USO ETF tracks crude oil prices via futures contracts, not actual oil barrels. Trading in USO can lead to underperformance in contango situations due to futures rolling costs. USO has complex tax ...
Oil futures picked up some ground from yesterday’s selloff, holding gains into the close despite a bearish U.S. inventory ...
Chevron Corp. and Exxon Mobil Corp. plan to boost their oil and gas production over the next five years, even as falling oil ...
LONDON (Reuters) -The prompt Brent crude futures contract on Thursday returned to trading at a premium to the six-month contract after new U.S. sanctions on Russia revived concern of a tight market in ...
Oil futures rose with WTI back at $60 after a Ukrainian drone strike on a Russian Black Sea port revived concerns about supply disruptions.
Oil has remained on the backfoot as markets fretted over a potential supply glut in 2026, especially after several production ...
Shares of energy companies fell alongside oil futures, which snapped a four-session rally. Oil fell 2.1% to $63.41 a barrel in New York as traders awaited U.S. decisions on whether to follow through ...
Despite Tuesday’s gains, oil prices were still trading squarely lower so far in 2025, amid increasing anxiety over a supply ...
(Reuters) -Oil prices rose more than 2% on Friday after a Ukrainian drone attack damaged an oil depot in the Russian Black ...
Expectations of more disruptions in U.S. fuel demand, amid a prolonged government shutdown, weighed on crude, as did ...