United States Oil Fund LP (USO) Options

Silver to See Growing Deficit in 2024 as Supply Struggles

Supply and Demand #MACRO

Silver to See Growing Deficit in 2024 as Supply Struggles https://t.co/0gNgvWQI3T #SilverShortages #Silver #shortages #Gold #preciousmetals— Precious Metals Researcher 𓃵 ▫️◽◻️◽▫️◽◽ (@SafeHavenMoney) June 25, 2024 $USO $SLV

Solar energy drives record high silver premiums in China.
https://x.com/SafeHavenMoney/status/1797690632250749134 #china #silver $SLV $USO

UAE ditches US dollar for local currencies in oil trades, aligning with BRICS's de-dollarization drive. This shift from the Petrodollar, could be the beginning of the end for the US Dollar as a global reserve currency. $USO

Gold remains an attractive long-term asset as short-term pessimism remains elevated - NDR's Tim Hayes $USO

Gold price firmer as safe-haven demand featured
$USO

Time to rotate for a better price

Major oil producers in the OPEC+ group announced a surprise addition to production cuts Sunday.

Saudi Arabia, the top producer in the group that includes Russia, will cut 500K barrels per day. The total new cuts are about 1.16 bpd, bringing total cuts including the previous 2M bpd to about 3.66M, according to data from Reuters.

Russia reportedly made a cut of 500K bpd until the end of this year.

A Contrarian Buying Opportunity For Energy Bulls

https://www.acheroninsights.com/blog/a-contrarian-buying-opportunity-for-energy-bulls

Starting to get some traction.

Senior Oil and Gas Trader and Brazil-Based Intermediary Charged in Bribery and Money Laundering Scheme

Added

Nice turn today - hope it continues tomorrow

The way I see it, a 3% gain is a 3% gain, whether you’re a millionaire or a hundredaire, lol
If we keep at it, maybe someday we’ll both be thousandaires!
GT’s, 4God

its expensive...at $69

only have 10 shares

USO was ripping today!

IN Deed..NEWS u can use

.Kazakhstan has delayed the startup of crude oil exports from its giant Tengiz oilfield by way of the Baku-Tbilisi-Ceyhan pipeline, four sources told Reuters on Friday.

Kazakhstan energy company Kazmunaigaz (KMG) has pushed back the restart of crude oil exports from the giant Tengiz oilfield after BP declared force majeure on crude oil loadings from the Ceyhan port.

"Force majeure was declared in Ceyhan, and (Tengiz) crude supplies to BTC were put on hold," a market source told Reuters.

In USO

HEAD of British gov't is one too------talking shortage of natty gas

Rag heads BS'ing the market with more cuts, to save and keep their price gouging tactics in place, when price tanked today, the cheating and lying BS started to keep their scam from falling apart like it was just about to do.

$USO price cools, but the management group continues collecting huge fees on $USO and about 11 other commodity funds, the management group is part of a diversified holding company.

CYBL Moving up now

CYBL Moving up now

$USO U.S. oil futures log first weekly losses in 8 weeks
https://www.marketwatch.com/story/us-oil-futures-log-first-weekly-losses-in-8-weeks-2022-06-17

$USO WTI Crude Oil (Nymex)
USD/bbl. $108.54 -15.16

Brent Crude (ICE)
USD/bbl. $111.68 -16.30

Historically, Crude oil reached an all time high of 147.27 in July of 2008.

$USO https://investorplace.com/2021/10/cei-stock-is-a-speculative-bet-that-could-pay-off-handsomely/

Didn't you get the memo? Cycle end!

Didn't you notice them big block sales in almost every stock like in 08?

https://www.foxbusiness.com/energy/energy-expert-warns-of-serious-oil-crisis-within-next-five-years
The energy expert has been bullish on oil for the past couple of months, and told "Mornings with Maria" in June that he expects oil prices to hit $100 per barrel before the end of 2021. On Thursday, he told host Maria Bartiromo that he believes his projection still holds true, adding that it will happen sooner rather than later.

Crude ETFs Continue to Climb on Increased Output

"Crude oil and crude ETFs are climbing to fresh highs after the Memorial Day weekend, as some of the world’s most notorious oil producers elected to continue to gradually lift production cuts amid climbing oil prices."

https://www.etftrends.com/crude-etfs-continue-to-climb-increased-output/







..

USO exceeds 52-week high in NAV and share price

https://ih.advfn.com/stock-market/AMEX/united-states-oil-USO/chart

https://www.uscfinvestments.com/uso






http://ih.advfn.com/p.php?pid=staticchart&s=A%5EUSO&t=37&p=5&dm=0&vol=0&width=280&height=200&min_pre=0&min_after=0

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USO's fund group USCF creates Midstream Energy Fund

https://www.prnewswire.com/news-releases/uscf-announces-launch-of-the-uscf-midstream-energy-income-fund-with-millerhoward-investments-ticker-umi-301254746.html

https://www.uscfinvestments.com/documents/uscf-midstream-energy-income-fund-pr-20210324.pdf

https://www.uscfinvestments.com/home



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$uso $41.5 ^ 1.61 (4.04%)
Volume: 9,973,032 @03/26/21 8:00:00 PM EDT

Love how USO always manages to shake out all the shorters and dumb ass sellers

$uso $41.27 v -1.19 (-2.80%)
Volume: 5,823,340 @02/26/21 8:00:00 PM EST

Green Green Green $$$$$$$

41 realistically.... it continues to climb beautifully though

How high do you think this will close?

Probably because other people are trading against your premium

Keeps climbing up up up $$$$$

$uso $38.1999 ^ 0.3899 (1.03%)
Volume: 4,379,135 @02/05/21 8:00:00 PM EST

USO is $$$$$$$$$$$

$$$$$$$$$$$$$$$ my friend!!!!

$uso $35.76 v -0.03 (-0.08%)
Volume: 2,982,204 @01/21/21 7:58:12 PM EST

$uso $31.78 v -0.86 (-2.63%)
Volume: 3,480,776 @12/22/20 7:59:40 PM EST

Can anyone explain why the pre-reverse-split options are trading below intrinsic value? For example, I have Jan15 $3 calls ($24 strike after the 8-1 RS) that have $9.05 intrinsic value at $33.05 PPS ($1.13 split adjusted value) but only trading for $1.03 or so.

$uso $31.35 v -0.02 (-0.06%)
Volume: 2,904,863 @11/27/20 4:46:46 PM EST

Will be back below 28 soon just sit tight.

$uso $29.0 ^ 0.09 (0.31%)
Volume: 6,297,623 @11/11/20 7:57:05 PM EST

EU and now US shutdowns to weigh on oil

(Reuters) - Renewed restrictions in Europe and the United States to combat the coronavirus have slowed the pace of fuel demand recovery, offsetting a rebound in Asian economies where consumption has almost returned to pre-COVID levels.

$uso $25.15 v -0.45 (-1.76%)
Volume: 5,357,305 @10/30/20 8:00:00 PM EDT