West Texas Intermediate

Key indicators of the financial market’s health reacted as investors began to parse early results of the high-stakes presidential battle between Donald Trump and Kamala Harris. What happened:  Stock futures edged higher on election night, with those tied to the Dow Jones Industrial...

Oil prices fell on Wednesday after OPEC+ sources said that it was talking about holding back a plan to boost output in October due to concerns over demand and production possibly coming back to Libya. Brent crude futures were down 53 cents, or 0.72% , to $73.20 as of 12:15 pm ET Wednesday. U.S....

Oil prices were up on Wednesday, marking a third-straight day of gains and notching a 9% increase over the past week as tensions in the Middle East increase. Brent crude gained 1.1% on Wednesday to move back above $80 a barrel for the first time since Dec. 1. The European benchmark oil futures...

Global energy prices fell on Monday, with Brent crude dipping back below $80 a barrel after OPEC+ rescheduled its meeting — originally planned for Sunday — to later this week. In early trade, Brent crude was down 1.2% at $79.50 a barrel, while Nymex West Texas Intermediate fell 1.2% to $74.61 a...

As The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, announced a reduction in oil production by 1.16 million barrels per day beginning May, the impact was visible not just in oil prices but other assets too, when trading commenced in Asia on Monday. What Happened...

Oil prices soared during Monday morning in Asian trade after The Organization of the Petroleum Exporting Countries and its allies, known as OPEC+, trimmed oil production by 1.16 million barrels per day beginning May, in a surprising move. What Happened: Saudi Arabia will voluntarily cut output by...

Oil continued to trade lower in Asia trading on Thursday morning, following a weak finish in the previous session on the back of demand concerns as China announced fresh restrictions to limit COVID-19. West Texas Intermediate futures were trading 0.5% down at $89.09/barrel at press time. Small...

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...

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...

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...

It is not etched in stone, but it often happens. That being airline stocks fall while oil prices rise and vice versa. Year-to-date, West Texas Intermediate futures, though weaker in recent months, have traded higher while the U.S. Global Jets ETF (NYSE: JETS) is down nearly 10 percent. That does...

In news that is not exactly stunning to seasoned followers of the high-yield corporate bond market, junk bonds and the related exchange-traded funds are enjoying oil's rebound. After all, it was slumping oil prices and the specter of high-yield energy sector defaults that dragged on junk bond...

Barclays' David Anderson upgraded Weatherford International Plc (NYSE: WFT) with a price target of $8.00. The rating change comes after the company announced $1.1 billion in convertible debt and settled the Zubair change-order claim for $150 million. Despite low expectations for the company,...

Oil prices are on the mend this year, but the United States Oil Fund LP (ETF) (NYSE: USO) would need to more than triple to sniff its 2014 highs. USO, which tracks front-month West Texas Intermediate futures, would need to nearly quadruple to come within striking distance of its 2012 highs. Heading...

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,...