USL - title

2023-03-10 18:12:19 ET

• oil posted a weekly loss as traders await clearer signals on Chinese demand trends
• Crude oil futures lost ground for the week amid doubts about the outlook for global demand
• Front-month Nymex crude oil ( CL1:COM ) for April delivery settled -3.7% to $76.68/bbl this week, down five ofthe past seven weeks, and May Brent crude ( CO1:COM ) closed -3.5% to $82.78/bbl.
• Meanwhile, Nymex natural gas ( NG1:COM ) for April delivery finished -19.2% to $2.43/MMBtu, plunging 47.5% so far this year.
• ETFs: ( USO ), ( BNO ), ( UCO ), ( DBO ), ( SCO ), ( USL ), ( DRIP ), ( GUSH ), ( USOI ), ( NRGU ), ( UNG ), ( UGAZF ), ( BOIL ), ( KOLD ), ( UNL ), ( FCG )
• The Energy Select Sector SPDR ETF ( XLE ) closed -4.7% for the week.
• Top 5 gainers in energy and natural resources during the past 5 days: ( VST ) +14.5% , ( PPSI ) +7.2% , ( ENLT ) +7.2% , ( TPIC ) +6.2% , ( DKL ) +4% .
• Top 10 decliners in energy and natural resources during the past 5 days: ( NINE ) -35.1% , ( AMTX ) -30.2% , ( ICD ) -23.7% , ( VTNR ) -23% , ( SLI ) -22.7% , ( NM ) -22.2% , ( AMPY ) -20.7% , ( AMLI ) -20.6% , ( HPK ) -20.6% , ( SBOW ) -19.5% .
• Source: Barchart.com

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