Is $100 Oil Coming Next? (USO)

Image of an oil derrick with blue sky
From Franklin Templeton Investments: For the first time in a long while, geopolitics has been driving oil prices higher in an already tight market.
NYSE:USO May 26, 2018 7:36am

Oil Drops Below $70 As Producers Hint At Supply Boost (USO)

From Tyler Durden: There are certain benefits when the president of the US is BFFs with the ruling Saudi regime, especially when the price of oil rises so high it threatens to not only undo the US president's tax reform, but to slowdown the overall economy even as said president is injecting a $1 trillion fiscal stimulus in it.
NYSE:USO May 25, 2018 6:32am

With The Recent Oil Glut Gone, Crude’s Upside Is Big (USO)

From John Rubino: Here's a new indicator for you: It seems that the difference between the price of oil here and abroad is a measure of tightness in the market, with a rising spread indicating higher prices in the future, with all the inflationary pressures that that implies.
NYSE:USO May 24, 2018 6:33am

Oil ETFs Just Keep On Rising (USO)

Image of an oil derrick with blue sky
From Zacks: By now, the year 2018 can easily be attributed to the oil ascent. Tailwinds one-after-another are favoring the liquid commodity. Among the many tailwinds, concerns over Venezuela production have given a boost to oil. Brent crude spiked to about $80 per barrel lately for the first time since 2014.
NYSE:USO May 23, 2018 6:37am

Oil Prices Surge To Highest Level In Four Years (USO)

Image of oil drums
From Jill Mislinski: It's time again for our weekly gasoline update based on data from the Energy Information Administration (EIA). The price of Regular and Premium were up five and four cents, respectively, from last week.
NYSE:USO May 22, 2018 6:20am

Oil & Gasoline Are Spiking While Trump Goes “Deal Making” (USO)

From EconMatters: Calling it "a horrible one-sided deal that should have never, ever been made", President Trump declared last Tuesday that the U.S. will pull out of the Iran nuclear deal made under the Obama administration. The United States is now preparing to reinstate all sanctions along with additional economic penalties on Iran.
NYSE:USO May 21, 2018 6:36am

This Oil Rally Could Have Much Further To Go (USO)

Image of an oil derrick with blue sky
For more than a week now, West Texas Intermediate (WTI) crude oil has been trading north of $70 per barrel, a level we haven't seen since November 2014. Gas prices are likewise trending up, as I'm sure you've noticed.
NYSE:USO May 18, 2018 6:21am

Higher Oil Prices Are About To Hurt The U.S. Consumer (USO)

From Bryce Coward, CFA: Rising oil prices, food prices and interest rates are likely to soon start taking a toll on the US consumer.
NYSE:USO May 17, 2018 6:29am

How Much Higher Can Oil Climb? (USO)

Technical analyst Chris Kimble examines crude oil's chart and sees potential for another 10% upside.
NYSE:USO May 16, 2018 6:38am

WTI Crude Oil Tops $71 Amid Trump/Iran Feud, Surprise Inventory Draw (USO)

oil drum
From Tyler Durden: WTI/RBOB extended gains overnight (WTI at 3.5yr highs) following Trump's Iran decision and a surprise crude draw reported by API, and DOE data confirmed the draw (even larger) along with gasoline and distillate draws.
NYSE:USO May 10, 2018 6:30am

Oil Surges Amid Iran Sanction Worries (USO)

From Zacks: Worries over U.S. sanctions on Iran have pumped up oil prices to more than $70 as it has threatened crude supplies from Iran. 
NYSE:USO May 9, 2018 6:08am

Profit From Oil’s Big Rally With These ETFs (USO)

From Zacks: Oil prices surged to their highest levels since 2014 amid increasing demand, rising geopolitical risks and concerns that Trump administration could withdraw from the Iran nuclear deal.
NYSE:USO May 8, 2018 6:24am

WTI Crude Oil Jumps Above $70 As Iran Deal Deadline Approaches

Image of an oil derrick with blue sky
From ZeroHedge: With the Iran Deal looking increasingly fragile, front-month WTI futures have just traded above $70 for the first time since Nov 2014.
NYSE:USO May 7, 2018 6:59am

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