United States Oil Fund
NYSE ARCA: USO
$74.66
+$0.12 (+0.2%)
Closing Price on November 7, 2024
USO Articles
The Department of Energy is out with its weekly oil data and the data is showing a larger draw-down that what API had signaled yesterday. Crude oil inventories fell by 4.729 million barrels to...
Published:
Last Updated:
After posting a three-month low last month, WTI crude oil prices have been making a comeback as the agreement on Greek debt appears to be set, which has put some strength back in the euro and...
Published:
Silver and gold, and oil and other commodities, are heading south all over again this morning. Whether you want to blame reports of higher prices or a slowing of global growth is up to you, but a...
Published:
The big Greek rumors are already being refuted today, but it doesn’t matter. Friday’s big rumor is that Greece will leave the Eurozone. Our prediction: this rumor is not true now, but on a...
Published:
Last Updated:
The reaction to the death of terror mastermind Osama Bin Laden has had what feels like a very limited impact on key financial markets, particularly if you go back and relive the week after the...
Published:
Today’s commodities news leads off with report that Goldman Sachs Group Inc. (NYSE: GS) and its leading commodities strategist are recommending that investors abandon long positions in copper and...
Published:
Last Updated:
Time for our daily look at the world of commodity prices and key developments. This Friday brings gold and silver, corn prices on the rise, and even a positive read on aluminum. Commodities markets...
Published:
Last Updated:
Time for our daily look at the world of commodity prices and key developments. We have cotton issues, oil spikes, issues around rare earth elements, and precious metals on the docket. Even though...
Published:
Last Updated:
Time for our daily look at the world of commodity prices and key developments. Corn futures continue their seemingly inexorable march toward $8/bushel as wet and windy weather in the US Midwest...
Published:
Last Updated:
Analyst calls are sometimes favorable and sometimes off the mark. Still, analysts move stocks and often offer keen insight not seen elsewhere. Each week we review the major analyst calls for those...
Published:
Last Updated:
Oil is really trading above $100.00 now. Brent Sea Crude April11 Futures on ICE were at $102.97 Thursday, while WTI Crude March11 futures went out at $86.45. What is interesting is that there is...
Published:
Last Updated:
The Department of Energy is out with its weekly inventories data. There appears to be some seasonality and weather issues, and it will be interesting to see these figures next week when you...
Published:
Last Updated:
Baker Hughes Incorporated (NYSE: BHI) has just released its weekly rig count, and the rig count is back up. In the rig count data for services business there is the Oil Services HOLDRs (NYSE: OIH)...
Published:
Last Updated:
The Department of Energy issued yet another large drop in crude oil inventories in the U.S. for the latest week. We are watching the key ETFs of Oil Services HOLDRs (NYSE: OIH) and the United...
Published:
Last Updated:
The Department of Energy has just released what may seem like a shocking drop in its weekly report on oil inventories. This morning’s data has a potential impact on the key ETFs of Oil Services...
Published:
Last Updated: