• Tue. Oct 15th, 2024

USO: Oil Outlook Turns Bullish (NYSEARCA:USO)

Byadmin

Jan 15, 2023

[ad_1]

Torsten Asmus

I last wrote about the United States Oil ETF, LP (NYSEARCA:USO) in April 2022, when I argued that after a 350% rally since the crisis that gripped the US oil sector in April 2020, the ETF was

Chart

USO Share Price, Market Cap, And Number Of Shares (Bloomberg)

Chart

Front Month WTI Price (Bloomberg)

Chart

Front Month WTI Vs 12-Month Future (Bloomberg)

Chart

Front Month WTI Vs Following Month Future (Bloomberg)

Chart

USO Vs XLE Total Return (Bloomberg)

[ad_2]

Image and article originally from seekingalpha.com. Read the original article here.