United States Oil Fund (USO): Because of the season. It's common fo...

S&P 500

US TECH 100

Dow Jones

Brent Oil

Bitcoin

United States Oil Fund (USO)

Reply Private New

Keep Last Read

Next 10 Prev Next

Send PM Follow Ignore

Followers	62
Posts	7863
Boards Moderated	0
Alias Born	12/14/2004

Re: lexus400001 post# 1634

Friday, 08/11/2017 12:26:56 AM

Friday, August 11, 2017 12:26:56 AM

Because of the season.

It's common for oil prices to go down this time of year as vacation season ends and children prepare to go back to school. Less travel = less fuel burned.

OPEC oil output also just hit a 2017 high, so that would also cause oil prices to decline.

--------------------------------

OPEC itself is the only oil con game going on. An organization like that in this country would violate both antitrust and price-fixing laws.

--------------------------------

OPEC's oil output hits a 2017 high, another setback for its deal to pump less.

OPEC's oil output rises to the highest level since December [2016], the month before the cartel started cutting output.

A production recovery in Libya and Nigeria drives the gains last month.

http://tinyurl.com/ya4d2grn

https://www.quandl.com/collections/markets/crude-oil

Keep Last Read

Next 10 Prev Next

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:

1D
1M
3M
6M
1Y
5Y

Detailed Quote

Recent USO News

Form 8-K - Current report • Edgar (US Regulatory) • 08/28/2024 01:24:59 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 08:36:07 PM
Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 08/06/2024 08:34:08 PM
Form 8-K - Current report • Edgar (US Regulatory) • 08/06/2024 08:31:08 PM
Form 8-K - Current report • Edgar (US Regulatory) • 07/29/2024 12:52:43 PM
Form 8-K - Current report • Edgar (US Regulatory) • 05/28/2024 01:21:55 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/09/2024 07:31:39 PM
Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/29/2024 10:22:18 PM
Form 8-K - Current report • Edgar (US Regulatory) • 02/28/2024 02:25:15 PM
Form 8-K - Current report • Edgar (US Regulatory) • 01/30/2024 03:54:45 PM
Form 8-K - Current report • Edgar (US Regulatory) • 12/28/2023 04:23:21 PM
Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 12/04/2023 10:02:52 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/28/2023 03:11:29 PM
Form 8-K - Current report • Edgar (US Regulatory) • 11/16/2023 10:04:21 PM
Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/07/2023 04:25:33 PM
Form 8-K - Current report • Edgar (US Regulatory) • 10/27/2023 11:38:08 AM
Form 8-K - Current report • Edgar (US Regulatory) • 09/29/2023 01:16:59 PM

More USO News

InvestorsHub NewsWire

VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM

Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM

HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM

Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM

Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM

PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM

Start posting your company's news

Only $200 per official company press release!

InvestorsHub community

Register for free to join our community of investors and share your ideas

You'll also get access to streaming quotes, interactive charts, trades, portfolio, live options flow