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United States Oil Fund LP Newsroom
U.S. Rig Count Shoots Higher After Declining for Three Straight Weeks
Express News | U.S. Baker Hughes Oil Rig Count +5 At 482; U.S. Baker Hughes NatGas Rig Count +2 At 102; U.S. Baker Hughes Total Rig Count 589
Commodities Slip a Bit Into December, but Silver Outshines Gold
Iran Has Stated That "Henceforth" It Intends To Feed Uranium Enriched Up To 20% Rather Than The Current 5% Into The Two Interconnected IR-6 Centrifuge Cascades At Fordow, Enriching To Up To 60% Purity
Sector Update: Energy Stocks Decline Pre-Bell Friday
Exchange-Traded Funds, Equity Futures Mixed Pre-Bell Friday Ahead of Eagerly Awaited Employment Situation Report
OPEC+ Decision Implies No Output Increase Unless Oil Prices Exceed US$70/Barrel, S&P Global Commodity Insights Says
Commodity Roundup: Gold ETFs See Net Loss for First Time in Six Months; ING Ups Brent Forecast
Crude Oil Eases as OPEC+ Delay of Output Hikes Puts Focus on Weak Demand
WTI Struggles Near Weekly Low, Below $68.00 Mark as Traders Await US NFP Report
OPEC+ meeting in a state of suspense, international oil prices oscillating at low levels.
The crude oil market as a whole is showing a range-bound trend. The average price of WTI this week is $68.65 per barrel, a decrease of $0.90 per barrel or -1.31% from the previous week. Factors that have put pressure on oil prices downward during the week include: record-high crude oil production in the USA, increasing crude oil production in Libya, and an expected increase in OPEC's crude oil production in November. On the other hand, OPEC+ is expected to extend production cuts and geopolitical uncertainties are supporting oil prices.
Oil Steadies as OPEC+ Once Again Delays Plan to Restore Output
OPEC+ Production Delay Buys Time but Could Face Similar Dilemma in Three Months
Brent Crude Falls 2.5% Ahead Of OPEC+ Meeting
Oil Drifts as OPEC+ Again Pushes Back Plan to Ease Supply Curbs
CSI Commodity Equity Index Overview: Gold prices fell as investors await USA employment data, while oil prices declined.
Crude oil prices fell slightly on Thursday, although OPEC+ delayed production resumption, they still plan to increase production next year. Gold prices dropped as investors await the usa's non-farm payroll data on Friday for clues on the direction of Federal Reserve policy. London copper edged down.
How Trump's Iran Policies Could Shape Oil Markets In 2025
January WTI Crude Oil Contract Closes Down US$0.24; Settles at US$68.30 per Barrel
Oil Prices Climb After OPEC+ Again Delays Phase-out of Production Cuts
Certain OPEC+ Members Extend Oil Production Cuts to Support 'Market Stability'