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 Pentagon reported that Israel informed the U.S. about its plans but did not coordinate with the U.S. for the strike in Yemen on Sunday.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 3:45 pm

The Pentagon has directed reporters to seek information from Israel regarding the potential for an Israeli ground incursion into Lebanon. This situation could have geopolitical implications affecting various sectors.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 3:38 pm

The Chinese stock market has experienced a significant rally, breaking a negative pattern with the CSI 300 index jumping 8.5%, the largest gain since 2008. This rally is driven by FOMO among foreign investors and a shift from Chinese Treasury bonds to stocks. Despite poor economic data, expectations are high for future growth due to government stimulus. The Arora Report has identified new buy zones for ETFs like ASHR, FXI, and ECON. Meanwhile, negative sentiment from Europe and poor guidance from automakers like Stellantis and Volkswagen are affecting US markets, with stocks like GM and Ford under pressure.

Portfolio Pulse from The Arora Report

September 30, 2024 | 3:27 pm

Israeli Defense Minister Gallant announced that the next phase of the war will begin soon. This development could impact various sectors, including defense and energy, and may influence related ETFs.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 3:24 pm

President Biden has called for a ceasefire, which may have implications for geopolitical stability and related markets.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 3:23 pm

Israeli Prime Minister Benjamin Netanyahu emphasized Israel's military reach across the Middle East, while criticizing Iran's government for escalating regional conflict. He expressed optimism about Iran's future freedom.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 2:33 pm

U.S. officials have confirmed that Israel has conducted raids inside Lebanon. This development could have geopolitical implications, potentially affecting markets and specific ETFs related to the region.

Portfolio Pulse from Benzinga Newsdesk

September 30, 2024 | 2:11 pm

Hezbollah's leader, Hassan Nasrallah, has been killed in an Israeli airstrike, marking a significant escalation in Israel's campaign against the Iran-backed group. This development could have geopolitical implications, potentially affecting markets and related ETFs.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2024 | 1:24 pm

The Dow Jones Industrial Average closed at a record high, driven by positive market sentiment. Oil prices increased due to uncertainty in the Middle East, while Bitcoin saw gains. Chinese stocks continued their upward trend.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 8:19 pm

The Israeli military has called for the immediate evacuation of specific buildings in Beirut's southern suburbs, marking a significant development in the region. This action could have geopolitical implications, potentially affecting markets and ETFs related to Israel and the broader Middle East.

Portfolio Pulse from Benzinga Newsdesk

September 27, 2024 | 8:17 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.