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Oil Wrap: USO Jumps 1.33% as Petrobras and YPF Gain, Ecopetrol Slips
The USO oil fund rose 1.33% to US$129.17 on Friday. Petrobras gained 1.46% and YPF 0.75%, while Ecopetrol fell 1.58% - the only regional decliner.
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Oil Wrap: WTI Falls 1.42% While Petrobras, YPF Rally
The USO crude fund fell 1.42% to US$127.48 on a firmer dollar, yet Petrobras, Ecopetrol, and YPF advanced. A Latin America oil markets read for foreign investor
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Oil Wrap: USO Hits US$129.17, Petrobras Rises, Ecopetrol Falls
WTI proxy USO closed at US$129.17, up 1.33%. Petrobras gained 1.46% on pre-salt strength, YPF rose 0.75% on Vaca Muerta, while Ecopetrol bucked the trend, dropp
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Oil Wrap: USO Jumps 1.33% as Petrobras and YPF Gain, Ecopetrol Slips
The USO oil fund rose 1.33% to US$129.17 on Friday. Petrobras gained 1.46% and YPF 0.75%, while Ecopetrol fell 1.58% - the only regional decliner.
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Latin America Oil Wrap: USO Plunges 5.46% to US$122.12
Oil-focused equities fell across the Americas as the USO-tracking WTI proxy dropped 5.46% to US$122.12. YPF led the slide, down 2.82%, with energy names.
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Oil Slide Hits Petrobras, YPF and Ecopetrol Hard
A global crude sell-off hit Latin American oil equities on Tuesday, with USO tracking WTI down 5.19%. Brazil's Petrobras, Argentina's YPF and Colombia's Ecope