United States Oil Fund Drops Over 5%
The United States Oil Fund (USO) saw a market move, closing at $142.92, a decrease of 6.56%. The price for Crude Oil Jul 26 (CL=F) was $98.01. Subsequent market readings showed USO at $144.00 (-5.86%) and CL=F at $98.16 (-5.75%). These declines represent a continuation of recent market movements. USO fell by 5.87% to $143.97, while CL=F dropped by 5.85% to $98.06. This trend continued with USO at $143.96 (-5.89%) and CL=F at $98.03 (-5.88%). Both experienced market moves. Crude Oil Jul 26 futures (CL=F) also fell to $98.26, a 5.66% decrease, extending previous losses. The United States Oil Fund also experienced a sharp decline, closing at $143.91, a 5.92% drop. Crude oil prices saw a decline, with the United States Oil Fund (USO) falling 6.17% and July Crude Oil futures (CL=F) dropping 5.91%. The USO is currently priced at $143.52, and CL=F is at $97.99.
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