WTI

The United States Oil Fund LP (ETF) (NYSE: USO), which tracks front month West Texas Intermediate futures, has plunged nearly 39 percent year-to-date. That massive decline comes on the heels of USO's 2014 loss of 42.4 percent. Yet, somehow, someway, USO keeps attracting assets. To be precise,...

The Option Samurai sees a trading opportunity in the oil space. He recommends selling puts on oil stocks into the end of the year. He also discussed how to adjust the trade based on risk tolerance and the movement of the oil market. Benzinga recently had the chance to speak with Leav Graves,...

U.S. oil rig counts fell by 16 this week, the ninth consecutive week of declines. A Reuters survey also indicates that OPEC production declined modestly in the month of October. Crude oil prices are on pace to finish the week higher after two straight weeks of declines. This week’s Baker...

Hurricane Patricia could be the strongest storm ever to make landfall. The storm’s projected path indicates that it will hit Mexico’s Pacific Coast sometime on Friday. A handful of companies could play major roles in the recovery efforts if the storm’s damage is severe. Category...

Citi has downgraded a handful of U.S. refiner stocks based on shrinking differentials and falling production. The firm maintains Buy ratings on several names in the space. Citi predicts a $4.50/bbl WTI/Brent differential in 2016. Earnings season for U.S. refiners is kicking off soon, and Citi...

The United States Oil Fund LP (ETF) (NYSE: USO), which tracks front-month West Texas Intermediate (WTI) futures, is trading modestly higher Tuesday, adding to a one-month gain that now stands just over 7 percent. Oil's recent recovery, albeit muted relative to the lengthy bear market the...

Goldman Sachs analyst Damien Courvalin commented in a note that the possibility of $20 oil is "becoming greater." Courvalin's base case estimates for one, three, six, and 12 months oil forecasts (per barrel) are $38, $42, $40 and $45. Recent decline in oil prices have been...

With August being a punishing month for U.S. stocks (the S&P 500 tumbled 5.8 percent), it is not surprising that exchange-traded funds suffered outflows. The August selloff sparked $112.3 billion of outflows from U.S.-listed exchange traded products, still a scant percentage of the over $2...

Crude oil closed out its largest three-day price surge since 1990 on Monday, and the United States Oil Fund LP (ETF) (NYSE: USO) is up more than 23 percent in less than a week. Oil bears on Wall Street are arguing that the movement is simply a temporary short squeeze following WTI’s drop to...

At the end of a week in which there seems to be very little cause for optimism among crude oil bulls, Dennis Gartman decided it’s finally time to go long oil. WTI crude oil prices hit six-and-a-half-year lows and shares of the United States Oil Fund LP (ETF) (NYSE: USO) hit all-time lows this...

Crude oil prices have fallen in a straight line from beginning of August until now. While crude was trading safely near the $60 mark at the end of July, it has slided all the way down to the low $40s and today broke the $41 mark for the first time since early 2009. Eric Lee, analyst at Citigroup...

Oil prices made a modest recovery on Tuesday morning, but a dip on Monday gave traders reason to question whether the commodity was heading for another trough in the coming weeks. Brent crude oil and WTI have both held above $50 per barrel for the last 10 years, but with production continuing to...

In a report published Monday, Deutsche Bank strategist David Bianco offered investors 10 key themes heading into the summer months. "S&P reached a new high of 2130 last Thursday on an 18 trailing PE, the highest since 2010 despite anemic EPS growth expected this year," Bianco wrote. "Both EPS...

The rebound in energy-related stocks continues to gain steam as many oil and gas equipment services companies recently touched four-month highs. After bottoming in March, the United States Oil Fund LP (ETF) (NYSE: USO) has gained more than 28 percent and challenged many bearish predictions that...