United States Oil Fund, LP (USO)

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United States Oil Fund, LP News

Will Chinese Demand Keep This Oil ETF GUSHing?

By ETF Trends - Feb 10, 2021

With oil sparking an energy rally, the spotlight is back on the sector once again. An additional catalyst could be China’s demand for oil, which could help fuel the Direxion Daily...

UPDATE 8-Oil climbs 5% on U.S. jobless drop, OPEC+ meeting hopes By Reuters - Jun 05, 2020

* Brent, WTI gain for sixth week * Brent has risen 19% this week, WTI up 11% * OPEC+ to meet Saturday to discuss output cuts - Russia * U.S. Gulf offshore fields in path of Storm...

Oil Jumps 5% on Surprise U.S. Jobs Gains; Bulls Await OPEC By Investing.com - Jun 05, 2020

By Barani Krishnan Investing.com - Oil prices jumped 5% after a surprise rebound in U.S. jobs numbers in May. Speculation that OPEC will extend production cuts at its Saturday...

United States Oil Fund, LP Analysis

USO: 3 Reasons To Expect A Pullback In Crude Oil

By Seeking Alpha - Feb 08, 2021

FX: China Worries Challenge Early Signs of Global Recovery By Kathy Lien - May 21, 2020

The U.S. dollar traded higher against all of the major currencies today, but its gains were modest as investors worry about ongoing U.S.-China tensions. The Trump administration...

Fed's Powell Sends Mixed Messages As FOMC Minutes Show Optimism And Pessimism By Darrell Delamaide/Investing.com - May 21, 2020

Federal Reserve Chair Jerome Powell is not an economist and his plain-speaking policy steers him away from “on the one hand-on the other hand” dichotomies, but his...

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