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
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
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
USO slips 1.79% even as Hormuz tanker traffic nears zero and US Iran tensions escalate. Here is why oil markets seem to be shrugging off the risk.
Aaron Roberts4 min read
The EIA expects roughly 600,000 barrels a day of Middle East oil to stay offline through 2026 as Hormuz disruptions persist, pushing Brent forecasts sharply higher.
Trevor Harris4 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 prices are climbing toward 100 dollars a barrel as Iran's attacks on Hormuz shipping and a US naval blockade collide with shrinking demand forecasts and shifting Saudi supply plans.
Aaron Roberts5 min read
China's newest five year plan doubles down on gas imports and domestic oil output, even as USO holds steady near its 52 week high. Here's what it reveals about Beijing's…
Tara Burke4 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
Norway oil output surged past forecasts in June as offshore fields returned from maintenance, adding stability to a crude market still on edge over Strait of Hormuz shipping risks.
Tara Burke4 min read
Oil's latest rally is gathering speed as Hormuz and Bab el Mandeb disruptions squeeze global crude flows, with USO trading near yearly highs and traders eyeing 100 dollar barrels.
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
Oil fund USO jumped 2.57% as Trump's proposed 20% Hormuz toll rattled markets. Here's how the charge could reshape crude supply, inventories and the case for renewables.
Logan Ruiz5 min read
Oil traders are digesting fresh Middle East tanker attacks even as USO holds steady near the middle of its yearly range, raising the question of when the next Hormuz flare…
Oliver Davis2 min read
Oil markets are on edge again as Yemen's Houthis threaten a Red Sea blockade that could trap millions of barrels of Saudi crude, just as the Strait of Hormuz remains…
Aaron Roberts4 min read
Oil surged 7.32% as the United States Oil Fund hit 129.31 dollars. Here's how backwardation in the crude futures curve, inventories, and geopolitics are driving the move.
Aaron Roberts4 min read
USO jumped nearly 4% as benchmark crude oil grades like WTI and Brent moved markets. Here is what drives the prices behind every barrel traded worldwide.
Tara Burke4 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
Brent crude oil is the global benchmark price for roughly two thirds of the world's traded oil. Here is how it works, why it moves, and how it differs from…
Aaron Roberts6 min read
Crude oil futures set the global benchmark price for oil, shaped by OPEC supply decisions, US inventories, geopolitical risk, and the strength of the dollar.
Oliver Davis6 min read
A practical, step by step guide to reading an oil price chart, using USO's latest 5.99% surge and RSI reading to walk through range, momentum, and the supply and demand…
Aaron Roberts5 min read
