What plunging crude prices mean for the market's largest oil ETF
Business

Plunging crude prices

In the days leading up to the historic plunge, the United States Oil Fund (USO) — the market's largest crude oil ETF by assets — saw notably higher trading volumes as short- and long-term buyers sought to express their views on crude, ETF analysts told CNBC on Monday.

business-news energy markets stock-markets investment-strategy exchange-traded-funds crude-oil oil-and-gas energy-industry crude-oil-markets united-states-oil-fund lp home-depot-inc

Tue Apr 21 - Google

Related Articles

Elon Musk Gains $8 Billion to Become World’s Fourth-Richest Person
Business
Elon Musk Gains $8 Billion to Become World’s Fourth-Richest Person

Elon Musk’s financial upswing shows no signs of slowing. The rise vaulted the Tesla co-founder past French luxury tycoon Bernard Arnault, the wealthiest non-American on the Bloomberg Billionaires Index. Musk’s fortune has grown by $57.2 billion this year, the second-biggest increase on the index after Amazon.com Inc. founder Jeff Bezos’s.

technology business markets wealth valuation sp-500-index amazoncom-inc tesla-inc pursuits elon-reeve-musk bernard-arnault mark-elliot-zuckerberg billionaires space-exploration-technologi

Tue Aug 18 - Bloomberg
US posted the worst-ever GDP plunge
Business
US posted the worst-ever GDP plunge

US GDP dropped 32.9% in the second quarter, the worst ever posted in the Q2. Economists surveyed by Dow Jones had been looking for a drop of 34.7% but still, it was the worst drop ever, with the closest previously coming in mid-1921. The report comes amid a recession that began in February and pulled first-quarter growth down 5%. On a quarterly basis, the Q2 decline was 1.8%

us economy markets gdp

Thu Jul 30 - CNBC
China tries to find a new economic partner in South Korea
Business
China tries to find a new economic partner in South Korea

According to the latest media reports, South Korea and China are set to hold bilateral talks on the economy later this week. The talks will be held on Saturday in Qingdao, eastern China, where deputy ministers of the two sides will hold annual economic cooperation talks, South Korea’s Yonhap news agency said. The meeting comes amid escalating China-US trade and security tensions

china us economy markets korea

Thu Jul 30 - AA
Chinese markets in red after the rise in US-China tensions
Business
Chinese markets in red after the rise in US-China tensions

Chinese stocks mostly deepened losses by the close as U.S.-China tensions worsened on Friday. In mainland China, the Shanghai composite pared some losses but still ended the day 3.86% lower at 3,196.77, while the Shenzhen composite tumbled 5% to close at 2,138.36. The Shenzhen component dived 5.31% to close at 12,935.70. The Chinese yuan, a barometer of Sino-U.S. tensions, looks set for its worst week in two months

china us economy markets

Fri Jul 24 - CNBC