Logo image of USOI

UBS AG ETR CR OIL SHAR COV (USOI) Stock News

NASDAQ:USOI - Nasdaq - US22539U6029 - ETF - Currency: USD

52.2365  +0.17 (+0.32%)

USOI Latest News, Press Relases and Analysis

News Image
a year ago - Benzinga

Iraq To Resume Oil Exports To Turkey Via Pipeline Shuttered A Decade Ago Amid Kurdish Negotiation Deadlock

Islamic State attacks halted the pipeline's operations in 2014 which was responsible for about 0.5% of the world's oil supply.

Mentions: BOIL OILK DBO IMO ...

News Image
a year ago - Benzinga

Analyst Warns Of 'Serious Escalatory Tit-For-Tat Cycle' If Iran Strikes Back, Raising Fears Of 'Wider War' In Middle East

Croft added that Iran has the potential to repeat its playbook from 2019 when it allegedly attacked oil tankers in the Strait of Hormuz, a critical waterway for oil import and export.

Mentions: OILK DBO IMO UNG ...

News Image
a year ago - Seeking Alpha

U.S. oil rigs jump in Baker Hughes' latest weekly count (NYSEARCA:USO)

The latest weekly rig count shows an increase in active drilling rigs in the U.S., particularly those targeting crude oil in the Permian Basin.

Mentions: F USO UCO SCO ...

News Image
a year ago - Seeking Alpha

Oil rig count flat for second straight week, gas rigs rise (NYSEARCA:USO)

The number of active drilling rigs in the US increased by 4, with crude oil rigs remaining unchanged for the second week.

Mentions: F USO UCO SCO ...

News Image
a year ago - Seeking Alpha

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.

Mentions: USO BNO UCO SCO ...

News Image
a year ago - Seeking Alpha

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.

Mentions: USO BNO UCO SCO ...

News Image
a year ago - Seeking Alpha

U.S. oil rig count drops while gas gains in latest Baker Hughes report (NYSEARCA:USO)

Baker Hughes reports a slight increase in active drilling rigs in the US, with oil rigs edging lower and gas rigs rising.

Mentions: F USO UCO SCO ...

News Image
a year ago - Seeking Alpha

U.S. drilling rigs drop to lowest since November, Baker Hughes says (NYSEARCA:USO)

The total number of drilling rigs in the U.S. fell in the latest weekly survey by Baker Hughes.

Mentions: F USO UCO SCO ...

News Image
a year ago - Seeking Alpha

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.

Mentions: USO BNO UCO SCO ...

News Image
a year ago - Seeking Alpha

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.

Mentions: XLE USO BNO UCO ...

News Image
a year ago - Seeking Alpha

U.S. oil rig count inches higher, gas rigs lower in Baker Hughes report (NYSEARCA:USO)

Total active drilling rigs in the U.S. edged down by 1 to 621, Baker Hughes said in its latest weekly survey.

Mentions: F USO UCO SCO ...

News Image
a year ago - Seeking Alpha

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+.

Mentions: USO BNO UCO SCO ...

News Image
a year ago - Seeking Alpha

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.

Mentions: F USO UCO SCO ...

News Image
a year ago - Seeking Alpha

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.

Mentions: PSX HAL USO BNO ...

News Image
a year ago - Seeking Alpha

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.

Mentions: F USO UCO SCO ...

News Image
a year ago - Seeking Alpha

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.

Mentions: USO BNO UCO SCO ...

News Image
a year ago - Seeking Alpha

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.

Mentions: USO BNO UCO SCO ...

News Image
2 years ago - Seeking Alpha

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.

Mentions: USO BNO UCO SCO ...

News Image
2 years ago - Seeking Alpha

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...

Mentions: USO BNO UCO SCO ...

News Image
2 years ago - Seeking Alpha

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.

Mentions: F USO UCO SCO ...

News Image
2 years ago - Seeking Alpha

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.

Mentions: GS USO BNO UCO ...

News Image
2 years ago - Seeking Alpha

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.

Mentions: XOP USO BNO UCO ...

News Image
2 years ago - Seeking Alpha

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.

Mentions: F USO UCO SCO ...