, sources say
11:33am, Thursday, 09'th May 2024
OPEC will stop publishing a calculation of the world's demand for its own crude in its monthly oil report, two sources close to the matter said, focusing instead on forecasts for demand for oil from t
US flags environmental risks from illicit transfers of Iranian oil off Malaysia, report says
07:16am, Thursday, 09'th May 2024
A U.S. treasury official warned of environmental risks from illicit transfers of Iranian oil off Malaysia, news portal Malaysiakini reported on Thursday, as the United States narrows its focus on fina
Bear market for diesel spells fresh troubles for oil
06:46am, Thursday, 09'th May 2024
Profit margins for diesel are slumping as new refineries boost supplies and as mild weather in the northern hemisphere and slow economic activity eat into demand, putting oil prices under further down
Oil futures extend rise seen after drop in U.S. crude inventories
06:46am, Thursday, 09'th May 2024
Oil futures rose Thursday morning, building on a gain seen the previous session after government data showed an unexpected drop in U.S. crude inventories last week.
Crude Oil News Today: Prices Climb on US Stock Draws, Rising Chinese Imports
06:37am, Thursday, 09'th May 2024
The immediate outlook for the crude oil market is bullish, as traders anticipate demand trends to drive prices higher in the near term.
Natural Gas and Oil Forecast: Energy Prices Climb Over 0.25%; More Upside Ahead?
01:40am, Thursday, 09'th May 2024
As energy prices notch a modest increase over 0.25%, analysts speculate on the potential for further gains amid fluctuating market conditions.
Oil rises on U.S. crude storage draw, Fed rate cut hopes
08:53pm, Wednesday, 08'th May 2024
Oil prices rose in early trade on Thursday as shrinking U.S. crude inventories signalled tighter supply, and amid rising hopes that the Federal Reserve would cut interest rates by the end of the year.
Goldman Sachs sees OPEC+ unlikely to raise production at June meeting
05:10pm, Wednesday, 08'th May 2024
Goldman Sachs on Wednesday said they no longer expect OPEC+ to announce a partial unwind of voluntary production cuts in June.
Russia cuts oil production by less than agreed last month, Bloomberg says
03:19pm, Wednesday, 08'th May 2024
Russia cut its crude oil production by less than pledged last month, exceeding a target agreed on in March with the Organization of Petroleum Exporting Countries (OPEC), Bloomberg news reported, citin
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As Crude Inventories Decline
02:19pm, Wednesday, 08'th May 2024
Oil prices moved away from multi-week lows.
The Oil Market was a Victim of its Own Success
12:49pm, Wednesday, 08'th May 2024
The oil market was a victim of its own success, notes Carley Garner. She and Robert Yawger discuss crude oil (/CL).
The Oil Market Doesn't Seem Worried About Middle East Tensions. Here's Why.
09:46am, Wednesday, 08'th May 2024
Ceasefire negotiations between Israel and Hamas are continuing in Qatar, brokered by CIA Director William Burns.
Oil prices fall more than 1% as market softens on rising inventories
08:22am, Wednesday, 08'th May 2024
Oil prices have fallen 8% since April highs, but Morgan Stanley sees a tighter market heading into summer driving season.
Oil prices slump after industry data shows rise in U.S. crude inventories
07:45am, Wednesday, 08'th May 2024
Oil futures were lower Wednesday morning, losing ground after industry data showed a rise in U.S. crude and product inventories, underlining concerns around the outlook for domestic demand.
Crude Oil News Today: Prices Slide as US Stockpiles Grow
06:38am, Wednesday, 08'th May 2024
The outlook for the oil market in the short term appears bearish, influenced by high inventory levels and downward adjustments in demand projections.