- USOMarket Realist•21 minutes ago
The companies in the energy sector were mixed on Monday, September 26. The United States Oil ETF (USO) and the PowerShares DB Oil ETF (DBO) rose ~2.2% and ~2.1%, respectively.
- XOPMarket Realist•21 minutes ago
After falling on Friday, September 23, and paring last week’s gains, crude oil recovered and spiked higher on Monday, September 26. Crude oil started the day on a positive note amid speculations over the ...
- EEMBarrons.com•26 minutes ago
The informal meeting of the Organization of the Petroleum Exporting Countries or OPEC on Wednesday in the capital of Algeria could lay the groundwork for a production freeze or quotas -- but in November, says SGH Macro Advisors. The United States Oil Fund (USO) rose 2.3% Monday in line with the rise in the international Brent oil-price benchmark to $46.98 per barrel. Sinopec Shanghai Petrochemical (SHI) slumped 2.3% and Brazil's Petroleo Brasileiro or Petrobras (PBR) slipped 1.9%.