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Buy USO
$133.02
-3.72 (-2.72%)
At Close: Jun 05, 2026
US speeds up return of oil to Strategic Petroleum Reserve -Energy Dept
02:42pm, Friday, 01'st Dec 2023
The U.S. Department of Energy has sped up the return of 4 million barrels of oil to the Strategic Petroleum Reserve, from a previous exchange of crude to energy companies, as it seeks to replenish the
Biden administration plans to buy 2.7M oil barrels to refill emergency stockpile
12:25pm, Friday, 01'st Dec 2023
The Biden administration announced on Friday that it plans to buy 2.7 million barrels of oil to help replenishing the nation's Strategic Petroleum Reserve.
For Global Leaders At COP28, It's Time To Turn Talk Into Action
12:01pm, Friday, 01'st Dec 2023
At COP28, policymakers, experts, scientists, advocates, farmers, young people, and passionate eaters will come together to guide the world forward.
Crude Oil Price Forecast – Crude Oil Markets Continue To Show Volatility
11:43am, Friday, 01'st Dec 2023
Crude oil markets have been all over the place over the last couple of days, as we continue to bounce around in a well-defined consolidation region.
UNICEF: Fossil fuels must be phased out
11:37am, Friday, 01'st Dec 2023
"The only acceptable role that fossil fuel industries have is to phase out fossil fuels" Vanessa Nakate, the UNICEF goodwill ambassador, says #africa needs green energy investment to lift communities
Energy traders sell the OPEC news; a rebound is coming
10:45am, Friday, 01'st Dec 2023
The price of WTI and Brent crude fell despite another production cut from OPEC. The cut was expected and helps keep the oil market in a tight balance, so this looks like a buy-the-rumor-sell-the-news
How Will the OPEC Supply Cuts and Brazil's Entry Impact Oil?
09:46am, Friday, 01'st Dec 2023
While OPEC's latest cut failed to buy oil prices, there is a significant opportunity to be had for investors who are willing. We suggest buying stocks like SU, EOG and MUR.
Vietnam, at COP28, details plan to use $15.5 billion funding to cut coal use
09:18am, Friday, 01'st Dec 2023
Vietnam's Prime Minister Pham Minh Chinh said on Friday that his country has forged a plan with G7 governments and lenders for how it would use an agreed multi-billion dollar cash injection to reduce
U.S. Oil Land Grab Continues
09:03am, Friday, 01'st Dec 2023
Occidental's talks with CrownRock will make the few remaining large parcels in the Permian basin pricey.
Natural Gas and Oil Analysis: Market Reactions to OPEC+ Decisions and Technical Trends
08:11am, Friday, 01'st Dec 2023
Oil prices exhibit stabilization following OPEC+'s production cuts, with Brent crude and WTI futures experiencing modest increases amid market skepticism.
Exclusive: At COP28, donors join IFC to lure $11 bln in climate cash
08:04am, Friday, 01'st Dec 2023
Some of the world's biggest charities have joined forces with the World Bank's private investment arm in a climate financing venture to try to generate $11 billion in investments in developing countri
Oil prices stabilize after slumping on OPEC+ disappointment
07:53am, Friday, 01'st Dec 2023
Oil futures rose Friday, attempting to find their footing and on track for weekly gains, after slumping the previous session after the outcome of an eagerly awaited OPEC+ meeting left traders unconvin
COP28 Will Generate Headlines But Not Much Else
07:47am, Friday, 01'st Dec 2023
COP28 will not seriously address the problem of energy poverty, because it requires either expensive renewables or 'bad' fossil fuels.
Oil Prices Forecast: Mixed Reactions to OPEC+'s Production Strategy
12:38am, Friday, 01'st Dec 2023
OPEC+'s latest strategy, impacting crude oil futures, seeks to adjust supply in response to 2024's economic outlook.
Oil prices fall, extend slide after OPEC+ cuts underwhelm
08:40pm, Thursday, 30'th Nov 2023
Oil prices fell in early Asian trade on Friday, extended losses after OPEC+ producers agreed to voluntary oil output cuts for the first quarter next year that fell short of market expectations.
