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The West Texas Intermediate (WTI) crude oil is roughly $70 per barrel today. With the CrownRock acquisition, Occidental expects its cash flow per share to total around $4.22 per share.
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
The United States Oil Fund was founded on April 10, 2006, by Victoria Bay Asset Management, now known as United States Commodity Funds, [5] [6] and the American Stock Exchange. The fund opened on its first day of trading at $68.25 per share.
Stock market today: Indexes fall, oil surges on Middle East turmoil ahead of jobs report. ... US oil spiked 5.5% to $73.98 a barrel and Brent prices rose more than 5% to trade at $77.86.
The NYSE Arca Oil Index, previously AMEX Oil Index, ticker symbol XOI, is a price-weighted index of the leading companies involved in the exploration, production, and development of petroleum. It measures the performance of the oil industry through changes in the sum of the prices of component stocks.
United States Commodity Funds LLC is an issuer of exchange traded commodity products (ETPs). It was founded in 2005 in Alameda, CA. The first fund it launched, in 2006, was United States Oil Fund, LP.
Over the past year, the price of Brent Crude, a key global oil benchmark, has been as low as $70.31 and as high as $93.12. Over the past three years, the swing from peak to trough was even greater ...
Oil prices surged on Monday, pushing the Dow higher and presenting investors with a new wrinkle to start the second quarter after a first-quarter rally kickstarted markets in 2023.. When the ...