United States Oil Fund (USO)

Commodities and risk assets in general are under pressure as trade policy uncertainty intensifies

In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, March 4.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $67.65 during the early Asian session on Wednesday.

Oil prices are weaker as OPEC+ confirms it will start reversing supply cuts, while tariff uncertainty is also hitting sentiment.

In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, March 3.

Markets closed lower after Trump announced tariffs on Canada and Mexico, with S&P 500 seeing its worst drop since December. Oil and gold prices rose.

The downturn in WTI Crude Oil saw price velocity increase downwards this week.

US markets closed higher on Friday, despite volatility and uncertainty over Ukraine. Asian markets also gained, while European shares neared record highs.

The US dollar rallied during the course of the week as it turned around to break above the JPY150 level. The USD/JPY currency pair recently formed a bit of a double bottom on the chart, while the 50-week EMA above has been offering resistance.

Stewart recently made a claim on his show that promotes a common misconception: “How about we just take $3 billion in subsidies we give to oil and gas companies that turn billions in profits?” Here's what that's inaccurate...

A White House clash between Trump, Vance and Zelenskyy over Ukraine aid sparked energy market gains. Rising geopolitical tensions pushed oil prices and energy stocks higher.

U.S. markets closed red on 2/27 due to Nvidia's disappointing forecast, slowing AI demand, and economic data indicating a cooling economy.

President Trump has had success bringing down oil prices by sheer force of will and keeping traders off balance.

West Texas Intermediate oil price remains near a two-month low at $68.29 recorded on February 26, hovering around $68.70 per barrel during Asian trading hours on Thursday.

Oil prices are largely under pressure amid demand concerns, while the European gas market continues to sell off aggressively.

Crude oil futures remain under the barrier of $70, which increases the probability of further deterioration and attack on the next support zone in the very near future.

US equity futures are higher, reversing much of yesterday's drop, and European bourses are at all time high, as the market braces for NVDA earnings after today’s close.

U.S. markets mixed amid tariff concerns, European shares at record highs on strong earnings and U.S.-Ukraine minerals deal, while U.S. home sales and mortgage applications decline. Asian markets show mixed results, European markets fall after Trump announces EU tariff. Oil and gold prices up, U.S. futures also up. U.S. dollar index and USD/JPY rise, while USD/AUD falls.

Suppose for a moment that the Sierra Club was a political party, with candidates running and elected officials in government.

Energy prices are under pressure amid demand concerns and improving prospects for a Russia-Ukraine peace deal. But tariff risks continue to hit metal markets.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.00 during the early Asian session on Wednesday.

US markets mixed, home prices up, futures higher. Asian markets mostly down, US dollar slightly up. Oil prices near 2-month low.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $70.80 during the early Asian session on Tuesday. The WTI price extends the recovery amid concerns of near-term supply tightness. 

US markets mixed, tech stocks down on AI demand concerns and weak economic indicators. Japan's Nikkei falls, oil prices rise on US sanctions.