Iraq has restored a vital route for crude exports through Turkey after the Hormuz disruption filled storage and forced well closures. The one year deal restarts more than 200,000 barrels…
Logan Ruiz7 min read
China’s drawdown of crude stocks has reshaped Asian buying during the Iran conflict, freeing Gulf cargoes for other markets. Here is what import flows, export figures and USO’s latest move…
Tara Burke5 min read
Tanker freight now accounts for about a fifth of crude cargo costs. Longer voyages, queues near Hormuz and Japan’s reserve rebuilding are tightening competition for barrels, while US export supply…
Logan Ruiz6 min read
Oil’s oversupply story faltered after conflict around Iran put the Strait of Hormuz at risk. USO rose on September 30, while weaker Chinese imports and higher Nigerian production complicate the…
Tara Burke6 min read
Norway’s oil and gas output may stay near current levels through the late 2020s, then decline. A new assessment explains why exploration, field investment and export infrastructure will determine how…
Trevor Harris6 min read
Saudi Aramco is routing more crude to Asian buyers through tanker transfers outside the Strait of Hormuz. The workaround is sending barrels to China as the USO proxy gains 3.3%,…
Trevor Harris2 min read
Trump’s Venezuela oil agreement promises a huge production target, but the ownership structure remains disputed. Unpaid claims, difficult fields and the assumptions behind Caracas’s $209 billion revenue estimate raise questions…
Trevor Harris5 min read
India’s Russian crude purchases fell sharply in August even as refinery maintenance stayed limited and fuel demand remained firm. Lower Russian exports, Black Sea shipping risks and rising Chinese buying…
Aaron Roberts6 min read
Crude jumps after U.S. Iran strikes near the Strait of Hormuz reignite supply fears, even as tanker traffic collapses and a naval blockade tightens around Iranian ports.
Aaron Roberts4 min read
Oil prices are holding steady for now, but a closed Strait of Hormuz and shrinking global inventories have analysts warning of a sharp price spike within weeks.
Logan Ruiz4 min read
Oil fund USO jumps 2.77% as Gulf producers route over 4 million barrels a day around the Strait of Hormuz through a shadow tanker network built to dodge the Iran…
Logan Ruiz4 min read
Crude oil fund USO jumped 2.77% as India's record breaking Russian oil imports and a slow Hormuz recovery reshape global crude flows and tanker economics.
Aaron Roberts5 min read
Crude oil just jumped nearly 3% as tracked by the USO ETF. Here's the crude oil definition, what drives its price, and why OPEC, inventories and the dollar still matter…
Aaron Roberts8 min read
USO holds steady near 130.91 dollars as nations rush to rebuild oil reserves drained by the Middle East war, with China's stockpiling strategy now the model everyone wants to copy.
Logan Ruiz4 min read
The United States Oil Fund (AMEX:USO) traded at 130.66 dollars on August 19, up 0.28 percent on the day, sitting comfortably inside its 52 week range of 102.42 to 142.33…
Trevor Harris3 min read
USO jumps nearly 3% as officials claim Middle East oil flows have fully rebounded, but ship tracking data tells a very different, far more constrained story.
Tara Burke4 min read
USO surged 6.73% as traders eyed a Turkish drilling campaign off Somalia that could send Hormuz free crude toward Asian refiners for the first time.
Logan Ruiz5 min read
: Wait, formatting error introduced accidentally. Traffic through Hormuz has ticked up again, still described by ING analysts as running in single digits but higher than before. U.S. Energy Secretary…
Tara Burke3 min read
Crude oil surged nearly 6% as USO hit 139.49 dollars, pushing RSI past 71. Here is what the spike means for refiners, crack spreads, and fuel prices ahead.
Logan Ruiz4 min read
Crude oil has slid back to pre war levels, but gasoline and diesel remain expensive, handing refiners record profit margins. Here is why the gap between crude and fuel prices…
Aaron Roberts4 min read
Crude oil's swings trace back to storage costs, OPEC+ output decisions, geopolitical risk and the dollar. Here is how carrying cost logic explains what moves USO right now.
Logan Ruiz4 min read
Crude oil prices hinge on a constant tug of war between production discipline, inventory swings, geopolitical shocks and the dollar. Here is how the market actually works.
Aaron Roberts6 min read
Crude oil is the unrefined petroleum pumped from underground reservoirs and refined into fuels and chemicals. Here is how it forms, how it is priced, and why it moves markets.
Logan Ruiz5 min read
USO hovers near its 52 week low even as New England braces for a possible winter energy squeeze, with utilities blaming the Jones Act and record gas exports for tightening…
Tara Burke3 min read
