Iranian Strikes on Qatar Sent Oil Surging 8% and USO Along With It
Understandably, United States Oil Fund (NYSEARCA:USO) is going to be something the world keeps a close eye on this week, as the stock has surged 6.87% in the past week and is…
Understandably, United States Oil Fund (NYSEARCA:USO) is going to be something the world keeps a close eye on this week, as the stock has surged 6.87% in the past week and is…
Invesco DB Oil Fund (NYSE:DBO) advertises a yield that attracts income-seeking investors looking to capitalize on oil market exposure. However, the sustainability of this ETF’s distributions requires careful examination, as DBO generates…
It appears that the regulators have decided to go after the United States Oil Fund, the so-called Oil ETF.
It seems impossible to think that a commodity price could trade below zero. Particularly when you are talking about oil, which still powers most of the world’s transportation at this time. While…
Investing in commodities like crude oil can be tricky. For investors who can don't mind the risks, here are some funds that may be worth a look.
Reported cuts in world crude oil production and encouraging words on the U.S.-China trade talks have overcome significant increases in U.S. petroleum inventories to keep prices about 2% above last night's closing…
The U.S. crude oil inventory added 1.3 million barrels last week according to the weekly report from the Energy Information Administration.
The U.S. crude oil inventory remained virtually unchanged week over week for the week ended on December 28. Crude prices have been rising on reports of fresh trade talks between the United…
The U.S. commercial crude oil inventory dropped by less than 1 million barrels last week while gasoline and diesel fuel supplies fell as well. The overall inventory drop was not enough to…
The U.S. commercial crude oil inventory dropped by more than 1 million barrels last week, a far smaller drop than reported Tuesday night by the American Petroleum Institute. The price of crude…
The U.S. crude oil stockpile dropped by more than 7 million barrels last week largely due to a big jump in crude oil exports.
The U.S. crude oil inventory posted it 10th consecutive weekly rise last week and prices, which had drifted lower Wednesday morning, first dipped lower then steadied.
The U.S. commercial crude oil inventory rose more than expected last week. Stockpiles of gasoline and diesel fuel dropped, and U.S. crude oil production remained at all-time highs.
The U.S. crude oil stockpile soared by more than 10 million barrels last week according to the latest official report. Inventories have now risen for eight consecutive weeks.
The U.S. commercial crude oil inventory rose by nearly 6 million barrels last week while gasoline inventories rose by nearly 2 million barrels. Falling prices will get no boost from this report.