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United States Oil Fund LP Newsroom
WTI Edges Higher to Near $70.00 on China Stimulus, New EU Sanctions Against Russia
Oil Settles Up US$1 As EU Agrees Further Sanctions
Crude Oil Rises on Wednesday, WTI Taps $70 per Barrel
Overnight U.S. stocks | The Nasdaq broke 0.02 million points, setting a historical high, and Musk became the first person in the world with a net worth exceeding 400 billion.
As of the close, the Dow Jones Industrial Average fell 99.27 points, a decrease of 0.22%, closing at 44,148.56 points; the Nasdaq rose 347.65 points, an increase of 1.77%, closing at 20,034.89 points; the S&P 500 Index rose 49.28 points, an increase of 0.82%, closing at 6,084.19 points.
International oil prices rose on Wednesday as the EU agreed to implement a new round of sanctions against Russia.
In the early morning of the 12th Beijing time, international Crude Oil Product prices rose on Wednesday. The EU agreed to a new round of sanctions threatening Russian oil exports, which boosted oil prices. However, last week's increase in USA fuel inventories exceeded expectations, limiting the increase.
Update: WTI Rises on China Demand Hopes, As U.S. Inventories Fall and OPEC Trims Its Demand-Growth Forecast
January WTI Crude Oil Contract Closes Up US$1.70; Settles at US$70.29 per Barrel
Weekly Crude Inventories Fall More Than Expected; Oil Prices Rise Despite OPEC Cutting Demand Outlook
Express News | Oil Is Trading Higher Following a Larger-than-expected Draw in US Crude Oil Inventories. Middle East Uncertainty and China Policy May Also Be Helping Lift Oil Prices
Oil Extends Gains After U.S. Crude Stocks Draw -- Market Talk
US Total Crude Oil Stocks Decline in Week Ended Dec. 6
Express News | EIA Weekly Distillates Stocks 3.235M Barrel Build Vs 0.900M Barrel Build Est.; 3.383M Barrel Build Prior
Crude Inventory Fell 1.4M Barrels for Week Ended Dec 6 - EIA
Express News | USA Crude Oil Inventories 1.425M Barrel Draw Vs 1.000M Barrel Draw Est.; 5.073M Barrel Draw Prior
Sector Update: Energy Stocks Advance Pre-Bell Wednesday
Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Wednesday as Investors Anticipate Latest Inflation Data
OPEC Cuts Forecast of Oil-demand Growth for 2024, 2025
Express News | OPEC Crude Output Rose By 104,000 B/D In Nov. To 26.66M B/D; OPEC Lowers 2025 Global Oil Demand Growth Forecast To 1.45M B/D From 1.54M B/D, Keeps 2025 Global Economic Growth Forecast At 3%
OPEC Further Trims Oil-Demand Forecast After Output-Hike Delay
China's YoY Increase in Crude Oil Imports in November Not a Sign of Strong Domestic Demand, Commerzbank Says