Declining Crude Inventories Stabilize US Oil (USO) Prices in the $60s
US oil prices (USO) steadied in the $60s this morning after starting the session at their lowest in two months, as declining crude inventories provided a counterbalance to a gloomy economic outlook. Despite...
The energy sector has shown an encouraging turnaround in the initial weeks of 2025, becoming a leader after being a laggard over the past two years. Energy Select Sector SPDR Fund XLE has gained 6.5%,...