West Texas Intermediate

The Energy Select Sector SPDR (ETF) (NYSE: XLE) is up 1.2 percent year to date. That does not sound like much, but it is a far cry from the savage losses incurred by the benchmark energy exchange traded fund in each of the past two years. In March, XLE surged 7.4 percent, outpacing the S&P 500...

The heavily traded and much maligned United States Oil Fund LP (ETF) (NYSE: USO), which tracks West Texas Intermediate futures, is up 8.6 percent over the past five days, while U.S. benchmark crude for March delivery is higher by 9.4 percent over the same period. Under any circumstances, those are...

To say the United States Oil Fund LP (ETF) (NYSE: USO), which tracks West Texas Intermediate crude oil futures, is a flawed product is accurate and fair. Over the past three years, USO is down 77.1 percent, but the exchange-traded product remains a favorite, on both sides of the oil trade, of...

Given its lengthy bear market, mounting bearish price forecasts and the "more bad news than good news" scenario facing the oil market, it might come as a surprise to some that professional investors are not heavily short the commodity. That is understandable when considering the United States Oil...

The energy sector, the seventh-largest sector weight in the S&P 500, is the worst performing group in the benchmark U.S. equity index this year, and some corners of the energy patch have been much worse than others. For example, refining stocks have benefitted from slumping oil prices, which...

2015 has been a difficult year for oil investors and companies, as crude prices plummeted and supplies far outweighed demand. Several different factors have weighed on oil over the past year, all of which have kept the market from rebounding. The global economy has been a major contributor to...

Things are getting worse for oil and oil-related exchange-traded products. As of Friday's afternoon trading session, nearly 60 exchange-traded products have hit all-time lows. Of that group, 27 are commodities products, and that does not include a number of currency, fixed income and international...

Oil prices have moved sharply lower in July as the U.S.-Iran nuclear negotiations drew to a close. The United States Oil Fund LP (NYSE: USO) has lost nearly 12 percent since July 1 as West Texas Intermediate Crude Oil futures fell from above $58 to $52. On Tuesday, prices are slightly lower as...

A report by the U.S. government on Wednesday indicated that crude supplies rose 1.29 million barrels last week, marking the smallest weekly gain since the seven-day period ending January 2. Analysts were expecting a gain of 3.6 million barrels for the week. The report, issued by the Energy...

Oil and water do not mix. What about oil and hedge funds? Benzinga reached out to Evan Rapoport, CEO of leading hedge fund database, HedgeCo.Net for comment. With regard to energy-focused funds that trade oil-related equities, Rapoport shared three important observations: 1. Portfolio...

  Gasoline prices continue to fall. GasBuddy.com reported Monday that gas prices were "lower than yesterday, a week ago, a month ago, and down" $0.11 per gallon versus a year ago. GasBuddy added that the most common U.S. price was $3.499, down a dime per gallon from a year...