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United States 12 Month Oil ETF: (USL)

(Delayed Data from NYSE) As of Nov 1, 2024 03:59 PM ET

$36.67 USD

36.67
12,758

-0.46 (-1.24%)

Volume: 12,758

Zacks ETF Rank

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

NA

After-Market: $36.65 -0.02 (-0.05 %) 7:58 PM ET

Zacks News

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Should You Invest in Oil ETFs on Rising Middle East Tensions?

The ongoing conflict in the Middle East has led to increased oil prices. Will the pop in oil prices sustain?

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Should You Buy Oil ETFs as OPEC Delays Output Hike?

The OPEC+ alliance is once again intensifying efforts to ensure member compliance with its agreed oil production cuts.

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Tough Time Ahead for Oil ETFs?

Oil futures may seesaw in the coming days thanks to recession fears in the United States despite the ongoing tensions in the Middle East, a key oil-producing region.

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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.

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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.

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U.S. Oil Hovers Around $83: What Lies Ahead for ETFs?

Slowing manufacturing activity may instigate the Fed to cut interest rates earlier-than-expected. While this is a plus for oil ETFs, the U.S. government's efforts to keep oil prices low in the election year may not allow those ETFs to soar ahead.

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4 Reasons Why Oil & Energy ETFs Can Continue to Soar

Oil prices surged recently to their highest levels since October as investors closely monitored escalating geopolitical tensions in key regions. The improved demand outlook is another reason for which oil prices can go higher.

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Time for Oil & Energy ETFs?

Oil prices have been in great shape this year. If the Gaza truce takes time to materialize, the rally could prolong.

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Oil Price to Double In Near Term? ETFs in Focus

Goldman Sachs believes that oil prices may surge ahead if Houthi attack continues, as quoted on oilprice.com.

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Houthi Attacks in Red Sea to Boost These ETF Areas

Red Sea serves as a critical transit route for oil. Consecutive Houthi attacks in this area for the past two months may boost these ETF areas.

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A Complete Guide to Oil Commodity ETFs

Fortunately, with the advent of ETFs, investors could easily venture into the energy sector without the need to engage in futures trading or take physical delivery of oil.

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A Complete Guide to Oil Commodity ETFs

Fortunately, with the advent of ETFs, investors could easily venture into the energy sector without the need to engage in futures trading or take physical delivery of oil.

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Top ETF Stories of the Nine Months of 2023

We discuss some of the hot events of the first nine months of this year that influenced the market in a big way.

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ETFs to Watch This Week

Wall Street has been on a tough ride lately and is expected to be volatile this week as well, given the UAW strike, Fed meeting, oil price at $95 per barrel and strength in the dollar.

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ETFs to Tap Oil Price Strength

Investors seeking to tap the strength in oil prices may bet on the ETFs that are directly linked to the futures contracts.

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Can Oil ETFs Extend its Winning Streak for First Time Since June'22?

The energy market is on a tear. However, weakening economic growth in China can cause trouble in the oil patch.

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Here's Why Oil ETFs Likely to Gain in the Near Term

Positive projections for global oil demand, a weaker U.S. dollar, and ongoing supply cuts from OPEC+ are likely to contribute to the oil price rally in the near term.

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Oil ETFs Gaining Most Cash Since 2020: Time to Tap?

Oil ETFs have been raking in solid cash as recessionary fears pulled down oil prices in recent weeks.

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Can Oil ETFs Jump in 2023 After a Low Start?

Oil prices remained under pressure this year on global recessionary fears. Can it bounce back?

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Oil ETFs: Pain or Gain Ahead?

Oil prices have been in decent shape lately. Though the news of continuation of China's zero-Covid policy cast a pall over oil prices on Monday, it is likely to be a short-term drag.

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Oil ETFs Up on Surprise OPEC+ Output Cut

Oil prices increased considerably on Sep 5 as OPEC+ producers agreed a small oil output cut.

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5 ETFs to Tap Oil Price Strength

Investors seeking to tap the oil rally could bet on the ETFs that are directly linked to the futures contracts.

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Oil ETFs to Rally on EU's Latest Ban on Russian Crude Imports

Take a look at some ETFs that can benefit from the latest rally in oil prices following the EU's agreement to ban 90% of Russian crude by 2022 end.

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ETFs Areas for April as War Crisis May Worsen

Take a look at some ETF areas that can come under spotlight as the Russia-Ukraine crisis worsens.

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More Rally in Oil ETFs in the Cards This Week?

Oil prices have soared to their highest levels in many years due to geopolitical tensions in Europe and the Middle East. Sudden jump in production is also unlikely.