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United States Oil Fund (NY:USO)

135.04 -0.46 (-0.34%)
Streaming Delayed Price Updated: 9:36 AM EDT, Jun 2, 2026 Add to My Watchlist
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All News about United States Oil Fund

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Oil Surges Toward $100 As President Trump Orders Massive SPR Drawdown — One Trader Is Quietly Booking $1.28M Profit ↗
Energy Secretary Chris Wright ordered Sable Offshore to restart the Santa Ynez Unit and pipeline to reduce foreign oil reliance. 
Via Stocktwits
Topics Government
News headline image
Oil Prices Are Likely To Be High During Midterm Elections, Says Economist Justin Wolfers ↗
In a post on X on Friday, Wolfers made the statement based on the futures market, adding that oil prices were unlikely to fall anytime soon. 
Via Stocktwits
Topics Economy Government
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Paul Krugman Warns Prolonged Gulf Oil Disruption Could Get ‘Very Ugly’ For Global Economy ↗
The economist said that projections of oil rising to $150 per barrel are low if the Middle East war drags on. 
Via Stocktwits
Topics Economy
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US Navy Will Escort Vessels Through Strait Of Hormuz Soon, Bessent Reportedly Says As Oil Surges Past $100 Again ↗
According to a report from Sky News, Bessent said in an interview on Thursday that the military escort would likely include an international coalition. 
Via Stocktwits
Topics ETFs Economy
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Trump To Be Blamed For Higher Gasoline Prices, 48% Americans Reportedly Say ↗
16% pointed at oil and gas companies, 13% blamed global market forces and 11% cited former President Biden for gasoline price rise. 
Via Stocktwits
Topics ETFs Energy Government
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Trump Administration To Suspend Jones Act As Crude Oil Breaches $100 Per Barrel Again: Report ↗
Brent crude futures expiring in May surged more than 10% to $101.53 before losing some steam to hover around $101 a barrel. 
Via Stocktwits
Topics Government
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Goldman Cuts US Growth Outlook Over Iran War, Warns Of 25% Recession Odds Over Next 12 Months: Report ↗
Goldman warned that the spike in crude oil prices due to the disruption in oil flow through the Strait of Hormuz is now the primary channel of economic risk to the U.S. 
Via Stocktwits
Topics Economy
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Iran's New Supreme Leader Says Strait Of Hormuz Will Stay Closed, Warns US Bases In The Region Will Be Attacked If Not Shut: Report ↗
Mojtaba Khamenei also called for national unity amid an intensifying war with the U.S. and Israel. 
Via Stocktwits
News headline image
Crude Oil Price Surges Past $100 Again Amid US-Iran War – Arthur Hayes Says Bitcoin Did ‘Best’ Against Gold, Tech Stocks ↗
In a post on X, Arthur Hayes noted that Bitcoin has gained 7% since the U.S.-Iran war started in February, while gold prices have fallen 2% and the Nasdaq 100 is down 0.5%. 
Via Stocktwits
Topics Derivatives ETFs
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US Energy Secretary Reportedly Says 'We're Simply Not Ready' For Navy Escorts Of Tankers Via Hormuz Strait – Oil Crosses $100/BBL Again ↗
At the time of writing, Brent crude futures expiring in May surged more than 10% to $101.53 before losing some steam to hover around $98 a barrel. 
Via Stocktwits
Topics ETFs
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Iran Warns Aggression Toward Its Islands Will 'Shatter All Restraint' – Analysts Explain Why Oil Is Boiling Despite Record 400M Barrel Release ↗
This comes amid a rise in Iranian attacks on oil tankers in the Middle East and the Strait of Hormuz, including one near Iraq on a tanker owned by the U.S. 
Via Stocktwits
Topics ETFs
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Bitcoin $70K Floor Under Threat – Bitfinex Warns $120 Oil Spike Could Trigger Hawkish Fed Pivot ↗
Bitcoin’s price fell below $70,000 after oil prices surged higher towards $100 despite the IEA announcing the release of a record 400 million barrels of oil from its emergency reserves. 
Via Stocktwits
Topics Economy
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Bitcoin Holds $70K, While Oil Surges Past $100 Amid US-Iran War – Why BTC Is Doing Better Than Equities ↗
U.S. equity ETFs tracking Dow Jones, the S&P 500, and Nasdaq-100 plummeted in overnight trade. 
Via Stocktwits
Topics ETFs Stocks
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USO, TPET, INDO, BATL Rally As Oil Surges — Analysts Warn Strategic Reserve Release Can’t Replace Hormuz Supply ↗
Carlyle’s Jeff Currie said reserve flows may add only about 2 million barrels per day, compared with disruptions of nearly 18 million barrels per day. 
Via Stocktwits
Topics Energy
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Dow, S&P 500, Nasdaq Futures Slip As Oil Spikes Despite Record Release: Why PATH, USO, SOC, PZZA, LWLG Are Trending After-Hours ↗
The IEA coordinated a 400 million-barrel global release and the U.S. announced plans to release 172 million barrels from the Strategic Petroleum Reserve. 
Via Stocktwits
Topics ETFs Economy Government
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US Announces 172M Barrels Of Oil Release From Strategic Petroleum Reserve Amid Iran War Crisis ↗
The U.S. Department of Energy said in a statement on Wednesday that the release is expected to take about 120 days based on planned discharge rates. 
Via Stocktwits
Topics Government
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Trump Reportedly Says US Will Tap Strategic Petroleum Reserve To Ease Oil Prices Under Pressure Amid Iran War ↗
Bloomberg reported that U.S. President Donald Trump said on Wednesday to a local television station in Cincinnati that he will “reduce it a little bit” for now to bring down oil prices and then fill it... 
Via Stocktwits
Topics Government
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The Market's Trying to Rally. Oil Has Other Plans ↗
The market is trying its best to climb, but oil's blazing instead. The top story today is Oracle absolutely ripping 10% after crushing earnings The other story today is Nebius Group exploding after... 
Via Stocktwits
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Trump Announces $300B Oil Refinery In Texas Amid Growing Energy Concerns Due To Iran War ↗
President Trump on Tuesday said that the investment from India’s Reliance Industries will help American Refining Group open its first oil refinery in the area in 50 years. 
Via Stocktwits
Topics Government
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Trump Warns Iran Of Consequences ‘Never Seen Before’ Over Mines In Strait Of Hormuz ↗
In a post on Truth Social, the president said that while the U.S. does not have any reports of Iran placing such mines, they would have to be removed immediately. 
Via Stocktwits
Topics Economy Government
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El-Erian Warns That Oil Price Volatility Is 'Far From Over' Amid Ongoing Middle East War ↗
Mohamed El-Erian, Egyptian-American economist and Chief Economic Advisor at Allianz, said on Tuesday in a post on X that he expected the turbulence to persist. 
Via Stocktwits
Topics Government
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Iran War: Defense Secretary Hegseth Warns Of ‘Most Intense’ Strikes, Says The Middle East Country Is ‘Badly Losing’ ↗
Hegseth did not rule out the possibility of U.S. boots on the ground in Iran, while acknowledging that there could be additional American casualties. 
Via Stocktwits
Topics ETFs Stocks
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Iran Reportedly Defends Attacks On US Military Bases In The Middle East As ‘Legitimate Targets,’ Trump Warns Of 20X Retaliation Over Strait Of Hormuz Threat ↗
During an interview with CNBC, Iran’s Ministry of Foreign Affairs spokesperson Esmail Baghaei stated that the country was defending itself. 
Via Stocktwits
Topics Artificial Intelligence Government
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USO, BATL, TPET Tumble As Oil Sees Wild Reversal After Trump Signals Iran War May End — Analysts Say Rally May Not Be Over ↗
Crude whipsawed as Brent and WTI surged on supply fears before reversing after Trump’s remarks and talk of strategic reserve releases. 
Via Stocktwits
Topics ETFs Energy Government
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Trump To Evaluate Options To Curb Energy Prices As Iran War Pushes Crude Beyond $100: Report ↗
U.S. West Texas Intermediate futures expiring in April soared to a new 52-week high of $119.43 a barrel before cooling down slightly to hover at $95.53 at the time of writing. 
Via Stocktwits
Topics ETFs Government Stocks
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Iran Warns Of Crude Hitting $200 A Barrel If Energy Infrastructure Is Targeted: Report ↗
Iran warned of surging prices as oil rose past $100 for the first time since June 2022, after an escalation over the weekend saw both sides reportedly target critical energy infrastructure. 
Via Stocktwits
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Dow Tumbles Over 500 Points As Iran War Stokes Fears Of Further Selloff In US Stocks This Year ↗
The rising Middle East tensions pushed the U.S. West Texas Intermediate crude futures maturing in April to a new 52-week high of $119.43 a barrel before cooling down slightly. 
Via Stocktwits
Topics ETFs Economy Stocks
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Saudi Arabia Begins Slashing Oil Production – TPET, BATL, INDO Shares Continue To Draw Retail Buzz ↗
Saudi Arabia has reportedly started cutting oil production as the escalating conflict in the Middle East saw critical energy infrastructure being targeted by both sides over the weekend. 
Via Stocktwits
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Iran Says Ceasefire Discussions 'Irrelevant', Warns US And Israel Want To Fragment The Country: Report ↗
Iranian Foreign Ministry spokesperson Esmaeil Baghaei provided details on the ongoing tensions, stating that Iran will continue to defend itself. 
Via Stocktwits
Topics Earnings
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Oil Shock Sends Nasdaq, S&P 500 Futures Lower: Why USO, INDO, HIMS, NVDA Are On Traders' Radar Today ↗
Data from Stocktwits showed that retail sentiment on SPY and QQQ remains ‘bearish.’ 
Via Stocktwits
Topics ETFs Economy Government
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