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United States Oil Fund LP Newsroom
Asia Ex-India Fall On China Stimulus Concerns, Europe Up; Dollar Gains - Global Markets Today While US Slept
Oil Brief: NY Crude Up 1.25% at US$70.90
Commodity Roundup: Oil and Gold Set for Weekly Gains on Global Woes
Crude Headed for 1st Weekly Rise Since November on Tighter Sanctions on Iran and Russia
Oil Headed for Weekly Gains as Sanctions Outlook Raises Supply Worries -- Market Talk
Oil Prices Steady As Market Balances IEA Surplus Forecast With Rate Cut Optimism
If Trump Starts A Trade War, Canada Could Impose Export Taxes On Oil, Uranium: Report
Under pressure from the threat of Trump's trade war? Canada is considering imposing tariffs on Uranium, oil, and potash as retaliation.
Canada is the largest external source of oil supply for the USA and also the largest external source of Uranium for USA nuclear power plants. The potash produced in the western provinces of Canada is an important source of fertilizer for USA farms. The media reports that imposing export taxes on these Commodities is Canada's most desperate choice, and Canada is more likely to impose retaliatory tariffs on imported USA-manufactured goods, as well as implement export controls on certain Canadian products.
Update: WTI Oil Edges Down as the IEA Sees the Market Over Supplied in 2025
January WTI Crude Oil Contract Closes Down US$0.27; Settles at US$70.02 per Barrel
IEA Lifts 2025 Oil Demand View, yet Expects Comfortably Supplied Market
Sector Update: Energy Stocks Mixed Premarket Thursday
Exchange-Traded Funds, Equity Futures Lower Pre-Bell Thursday as Traders Pull Back in Anticipation of More Inflation Data
Crude Oil Jumps Back Above $70 as US Inventories Fall to Lowest Level
IEA Monthly Report: Even if OPEC+ delays production increases, there will still be an oversupply of oil next year!
The IEA stated that if OPEC+ implements the production recovery plan starting in April, the Global market will face a surplus of 1.4 million barrels per day. The IEA has raised the forecast for global oil demand growth in 2025 by 90,000 barrels to 1.1 million barrels, mainly due to the economic stimulus measures recently announced by China.
Oil Brief: NY Crude Down 0.2% at About US$70.10
OECD Production of Crude Oil, Natural Gas Liquids and Refinery Feedstocks Rose Slightly YoY in September, IEA Reports
Commodity Roundup: Commerzbank 2025 Copper View; ING Sees Energy Markets Under Pressure
U.S. Crude Oil Stocks Declined by 1.4 Million Barrels in Week Ended Dec. 6, EIA Reports
Crude Oil Price Gains Capped by Weak Demand Outlook, U.S. Inventory Report