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.

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Israeli Prime Minister Netanyahu has called on the parliamentary opposition to form a broad coalition government. He also stated that the recent airstrikes against Hamas are 'just the beginning'.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 6:46 pm

Israeli Prime Minister Netanyahu has announced that a number of Palestinian gunmen are still inside Israel. No specific impact on US-listed companies or ETFs is mentioned in the article.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 6:44 pm

Hezbollah has reportedly fired on North Israel, according to Reuters citing two security sources. 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 09, 2023 | 6:34 pm

The U.S. and Venezuela are in discussions regarding new exemptions to oil sanctions. This could potentially impact the oil market and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 6:23 pm

A Hamas official has stated that the organization is open to discussions about a truce with Israel. This could potentially lead to a decrease in regional tensions and impact related ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 5:58 pm

Ukraine's President Zelenskiy has stated that it is in Russia's interests to inflame war in the Middle East to create new sources of suffering and weaken world unity. This could potentially impact global markets and ETFs with exposure to the region.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 5:39 pm

Operations at the Rafah Crossing between Gaza and Egypt's Sinai Peninsula have been disrupted due to a nearby strike, according to Reuters citing Egyptian security sources and a witness.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 5:23 pm

President Biden is set to discuss the latest developments in Israel with several close allies, according to the White House. The outcome of these discussions could potentially impact various ETFs.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 5:17 pm

Israeli TV channels are reporting that at least 900 Israelis have been killed in the ongoing conflict between Israel and Hamas, according to Reuters. The conflict 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 09, 2023 | 5:06 pm

Hamas has announced that it will begin executing an Israeli civilian captive if Israel conducts any new bombings of civilian houses without pre-warning. This development could potentially escalate tensions in the region.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 4:59 pm

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