United States Oil Fund (USO)

[Taurus69]

$uso $27.04 ^ 0.25 (0.93%)
Volume: 3,304,374 @09/11/20 8:00:00 PM EDT

[Taurus69]

$uso $26.79 v -0.62 (-2.26%)
Volume: 4,797,993 @09/10/20 8:00:00 PM EDT

[CCInvestor]

http://thespaceshipcompany.com/news/

TSC Just signed a new lease in Mojave, Ca where
www.virginorbit.com also has their testing facilities perhaps that's where they plan to build them??

[Tha Part Time Er]

$$$$$$$$$$$

[Tha Part Time Er]

https://finance.yahoo.com/news/oil-climbs-draw-u-crude-151253887.html

[Tha Part Time Er]

Yawn, I’m already board with you

[Nightridertwou]

Absolute joke.

[Tha Part Time Er]

https://www.investing.com/news/commodities-news/oil-up-over-iraq-production-cuts-saudi-aramco-results-2260133

[Tha Part Time Er]

Are we going to break 30 today???

[Taurus69]

$uso $29.1 v -0.24 (-0.82%)
Volume: 27,214 @08/04/20 8:00:07 AM EDT

[Att_for_life]

Tell that to Elon...haha:)

You're still stuck in da old world

[Taurus69]

$uso $29.1 v -0.06 (-0.21%)
Volume: 3,570,234 @07/17/20 8:00:00 PM EDT

[Tha Part Time Er]

Tough few weeks for you I see. Here’s some hope


LONDON (Reuters) - Oil prices fell on Thursday after OPEC and other producers including Russia agreed to ease record supply curbs from August, though the drop was cushioned by tightening global inventories as economic activity picks up.

Brent crude fell 35 cents, or 0.8%, to $43.44 a barrel by 0852 GMT.

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West Texas Intermediate (WTI) crude was down 49 cents, or 1.2%, to $40.47 per barrel.

Both contracts rose 2% the previous day after a sharp drop in U.S. crude inventories. [EIA/S]

The Organization of the Petroleum Exporting Countries (OPEC) and its allies, known as OPEC+, agreed on Wednesday to scale back oil production cuts from August.

They will reduce their cuts to 7.7 million barrels per day through December from the 9.7 million bpd cuts in place since May.

"Things are getting back to normal on the oil market," said Norbert Rücker, head of economics research at Julius Baer.

"The petro-nations announced the partial lifting of their production restrictions as oil demand rebounds and signs of an easing supply glut emerge... The economic recovery puts demand above supply."

Saudi Arabian Energy Minister Prince Abdulaziz bin Salman said production cuts in August and September would end up amounting to about 8.1 million-8.3 million bpd, more than the headline number.

That is because countries in the grouping which over-produced earlier this year would compensate with extra August-September cuts, he said.

Oil prices are expected to remain boxed in as more supply from OPEC+ countries will likely be absorbed by recovering demand, said Tsutomu Kosuge, president of commodity research firm Marketedge Co.

"I expect Brent will stick to the tight range between $40.50-$46.50 for the next month or so," he said, adding rising tensions between China and the United States may weigh on market sentiment.

International Energy Agency Executive Director Fatih Birol said on Wednesday that global oil markets are slowly rebalancing, with prices of about $40 per barrel expected in coming months.

[Nightridertwou]

No I am not shorting it. Why are you? Looks like you are in luck because it is in the dive mode,

[Tha Part Time Er]

Shorting it are ya...
ouch... I keep seeing GREEN $$$$$

[Nightridertwou]

Looks like Sea Hunt time. Dive dive dive lolol

[Nightridertwou]

We all know it's going to drop hard I just reminding you lolol

[Nightridertwou]

Wait for it wait for it... just about ready to drop like a led balloon.

[Taurus69]

$uso $28.41

[Nightridertwou]

Look out below major swan dive. Like we didn't know that would happen.

[Nightridertwou]

Never fails the proverbial dive every single day yadda yadda yadda. Tell me something new lolol.

[Dio2000]

I can say its a bad thing when the 100,000 share trades are hitting below the ticker price walking the prices down

[Nightridertwou]

Yup it sucks dead fish.

[Dio2000]

Look...it did it again!! Lmao this ticker is pure turd

[Dio2000]

Part of why I got out of this ticker...too much stupid trading....never seen big oil act like an OTC ticker before

[Nightridertwou]

Imagine that it dove again. What a joke.

[Nightridertwou]

Time again for the infamous led balloon rides. All aboard.

[Nightridertwou]

Typical BS Powell comes on market dives.

[Nightridertwou]

Sure glad I was wrong.

[Taurus69]

$uso $28.17 ^ 0.81 (2.96%)
Volume: 6,492,099 @06/29/20 3:42:00 PM EDT

[Nightridertwou]

Sorry will close below 28. Just wanted to give you a heads up.

[Taurus69]

$uso $28.2622 ^ 0.9022 (3.30%)
Volume: 6,200,064 @06/29/20 3:17:14 PM EDT

[Nightridertwou]

Ok time for the dive like it always does. Fasten your seat belts.

[Taurus69]

$uso $27.9601 ^ 0.6001 (2.19%)
Volume: 3,199,580 @06/29/20 11:54:26 AM EDT

[Nightridertwou]

Wait we have an abrupt turn now making an upward shot.

[Nightridertwou]

Ok here we go with the drop crash time fasten your seat belts.

[Taurus69]

$uso $27.36

[Dio2000]

Todays trading sucked a bag of dix!

[Smilin_B]

USO & UCO (2x bull) are neck and neck as far as share price.

Waiting on UCO to act more like a 2x than it has been

[Dio2000]

Did you guys see this?? Wow USO was doing some shady crap


https://www.benzinga.com/pressreleases/20/06/n16345029/uso-class-action-alert-did-you-purchase-united-states-oil-fund-between-march-19-2020-and-april-28-

[Nightridertwou]

Well the corona thing was bad yesterday and just as bad today and what about tomorrow and the next day? This thing will collapse the world as we have known it. They fail to realize this thing is NOT going away and they won't get some anti virus to cure it. If the Dems take the white house back we are doomed. It will be all over but the crying. But that is what they are doing anything and everything to take him down at whatever the cost. Sad.

[Dio2000]

Whats sickening is that the news being shared about the increasing corona cases were known yesterday and even before but its shown as a beacon today as if this is new news....posted mostly to bring the stocks down...

[Dio2000]

Facts! Lmao

[Nightridertwou]

Yea I know remember I said wait till December. We really have no choice we stuck in this crap.

[Dio2000]

If I was a flipper then that would scare me....besides...theres not enough volume on this ticker.......long term this will climb back up ao its mostly a hold for now

[Nightridertwou]

Look out below crashing hard fasten your seat belts. Market crash today have fun.

[Dio2000]

Crude rose by 2Million barrels last week and yet bleeding today...sad

[Dio2000]

Dilution....who else can make sales below triple digits?

[Dio2000]

Lol the typical selloffs

[Nightridertwou]

Yep looks like they pulling out the free led balloon rides again. To say this etf is a disappointment is an understatement.