Latest Articles about USO

4 Ways to Short Oil with ETFs - ETF News And Commentary

Eric Dutram — Thu, 16 May 2013 20:27:09 Z

Oil production in North America is booming, and it is now beginning to have a huge impact on global hydrocarbon markets. In fact, some believe that the U.S. will eventually overtake Saudi

Russia Budges on Politics, Economics Not So Much

Craig Mellow — Thu, 09 May 2013 19:08:00 Z

This week actually brought some encouraging news from a sphere that rarely offers any: international diplomacy. Not that anyone noticed much between the Cleveland kidnapping story and the Dow

Oil ETFs Slump on Weak Data - ETF News And Commentary

Eric Dutram — Wed, 01 May 2013 22:47:56 Z

Oil prices have been a bit rocky to open up 2013, as conflicting data points have tugged the important commodity in both directions. Strong stock prices and a robust consumer have helped to

The Key to Investing in a Futures Backed ETF - ETF News And Commentary

Zacks Equity Research — Mon, 29 Apr 2013 21:51:26 Z

As the global equity markets become more and more integrated thanks to globalization, investors have been looking into other asset classes for diversification benefits. In this process, they

U.S. Economy Expands 2.5 Percent in First Quarter, Less Than Expected, Boosted by Consumer Spending

Matthew Kanterman — Fri, 26 Apr 2013 17:15:27 Z

The U.S. Economy expanded less than expected in the first quarter, according to the Bureau of Economic Analysis. Economists surveyed by Bloomberg were expecting a reading of 3.0 percent with

More Trouble for Oil Services ETFs? - ETF News And Commentary

Zacks Equity Research — Thu, 18 Apr 2013 21:11:30 Z

The recent crash in the precious metal space has rocked commodity investors. Metals like gold and silver have faced the wrath of the vicious sell-off in the commodity space earlier in the week,

Sector Update: Energy Shares Lower in Pre-Market Trade, Crude Falls Toward $89 Per Barrel

MidnightTrader.com Staff — Mon, 15 Apr 2013 16:35:21 Z

Top Energy Stocks XOM: -0.7% CVX: flat COP: -0.69% SLB: flat OXY: -1.14% Energy shares are generally lower in pre-market, while crude oil futures are also lower after data out of China

Sector Update: Energy

MidnightTrader.com Staff — Mon, 15 Apr 2013 16:31:09 Z

Energy shares are generally lower in pre-market, while crude oil futures are also lower after data showed slower than expected economic growth in China. Light, sweet crude oil for May delivery

COMMODITIES CRASH: Crude Futures Slip 2%, Near 52-Week Low After China Data

MidnightTrader.com Staff — Mon, 15 Apr 2013 15:53:04 Z

Crude futures are taking a beating in Monday's pre-market session, with crude for May delivery down 2.47% at $89, nearing its 52-week low of $81. Along with gold and copper futures, commodities

Is the Russia ETF in Trouble? - ETF News And Commentary

Eric Dutram — Thu, 04 Apr 2013 04:06:03 Z

While many equities have had a solid start to 2013, it hasn't universally been the case across the globe. In fact, several key emerging market ETFs have had a rough time so far this year,

Credit Suisse Lowers Price Targets on Commodities, Prices Sink

Matthew Kanterman — Wed, 03 Apr 2013 15:47:55 Z

Commodity markets traded lower in early trade Wednesday following a new note from Credit Suisse highlighting that they expect weakness in commodity markets over the next few years. The analysts

ADP draws focus to job data this week

David Russell — Wed, 03 Apr 2013 11:14:08 Z

Attention focuses on the labor market today as a string of key employment data begins. ADP will release its index of private-sector payrolls at 8:15 a.m. ET. Economists expect an addition of

Chinese Manufacturing Underperforms in March; Raises Fears of Another Summer Swoon

Matthew Kanterman — Mon, 01 Apr 2013 17:14:44 Z

Two broad measures of Chinese manufacturing pointed to weakness in March following declines in February. The manufacturing weakness raises fears of the global economy once again experiencing a

BNO Vying For USO’s Oil ETF Spotlight

Cinthia Murphy — Thu, 14 Mar 2013 02:38:21 Z

Many look at the United States Oil Fund (NYSEArca:USO) as the catch-all proxy for the oil market because of the fund's massive size and its impressive liquidity. But a changing dynamic in trading

What's Next for Oil Prices? - Real Time Insight

Eric Dutram — Sat, 09 Mar 2013 00:37:01 Z

While broad stock markets are at or near all-time highs, oil is still well below its peak price. The commodity is actually still below $100/bbl. and it has lost almost 20%-- when looking at