United States Oil Fund
NYSE ARCA: USO
$74.66
+$0.12 (+0.2%)
Closing Price on November 7, 2024
USO Articles
There were two very interesting events in the crude oil markets today. As with almost all Wednesday’s we got the weekly crude oil inventory data from the Department of Energy. This data was...
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Crude oil futures rose to their highest point in seven weeks this morning, trading above $79/barrel. Cold, snowy weather in the Northeast and the Midwest are the likely suspects for the increase...
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There is some mixed data from the Department of Energy on its weekly inventory data today, although the negatives here seem to outweigh the gains. We are watching the Oil Services HOLDRs (NYSE:...
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The weekly rig count data from Baker Hughes Incorporated (NYSE: BHI) is out, and it seems that the corrective phase in the price of oil is starting to create mixed data in the rig counts. There is...
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The weekly oil inventory data from the Department of Energy is out with some very mixed data. The headline data on crude may be a shocker, but the rest of the data is counteracting it somewhat. ...
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Baker Hughes Incorporated (NYSE: BHI) has just released its weekly rig counts. It looks like we have another week of rig count growth on the three major counts, a positive development for those...
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The Department of Energy has just released its new weekly data on oil inventories. The headline data looks good for those wanting lower oil prices, but there is actually some very mixed data in the...
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The Department of Energy has just released this week’s oil inventories data. While there are gains almost on all counts, this may not be enough. The key ETFs that react to the news are the...
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Baker Hughes, Inc. (NYSE: BHI) has released its data on the weekly rig counts and most are up. We are watching the key ETF products react via the Oil Services HOLDRs (NYSE: OIH), the Ultra Oil &...
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The Department of Energy has just released its weekly oil inventories data and those wanting stable prices from oil data may be disappointed. We are watching the key ETFs around the news via the...
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The weak dollar has definitely been a contributor to the rise in the price of gold. And it is also partly responsible for some of the oil gains that took prices back over $80 per barrel before the...
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Oil and gas companies have closed or winding down many US Gulf operations ahead of a very late in the year Hurricane Ida. The weekend reports had this one dissipating then the reports early this...
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The latest weekly inventories data from Department of Energy in crude and oil products is adding more support and adding fuel to a fire in the commodity rally today. It looks like we are back to...
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This week’s data from Baker Hughes, Inc. (NYSE: BHI) on the weekly rig counts looks better and less mixed than in other weeks despite the notion that all projects should be financially sound at...
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We have just seen this week’s latest Department of Energy weekly oil inventory data. The new report is on the heels of a sudden rise in oil prices followed by an almost just as sudden drop in oil...
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