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Standard & Poors 500
United States 12 Month Oil Fund
Official Closing Price
Updated: 8:00 PM EST, Dec 1, 2023
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Headline News about United States 12 Month Oil Fund
OPEC+ Approaches Preliminary Agreement For Deeper Oil Production Cuts In 2024
November 30, 2023
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have collectively decided to implement an additional 1 million barrels a day of oil supply cuts, reinforcing Saudi Arabia's...
Suspected Deliberate Act Damages Subsea Gas Pipeline and Telecom Cable Linking Finland And Estonia
October 10, 2023
A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the Baltic Sea have suffered damage in what appears to be a deliberate act, according to the Finnish...
US Authorities Probe Sanctions Enforcement in Russian Oil Trade
October 09, 2023
The U.S. Justice Department is intensifying its efforts to clamp down on violations of sanctions imposed on Russia's energy exports, with a particular focus on Murtaza Lakhani, the founder and CEO...
California Faces Rising Gasoline Prices, Division of Petroleum Market Oversight Raises Concerns
September 26, 2023
In response to rising gasoline price concerns, Tai Milder, the director of California's Division of Petroleum Market Oversight (DPMO), has
About Predictions ...
September 25, 2021
The wild fluctuations in WTI have had more to do with the belief that prices reflect supply/demand daily than the actual supply/demand.
ETFs To Tap Oil Price Strength
September 13, 2023
Oil has been surging in recent months on tightening supply conditions and the prospect of higher demand. Both benchmarks reached a 10-month high with more upside potential left.
Most Valuable Oil Company Aramco Considers Raising $50B Via Stock Sale
September 01, 2023
Saudi Arabia's plans to list more shares of Aramco, the world's most valuable oil company, have resurfaced. The kingdom is reportedly considering selling up to $50 billion worth of shares, which could...
It's Starting ... Rally Running Out Of Steam
August 02, 2022
Financials and consumer discretionaries are signalling a pause in the rally ahead – a pause as a minimum, gradual rollover to the downside is more likely. Bonds made a serious risk-off turn but the...
5 ETFs to Tap Oil Price Strength
June 06, 2022
Investors seeking to tap the oil rally could bet on the ETFs that are directly linked to the futures contracts.
Biden Administration Reverses Trump's Effort To Open More Land For Oil Drilling In Arctic: CNBC
April 26, 2022
Oil ETFs to Ride the Crude Rally
February 01, 2022
Many analysts expect oil demand to return to pre-pandemic levels, but inventories and spare capacity remain low. Some traders are again betting that crude would top $100 a barrel by summer.
Terms Overbought And Oversold Are Often "Overused"
January 29, 2022
While many systems have been designed to track demand, much of what is considered demand can often surface or vanish in the blink of an eye.
Grab These ETFs To Ride The Latest Rally In Oil Prices
January 08, 2022
Oil prices have been rising since the beginning of 2022. Brent crude and U.S. West Texas Intermediate have touched their highest prices since late November. To come to a decision about parking money in...
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