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List of Flash News about oil ETF

Time Details
2025-06-22
17:14
USO Price Analysis: Five-Year Consolidation Signals Potential Breakout in Crude Oil ETF

According to Omkar Godbole (@godbole17), the United States Oil Fund (USO), which tracks light sweet crude oil prices, is concluding a five-year consolidation phase. Technical analysis suggests that this prolonged sideways movement could soon end with a significant breakout, potentially impacting energy-related equities and cryptocurrency sectors sensitive to commodity price shifts. Traders should monitor USO closely for breakout confirmation, as a sharp move in oil prices may influence risk appetite and liquidity flows in the crypto market. Source: Twitter/@godbole17.

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