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United States Oil Fund LP Newsroom
Brent crude futures surged over 4%! Chevron and Occidental Petroleum both rose over 2%, and Goldman Sachs emphasized that oil demand will expand due to the cold winter.
On Friday, influenced by the decline in USA Crude Oil Product inventories, the international crude oil price benchmark—Brent Futures price rose by over 2%, breaking through $78.5 per barrel.
U.S. Baker Hughes Oil Rig Count -2 To 480; U.S. Baker Hughes NatGas Rig Count -3 To 100
Wall Street Tumbles On Blowout Payrolls, Oil Rallies To $76, US Dollar Hits 26-Month Highs: What's Driving Markets Friday?
Biden Administration Climate Model For Clean Fuel Tax Credits Will Not Include Climate Smart Agricultural Practices; Biden Administration's Plan Would Make It Harder For Ethanol Producers To Receive Credits For Sustainable Aviation Fuel Production;...
Oil Is the Most Oversold Asset Globally – BofA
Sector Update: Energy Stocks Rise Pre-Bell Friday
Oil Remains Well Supported – ING
Oil Brief: NY Crude Up 2.8% at US$76
Commodity Roundup: Outlook Remains Bearish for European Gas Prices, BMI Says, Henry Hub Prices to Rises 41% Y-o-y
The "monsters" in the oil market are starting to retreat, and oil prices are about to reveal their true colors.
Algorithm traders who have been dominating the Crude Oil Product market are withdrawing, and traders focused on supply and demand fundamentals are expected to regain control.
WTI Holds Steady Above $73.50 Amid Stronger US Dollar, Potential Supply Disruptions
Energy Sector Flips From S&P 500's 'Worst to First' to Start 2025
February WTI Crude Oil Contract Closes Up US$0.60; Settles at US$73.92 per Barrel
Oil Prices Move Higher as U.S Inventories Decline
U.S. Crude Oil Stocks Fall 1 Million Barrels in Week Ended Jan. 3, EIA Reports
Oil Prices Grow Amid OPEC+ Decision to Extend Cuts – ING
U.S. on Track to Post Largest Trade Deficit in History in 2024, National Bank Says
Crude Oil Prices Mostly Unchanged as Market Weighs Winter Demand Against Higher U.S. Fuel Stocks
Want to bring down oil prices? Trump's tough talk may have been premature!
The USA's Energy production is indeed expected to rise, but most of the growth will come from Henry Hub Natural Gas rather than oil.
A strong response to the 'Trump tariff threat'! Canada’s Energy Minister: The USA cannot find alternatives at all.
① The Canadian Minister of Energy, Jonathan Wilkinson, stated that Trump's claim that the USA does not need anything from Canada is "completely wrong." ② Wilkinson mentioned that the USA finds it difficult to find alternatives to Canadian Crude Oil Product, Uranium, and potash, and warned that trade retaliation measures, including export taxes, may be taken.