United States Oil Fund
NYSE ARCA: USO
$69.75
-$1.54 (-2.2%)
Closing Price on November 15, 2024
USO Articles
Baker Hughes Incorporated (NYSE:BHI) has released its weekly data on rig counts, and it seems that the suddenly higher oil prices are reversing some declines. There has still been no set direction...
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The weekly data from the Department of Energy is showing some gains in crude oil again and some weaker-than- expected gasoline draws. Weekly crude oil inventories went up by 1.67 million barrels to...
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Oil was already against the ropes and off current highs because of the CFTC seeking limits on speculators and on non-end-user trading activities in the energy commodity markets. But this...
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Baker Hughes Incorporated (NYSE: BHI) has released its newest data on rig counts for the last week, and it seems that oil and gas producers might finally be increasing their rigs with higher prices...
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We have noted how CFTC inquiries and reviews into whether or not the size of certain speculative instruments in commodities markets, including ETF and ETN instruments, is likely to be regulated in...
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The Department of Energy has just released its weekly oil inventories. As this is the summer driving season, we saw a drop in crude and a build in gasoline inventories. The United States Oil...
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It looked for a moment as though the oil and gas rig counts were finally stabilizing. Prices had recovered sharply from lows and were challenging $70.00. But as you can tell, this is all in the...
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The weekly oil inventories data came out of the U.S. Department of Energy at 10:30 AM EST this morning. Crude Oil was already down under $62.00 on global economic worries, and now WTI Crude is down...
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We are witnessing a pivotal moment in investing history. After a decade of opening up all markets to the public and to more speculators with exchange traded products, some might soon be closed to...
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The weekly oil inventories data came out of the U.S. Department of Energy at 10:30 AM EST this morning. Crude Oil was already much higher on worries that draw-downs were taking their toll on...
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We have been large fans of exchange-traded funds, exchange-traded notes, and other exchange-traded instruments which are open for trade throughout the day that are allowed to be invested in just like...
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Baker Hughes Incorporated (NYSE: BHI) has released its first rig count in weeks that shows an increase. This follows months and months of declining rig counts as many were down more than half from...
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Last week, there was more continued media coverage of the death of David Carradine about the weekend elections in Iran. Yet, here we sit on Monday and there have been riots in the streets of Tehran...
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The weekly DOE inventories confirmed the EIA data last night, and the data is about just as bullish for oil and energy prices. The United States Oil (NYSE: USO) ETF and iPath S&P GSCI Crude Oil...
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Baker Hughes Incorporated (NYSE:BHI) announced today that the international rig count for May 2009 and it looks like the endless slide we saw all of 2009 is being confirmed as either over or at least...
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