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Stock Market & Financial Investment News

News Breaks
January 17, 2013
14:35 EDTUSOUnited States Oil Fund gaps up on higher crude prices, continues to rise
Crude is up over 1.3% at time of writing with the etf following the move higher in the wake of an the seizing of a gas production facility in Algeria by militants Wednesday and a counter-strike today. An Algerian military action against the facility was reported to have killed the majority of hostages being held along with fifteen insurgents. With tensions rising in the region, energy price are higher. At the current price of $34.73, next resistance is at $34.94, the high of the day. Support is at $34.61, the low of the session.
News For USO From The Last 14 Days
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September 30, 2014
14:53 EDTUSOUnited States Oil Fund October volatility elevated as WTI Crude trades below $21
United States Oil Fund October weekly call option implied volatility is at 22, October is at 19, November is at 20, December is at 18; compared to its 26-week average of 17 according to Track Data, suggesting large near term price movement.

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