USO News and Press, United States Oil Fund From 06/25/24

2024-06-25 02:40:00 ET Summary The big news last week was that the Commerce Department reported that retail sales rose by only 0.1% in May, below the analysts’ consensus estimate of 0.3%. Like the G7 conference in Italy, the recent Ukrainian peace conference in Switzerland ...

2024-06-24 19:20:37 ET More on energy sector stocks After The Summit: U.S. Energy, Global Energy - Drivers And Opportunities XLE: The Biggest S&P 500 Sector Shareholder Yield, A Compelling Value Case XLE: Market Misunderstanding Creates An Opening Read ...

2024-06-24 16:10:00 ET Summary My expectation for West Texas Intermediate oil prices for July is unchanged from June. That is, WTI should range from $75 to $95 per barrel. Several Canadian oil and gas investors on X (formerly Twitter) attributed this fall in value to the upcoming ...

2024-06-24 06:08:35 ET Energy... Crude oil ( CL1:COM ) +0.52% to $81.01. Natural Gas ( NG1:COM ) -0.28% to $2.71. Metals Palladium ( XPDUSD:CUR ) +4.45% to $951.50. Platinum ( XPTUSD:CUR ) +0.89% to&#...

2024-06-23 09:47:49 ET Summary The risk of recession is rising with the weakening labor market. The political situation in France could trigger the widening of credit spreads globally, and further tightening of financial conditions. The AI bubble is topping with the recent rev...

2024-06-21 18:55:07 ET Crude oil futures fell on Friday but ended the week higher, aided by indications of stronger U.S. demand and a rising perception of risk from a wider Middle East conflict that could endanger oil flows from the region. Exchanges of fire are rising between Israel ...

2024-06-21 14:10:27 ET More on crude oil The May Commodities Rally Comes To An Abrupt End Tensions In The Middle East Likely To Bode Well For Oil Bulls U.S. Oil Fund: Time To Take Profits Read the full article on Seeking Alpha For further details see:...

2024-06-21 13:11:52 ET Summary Brent crude and WTI crude prices remain elevated, up about 13% and 14.5%, respectively, from last year. EIA forecasts a shortage of oil supply compared to demand, with a potential oversupply situation in 2025. OPEC+ nations plan to phase out prod...

2024-06-21 06:11:30 ET Energy... Crude oil ( CL1:COM ) +0.02% to $81.26. Natural Gas ( NG1:COM ) -1.60% to $2.68. Metals Palladium ( XPDUSD:CUR ) +0.94% to $914.00. Platinum ( XPTUSD:CUR ) +0.64% to&#...

2024-06-20 19:15:19 ET More on energy sector stocks After The Summit: U.S. Energy, Global Energy - Drivers And Opportunities XLE: The Biggest S&P 500 Sector Shareholder Yield, A Compelling Value Case XLE: Market Misunderstanding Creates An Opening Read ...