oil ETFs

Oil-based exchange-traded funds (ETFs) experienced a significant decline, dropping over 4%, following Israel’s recent military strikes on Iran. The strikes, which occurred over the weekend, were reported as “limited” by local media, leading analysts to downplay the potential...

Energy stocks have remarkably outperformed their tech counterparts over the past three months. The driving force behind this surge? A resounding oil rally. WTI-graded crude oil has experienced a remarkable ascent of over 30% since mid-June. This dramatic increase can be attributed to a combination...

The 2020 Presidential Election saw a candidate who was pro-alternative energy and electric vehicles get the victory. Here’s a look at how a leading oil ETF and two of the largest oil stocks have done since the election. What Happened: Joe Biden defeated Donald Trump to win the 2020...

Hopes of a legitimate rebound in oil prices and the related exchange-traded funds were dealt a blow last week when the United States Oil Fund (NYSE: USO), which tracks West Texas Intermediate futures, slid 2.6 percent. Slumping crude prices often pressure some equity-based ETFs, including the...

The United States Oil Fund (NYSE: USO) is down nearly 2.7 percent over the past week, bringing the heavily traded oil exchange-traded product's year-to-date loss to nearly 22 percent. Those data points, among others, highlight oil's status as one of 2017's worst-performing commodities....

Even with the benefit of a recent bounce, the United States Oil Fund LP (ETF) (NYSE: USO), which tracks West Texas Intermediate futures, is lower 12.3 percent year-to-date. That underscores the point that oil is one of this year's worst-performing commodities, but not all energy-related...

The United States Oil Fund (NYSE: USO) plunged 5.3 percent Thursday, bringing its year-to-date decline to 14.3 percent. USO, the most heavily traded oil exchange-traded product in the U.S., is now almost 20 percent below its 52-week high, putting it dangerously close to officially being in a bear...

The energy sector has risen from the ashes in 2016. After being one of the worst-performing groups in each of the past two years, energy, the S&P 500's seventh-largest sector weight, is one of the best-performing segments in the S&P 500 this year. Just look at the iShares Dow Jones US...

Baker Hughes Incorporated (NYSE: BHI) released its weekly rig count data earlier Friday, showing an increase in U.S. rig count for the week ended October 21. U.S. rig count, including oil and natural gas rigs, totaled 563, up 14 from the week ended October 14, although it represented a 234-drop...

Exchange-traded products have made commodities investing available to the masses, and that is great. What is not so great? The pesky K-1 tax forms that accompany those investments come tax season. A new exchange-traded fund from ProShares looks to ameliorate that problem, at least for those...

Oil prices are rebounding this year, and interest rates are still near historic lows. The combination of those two scenarios is renewing investors' enthusiasm for high-yielding master limited partnerships (MLPs) and the corresponding exchange-traded funds. Getting Slick On Oil Just look at the...

Oil's price action can have predictable influences among some exchange-traded funds. For example, it is arguably of little value at this point to tell investors that Canada and Russia ETFs are highly sensitive to oil prices. Likewise, the argument in favor of consumer stocks and ETFs in a low...

The conventional wisdom that rising oil prices often pinch refining equities is holding true this year as the VanEck Vectors Oil Refiners ETF (NYSE: CRAK) is off nearly 5.6 percent. That compares with a year-to-date gain of 11.4 percent for the Energy Select Sector SPDR (ETF) (NYSE: XLE), the...

Yes, that is stating the obvious in the wake of news that Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) are calling off a marriage that would have created an oil services behemoth. Speculation has been intensifying for several weeks, if not longer, that the combined...

Among futures-based oil exchange-traded products, the United States Oil Fund LP (ETF) (NYSE: USO) gets the most attention. USO tracks front-month West Texas Intermediate futures, the U.S. benchmark oil contract. USO And BNO However, Brent futures are the global oil benchmark contract. Fortunately,...