NYSE:USO

United States Oil Fund Lp ETF News

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$133.02
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At Close: Jun 05, 2026

Rising Oil Prices And Weakening Chinese Data

09:30am, Wednesday, 06'th Sep 2023
A jump in crude oil prices and further weakening in China sent stocks lower to kick off the holiday shortened week.
OPEC giants extend voluntary cuts, with crude oil futures nearing 9-month peaks as global inventory concerns rise.
Oil prices ticked up on Thursday, as markets worried about a supply shortage after Saudi Arabia and Russia extended their voluntary supply cuts to the end of the year.

U.S. oil futures end at highest since November

02:43pm, Tuesday, 05'th Sep 2023
U.S. oil futures settled Tuesday at their highest since November, lifted by news that Saudi Arabia and Russia have decided to extend their production cuts to the end of the year. October West Texas In
Both countries said they would review the supply cuts monthly, and could modify them depending on market conditions.
Saudi Arabia and Russia extended production cuts until the end of this year.
Near-term prices for oil traded on Tuesday at their steepest premium since November to later-dated prices after Saudi Arabia and Russia announced plans to extend voluntary oil supply cuts for three mo
Vectis Energy Partners Principal Tamar Essner joins Yahoo Finance Live to discuss what this means for the oil market. Essner notes that “Saudi Arabia might have a little bit of difficulty because th
Oil prices have jumped in the past five days after Saudi Arabia and Russian producers issued extensions to their voluntary supply cuts. Yahoo Finance Markets Reporter Ines Ferre analyzes the move past
Oil prices hit a new high for the year so far after Saudi Arabia and Russia — the world's biggest crude exporters — said they would extend output cuts by at least another three months.
Oil futures edged lower early Tuesday, pulling back from 2023 highs, after downbeat economic data from China raised worries about global demand.
OPEC's production strategy meets headwinds from China's economic indicators, spotlighting a volatile tug-of-war in crude oil futures.
The US dollar is losing some influence in the oil markets, according to JPMorgan. The correlation between the USD's strength and oil prices has weakened, per the bank's research.

Will Crude Oil Hit $100 Per Barrel?

09:53pm, Monday, 04'th Sep 2023
West Texas Intermediate Crude Oil is currently trading above $85, Brent Crude is above $88 $100 could be the next stop in the uptrend, but it's OPEC that holds the key
Oil prices were mixed on Tuesday as support from China's measures to shore up its economy vanished, offsetting expectations of an extension in supply cuts by two leading OPEC+ members Saudi Arabia and
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