USO is intended to replicate the daily movements of West Texas Intermediate (WTI) crude oil futures. It does this mainly through holding near-month NYMEX futures contracts, and as such, it is ...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the United States Oil Fund LP (Symbol: USO) where we have detected an ...
Oil-focused ETFs came under pressure this week after OPEC+ announced plans to boost production starting in September, raising fresh concerns over an oversupplied market. USO ETF is in the red today.
Brent crude prices hovered around $62 per barrel at the time of writing, after a 4% decline in the previous session. ・The ...
Crude oil price paused on its downtrend in Thursday’s intraday trade after hitting a fresh three-week low earlier in the ...
To say the energy space has been volatile this year may be a colossal understatement. Crude oil, natural gas and energy-related stocks have experienced wild swings in both directions that include ...
HighTower Advisors LLC lessened its stake in shares of United States Oil Fund LP (NYSEARCA:USO – Free Report) by 10.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor ...
Commonwealth Equity Services LLC trimmed its holdings in shares of United States Oil Fund LP (NYSEARCA:USO – Free Report) by 10.8% in the fourth quarter, HoldingsChannel reports. The firm owned 23,947 ...
Oil prices have gone berserk in the past week. The May contract for West Texas Intermediate, which is the main oil price benchmark, plunged into negative territory on Monday. Like a game of musical ...