Streetbeat News

USO

United States Oil Fund, LP

http://www.unitedstatesoilfund.com

Industry

Asset Management

USO invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

The White House's National Security Advisor, Jake Sullivan, has stated that there are approximately 20 Americans missing in the ongoing Israel conflict. The conflict may have implications for certain ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 6:58 pm

A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia have been damaged in a suspected deliberate act. The Balticconnector gas pipeline was shut down due to a potential gas leak, and the damaged telecommunications cable raised concerns about regional connectivity. Despite the damage, Finland's energy supply remains stable, and no gas shortages are expected. The incident has caused European gas prices to surge, reaching a six-month high. Finnish telecommunications operator Elisa confirmed that the damaged cable did not disrupt its services.

Portfolio Pulse from Vandana Singh

October 10, 2023 | 6:53 pm

President Biden has announced that at least 14 American citizens have been killed in Israel. The news does not provide further details on the circumstances or potential implications of these deaths.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 6:26 pm

Hamas' armed wing has claimed responsibility for rocket firing from Lebanon, according to Reuters. The news may have implications for the iShares MSCI Israel ETF (EIS), SPDR S&P 500 ETF Trust (SPY), and United States Oil Fund LP (USO).

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 6:19 pm

Israeli Defence Minister Yoav Gallant is expected to participate in a NATO Defence Ministers' meeting via videoconference on Thursday, according to a Western official cited by Reuters.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 4:57 pm

The UN Aid Chief has called for the immediate release of hostages in the ongoing Israeli-Palestinian conflict. No specific impact on US-listed companies or ETFs EIS, SPY, USO is mentioned.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 4:48 pm

U.S. Senate Majority Leader Schumer has stated that the U.S. is prepared to ensure Israel has the resources it needs. This could potentially impact the U.S. and Israeli markets.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 4:44 pm

Iran is actively engaging in discussions with parliamentary leaders from Muslim countries to extend support to Palestine, highlighting the significance of the Palestine issue in the Muslim world.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 4:43 pm

The Likud party, led by Netanyahu, has announced that significant progress has been made towards forming a unity government. This political development could have implications for various US-listed ETFs that are exposed to Israel's economy and politics.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 4:15 pm

President Biden is scheduled to deliver remarks on Israel at 1 p.m. ET, as reported by Fox Business Network. The content of the speech is not specified.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 3:33 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.