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United States 12 Month Oil Fund, LP

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$36.36

0.00 (0.00%)

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$36.36

Day Range

$0 - $0

Previous Day Range

$36.12 - $36.45

Market Cap

$ USD

Day Vol.

Previous Day Vol.

3334

Currency

USD

Primary Exchange

NYSE Arca, Inc.

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Recent News

Sanghamitra Saha - Will OPEC+ Output Cuts At All Boost Oil ETFs Ahead?

In the latest meeting, OPEC+ agreed to extend production cuts of 3.66 million barrels per day (bpd) until the end of 2025, along with prolonging cuts of 2.2 million bpd until September 2024.

Related tickers: USO, DBO, USL, BNO, OILK.

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Sanghamitra Saha - Where Could Oil Go From Here? ETFs in Focus

Oil prices may see a recovery in demand if global central banks start cutting rates by 2024-end, and if supply falls due to the replenishment of the US strategic petroleum reserve and continued OPEC+ output cuts. However, the growing thrust on clean energy is a negative for the long term.

Related tickers: USO, DBO, USL, BNO, OILK.

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