USO241213C72000
- 1.33
- -0.30-18.40%
United States Oil Fund LP Newsroom
Crude Headed for 1st Weekly Rise Since November on Tighter Sanctions on Iran and Russia
Oil Headed for Weekly Gains as Sanctions Outlook Raises Supply Worries -- Market Talk
Midday Crude Oil Analysis: OPEC+'s production cuts delayed, can the surplus crisis in the oil market in 2025 be avoided?
During the early trading session in Asia, the Intercontinental Exchange (ICE) Brent Crude Oil Product Futures prices remained stable as the market weighs the predictions of a supply surplus in 2025 and reduced refinery running.
Under pressure from the threat of Trump's trade war? Canada is considering imposing tariffs on Uranium, oil, and potash as retaliation.
Canada is the largest external source of oil supply for the USA and also the largest external source of Uranium for USA nuclear power plants. The potash produced in the western provinces of Canada is an important source of fertilizer for USA farms. The media reports that imposing export taxes on these Commodities is Canada's most desperate choice, and Canada is more likely to impose retaliatory tariffs on imported USA-manufactured goods, as well as implement export controls on certain Canadian products.
Market Chatter: Quebec, Newfoundland Reach a $24 Billion Energy Deal
Update: WTI Oil Edges Down as the IEA Sees the Market Over Supplied in 2025
January WTI Crude Oil Contract Closes Down US$0.27; Settles at US$70.02 per Barrel
IEA Lifts 2025 Oil Demand View, yet Expects Comfortably Supplied Market
Sector Update: Energy Stocks Mixed Premarket Thursday
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Thursday as Traders Pull Back in Anticipation of More Inflation Data
IEA Monthly Report: Even if OPEC+ delays production increases, there will still be an oversupply of oil next year!
The IEA stated that if OPEC+ implements the production recovery plan starting in April, the Global market will face a surplus of 1.4 million barrels per day. The IEA has raised the forecast for global oil demand growth in 2025 by 90,000 barrels to 1.1 million barrels, mainly due to the economic stimulus measures recently announced by China.
Crude Oil Jumps Back Above $70 as US Inventories Fall to Lowest Level
Oil Brief: NY Crude Down 0.2% at About US$70.10
OECD Production of Crude Oil, Natural Gas Liquids and Refinery Feedstocks Rose Slightly YoY in September, IEA Reports
Commodity Roundup: Commerzbank 2025 Copper View; ING Sees Energy Markets Under Pressure
U.S. Crude Oil Stocks Declined by 1.4 Million Barrels in Week Ended Dec. 6, EIA Reports
Crude Oil Price Gains Capped by Weak Demand Outlook, U.S. Inventory Report
The largest Crude Oil Product supply agreement between India and Russia is coming! It is reported that Reliance will purchase 0.5 million barrels of Russian oil daily.
① The Russian state-owned oil company Rosneft is reportedly set to supply nearly 0.5 million barrels of Crude Oil Product per day to India's Reliance Industries; ② This agreement will last for 10 years, with an annual supply accounting for 0.5% of the Global market, valued at 13 billion dollars based on current oil prices. ③ This will be the largest Energy cooperation agreement in the history of India and Russia.
Afternoon Crude Oil Product analysis: USA crude oil inventories have plummeted, can oil prices continue to rise?
The US Energy Information Administration (EIA) reported that for the week ending December 6, US Crude Oil Product inventories decreased by X thousand barrels...
WTI Edges Higher to Near $70.00 on China Stimulus, New EU Sanctions Against Russia