Oil prices have dropped significantly from 2022 highs, with WTI trading around $70 per barrel. Read more to see my thoughts.
Oil prices extended their gains on Tuesday after threats by U.S. President Donald Trump to impose secondary tariffs on ...
United States Oil Fund USO U.S. Commodity Funds ... Understand the underlying assets of the ETF. Is it focused on WTI or Brent crude? Does it use futures contracts or other derivatives?
Global X Investments Canada Inc. ("Global X" or the "Manager") announced today that the forward expenses and hedging costs payable by certain exchange traded funds (the "ETFs") that it manages are ...
Because crude oil is needed to manufacture other primary materials, it is the world’s most important commodity. The US investment bank Goldman Sachs estimates the proportion of crude oil used ...
Crude oil prices today are slightly higher. Today's weaker dollar is supportive of oil prices. Better-than-expected US economic reports today signal strength in the US economy that is positive ...
Crude oil has support from last Thursday when the US Treasury Department's Office of Foreign Assets Control sanctioned a China-based oil refinery and 19 entities and vessels tied to shipping ...
If EIA forecasts of a record-high annual U.S. crude oil production of 12.6 million bpd in 2023 pan out, the US net crude imports would drop to 3.4 million bpd next year, the administration said ...
Oil prices rose on Wednesday, buoyed by government data showing U.S. crude oil and fuel inventories fell last week and by ...
Crude oil futures traded higher on Thursday morning after the official data showed a decline in US inventories for the week ending March 21. At 9.53 am on Thursday, June Brent oil futures were at ...
Crude oil futures traded lower on Friday morning as the market assessed the impact of US tariffs set to come into effect from April 2. At 9.55 am on Friday, June Brent oil futures were at $73.27 ...
(Bloomberg) -- Oil advanced after the US ramped up measures to hobble Iran’s crude exports, increasing pressure on Tehran amid a push for a new nuclear accord. West Texas Intermediate rose 1.6% ...
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