UNITED STATES 12 MONTH OIL (USL) Stock News
NYSEARCA:USL - American Stock Exchange - US91288V1035 - ETF - Currency: USD
USL Latest News, Press Releases and Analysis
Oil Stocks Rally On Anticipation Of Stricter Russian Sanctions: Here's How ETFs Are Reacting
Oil stocks and prices are rising due to strict U.S. sanctions on Russian oil. Watch these ETFs tracking oil futures and energy stocks.
OPEC+ To Delay Output Increase For 2 Months Till Prices Stabilize: Report
OPEC+ postpones output increase due to declining oil prices, may reverse if needed. Brent futures briefly above $74 before retreating.
Oil prices in focus after drone attack kills three U.S. troops, escalating Mideast crisis
Crude oil prices rose after a drone strike by Iran-backed Houthi terrorists killed three U.S. service members in Jordan, marking an escalation in the Mideast crisis.
Oil prices rise after drone attack kills three U.S. troops, escalating Mideast crisis
Crude oil prices rose after a drone strike by Iran-backed Houthi terrorists killed three U.S. service members in Jordan, marking an escalation in the Mideast crisis.
Crude oil bounces after Monday's tumble, supported by Middle East crisis (NYSEARCA:USO)
Crude oil prices rebound after Saudi Aramco's price cuts sent markets tumbling Monday.
U.S. crude oil flops 4% as Saudi price cut sparks global demand concerns (NYSEARCA:XLE)
Saudi Arabia's cut in crude selling prices causes largest drop in US oil futures since November, reigniting concerns of oversupply and weakening demand.
Crude oil slides more than 10% for the year in first drop since 2020 (NYSEARCA:XLE)
Crude oil ended 2023 with its first annual decline in three years, as war and production cuts failed to overcome rising supply growth outside of OPEC+.
U.S. oil rig count climbs by 5 to 505, Baker Hughes says (NYSEARCA:USO)
Latest weekly survey shows active drilling rigs in the US rose by 3, with crude oil rigs increasing while gas rigs declined.
OPEC+ agrees on additional 1M bbl/day oil production cut - reports (NYSEARCA:USO)
OPEC+ agrees on 1M bbl/day production cut, fueling expectations of tighter supply and boosting crude oil prices.
Rig count rises for first time in three weeks in Baker Hughes survey (NYSEARCA:USO)
The number of active drilling rigs in the US increased by 2, with crude oil rigs rising and gas rigs falling, according to Baker Hughes.
Oil posts biggest drop in six weeks, flipping to contango for first time since July
Crude oil prices hit their lowest levels since July amid concerns of weak global oil demand and rising oil stockpiles, with WTI and Brent benchmarks flipping into contango.
Oil prices hit by demand concerns after reported huge rise in U.S. crude stocks
Crude oil prices hit their lowest levels since mid-July on concerns over global demand and a reported significant increase in US supplies.
Oil prices pull back a bit on reduced fears of supply disruptions (NYSEARCA:USO)
Crude oil futures fell as market participants apparently do not expect the war in Israel and Gaza to spill into a wider conflict.
Oil prices pop after Hamas attack on Israel but analysts foresee limited gains
Crude oil and gold futures rise in response to the Hamas attack on Israel, causing potential disruptions in oil production and increasing demand for...
U.S. drilling rigs drop for third straight week, Baker Hughes says (NYSEARCA:USO)
The number of active drilling rigs in the U.S. continues to decline, with crude oil rigs in the Permian Basin experiencing the largest slide.
Crude oil slides again but Goldman Sachs sees recent drop as short-lived (NYSEARCA:USO)
Crude oil futures extended their decline to their lowest since August, but Goldman Sachs is sticking to its view that strong demand will support prices and push Brent to $100 by next spring.
Oil's push toward $100 not built to last, as higher prices start to dent demand
Crude oil experienced its best quarterly gain since start of Ukraine war, but analysts predict the rally won't last as high prices impact demand.
U.S. drilling rig count drops to lowest since February last year (NYSEARCA:USO)
The number of active drilling rigs in the US fell by 7 to 623, to its lowest since February 2022, with oil and gas rigs both declining.
U.S. crude oil hits highest since November as inventories drop to YTD lows (NYSEARCA:USO)
U.S. crude oil futures surge to new highs for the year on larger than expected drop in domestic inventories.
Cushing oil stocks lowest in more than a year spark quality, price concerns (NYSEARCA:USO)
Concerns arise as U.S. crude oil stockpiles at Cushing, Oklahoma reach a 14-month low, exacerbating supply issues and potentially increasing oil prices.
Oil price hikes a 'manageable headwind,' won't derail U.S. economy, Goldman says
Goldman Sachs says crude oil prices that have jumped 30% will not derail U.S. consumer spending or GDP growth, but CEOs warn of future shocks without increased production.
Russia's 'temporary' diesel export ban refocuses concerns on market tightness
U.S. crude oil futures eked out a 0.01% gain for the week, as energy markets were focused on Russia's new ban on diesel and gasoline exports.
Rig count slides after back-to-back weekly gains (NYSEARCA:USO)
Total active drilling rigs in the U.S. fell by 11 to 630, according to the latest weekly survey from Baker Hughes.
Crude oil extends gains, with some physical crude already touching $100/bbl (NYSEARCA:XLE)
Energy is the easy leader among S&P sectors as Brent crude oil approaches $95/bbl, and traders and analysts are increasingly talking about when, not if, prices will hit $100.
U.S. crude oil tops $90 for the first time since November (NYSEARCA:USO)
U.S. WTI crude oil breached the $90/bbl mark for the first time since November, and Brent crude topped $93, boosted by expectations for tight global crude supplies.
Crude oil finishes at 10-month highs, lifting energy to top of S&P sector standings
The S&P 500 energy sector (XLE) closed at the top of Tuesday's stock market leaderboard by a wide margin, as U.S. and global benchmark crude oil futures settled at fresh highs for the year.
U.S. active rig count down 1 from last week at 631 - Baker Hughes report (NYSEARCA:USO)
Total active drilling rigs in the United States fell by 1 to 631, Baker Hughes reported Friday in its latest weekly survey. Drilling rigs targeting crude oil in the U.S