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This Day In Market History: OPEC Raises Crude Oil Prices By 9%
March 26, 2018
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On this day 39 ...
US Crude Oil Could Rise On Venezuelan Sanctions
February 23, 2018
After OPEC's agreement to extend crude oil production cuts throughout 2018, oil prices may soon get yet another boost if the U.S. ...
Bullish Sign for Oil ETFs as Crude Oil Futures Surge
April 13, 2018
The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (NYSEArca: BNO), which tracks Brent crude oil futures, have...
In A Year When Bitcoin Stole The Spotlight, Energy Was An Underappreciated Winner
January 07, 2018
The year 2017 was a strong one in financial markets, as assets across categories made handsome gains. The standout performer, though, ...
This Day In Market History: OPEC Raises Oil Price To $7 Per Barrel
December 22, 2017
Each day, Benzinga will take a look back at a notable market-related moment that happened on this date. What Happened? On this day ...
Energy ETFs: Rally in the Early Innings
December 28, 2017
The Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy exchange traded fund, is up nearly 7% over the past month. While XLE is still saddled with a year-to-date loss, some...
Big Oil ETFs Could Deliver Big Things In 2018
December 15, 2017
The Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy exchange traded fund, is still down 7.5% year-to-date, making it the worst performer among the sector SPDR ETFs. However,...
Russia May Shun OPEC's Production Cut Strategy, Strategist Says
November 27, 2017
OPEC ministers will gather on Thursday in Vienna and attempt to reach a consensus on expanding a 2016 oil supply cut beyond March of ...
December Could be Unkind to This Oil ETF
November 30, 2017
Oil prices and the related exchange traded funds have recently rallied in epic fashion, but traders should note December can be unkind to some oil ETFs. That includes the PowerShares DB Oil ETF...
Traders Get Ambitious With Oil Bets
November 13, 2017
The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, jumped 4.1% last week and some traders are betting oil prices can make a significant leap before the...
Oil Rally Sparks Renewed Interest in Big ETF
November 07, 2017
The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, surged Monday after Saudi Arabia detained an array of high-profile figures, including prices and...
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