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News Breaks | | | | January 17, 2013 | | 14:35 EDT |  | USO | United 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. | |
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News For USO From The Last 14 Days Check below for free stories on USO the last two weeks. |
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| May 6, 2013 | | 07:06 EDT |  | USO | United States Oil Fund volatility flat as oil trades up
United States Oil Fund May call option implied volatility is at 23, June is at 21, August is at 21, compared to its 26-week average of23 as WTI Crude Oil trades up 0.68% to $96.26 according to Bloomberg. | |
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