United States Gasoline Fund LP Blog | Talkmarkets | Page 1
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US Crude Demand Sees Record Plunge
Article By: Orbex
Thursday, April 9, 2020 9:52 AM EDT
It’s been another tough week for crude oil. Despite the broader recovery in risk markets, as equities and commodities continue to climb off the recent lows, oil prices remain hemmed in by low demand.
In this article: OIL, UGA
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U.S. Gasoline Product Supplied Falls Off A Cliff
Article By: Steve St. Angelo
Wednesday, April 8, 2020 5:28 AM EDT
In just two short weeks, U.S. gasoline product supplied to the market fell 32%. The last time weekly gasoline supplies were at this level was more than 30 years ago.
In this article: UGA
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Oil Struggles Are Far From Over
Article By: Daily Forex
Tuesday, March 31, 2020 4:22 AM EDT
Oil prices dipped below $20 per barrel on Monday, touching lows not seen since February 2002, before edging higher into Tuesday’s Asian trading session. Brent crude, the global benchmark, fell to its lowest point in 18 years, $21.65 per barrel.
In this article: BNO, OIL, USO, UGA
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US Gasoline Crashes To 50c - Lowest Since 2001 - Amid "Unprecedented" Demand Collapse
Article By: Tyler Durden
Monday, March 23, 2020 12:00 PM EDT
Gasoline futures in New York fell as much as 13% to 50.00 cents a gallon, the lowest level since the current contract started trading in 2005.
In this article: UGA
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US Crude Stocks Surge Higher
Article By: Orbex
Thursday, February 13, 2020 9:33 AM EDT
Crude prices have been fighting to reclaim some higher ground this week. However, the rally was capped on Wednesday by the latest report from the Energy Information Administration.
In this article: OIL, UGA
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