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United States 12 Month Oil Fund
(NY:
USL
)
38.68
-0.54 (-1.37%)
Official Closing Price
Updated: 8:00 PM EDT, Aug 16, 2024
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Headline News about United States 12 Month Oil Fund
OPEC+ Working On Complex Production Cut Deal For 2024-2025
June 01, 2024
Oil futures fell again on Thursday as a bullish draw in U.S. crude stocks was offset by surprise builds in gasoline and diesel inventories, adding to concerns about fuel demand as the summer driving...
Via
Talk Markets
Topics
Energy
Exposures
Fossil Fuels
Iraq To Resume Oil Exports To Turkey Via Pipeline Shuttered A Decade Ago Amid Kurdish Negotiation Deadlock
April 08, 2024
Islamic State attacks halted the pipeline's operations in 2014 which was responsible for about 0.5% of the world's oil supply.
Via
Benzinga
Analyst Warns Of 'Serious Escalatory Tit-For-Tat Cycle' If Iran Strikes Back, Raising Fears Of 'Wider War' In Middle East
April 05, 2024
Croft added that Iran has the potential to repeat its playbook from 2019 when it allegedly attacked oil tankers in the Strait of Hormuz, a critical waterway for oil import and export.
Via
Benzinga
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.
Via
Talk Markets
Nord Stream Sabotage Investigation: Polish Authorities' Accused Of Lack of Transparency
January 08, 2024
European investigators probing the Nord Stream natural gas pipeline sabotage say that the Polish officials have been slow to share information and have withheld key evidence related to the movements of...
Via
Benzinga
Topics
Energy
Exposures
Fossil Fuels
IEA Forecasts Slowdown In Oil Demand, Contrasts Positive Outlook By OPEC+
December 14, 2023
The IEA cautions that this forecast "masks the impact of a further weakening of the macroeconomic climate."
Via
Benzinga
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...
Via
Benzinga
Exposures
Fossil Fuels
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...
Via
Benzinga
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...
Via
Benzinga
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
Via
Benzinga
Topics
Energy
Exposures
Fossil Fuels
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.
Via
Talk Markets
Topics
ETFs
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...
Via
Benzinga
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...
Via
Talk Markets
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.
Via
Talk Markets
Biden Administration Reverses Trump's Effort To Open More Land For Oil Drilling In Arctic: CNBC
April 26, 2022
Via
Benzinga
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.
Via
Talk Markets
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.
Via
Talk Markets
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...
Via
Talk Markets
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