EconomicUnited States·16 Oct 2026
US Oil Fund Rises 2.44% as Petrobras Shares Fall 2.47% on October 15
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On October 15, 2026, the USO oil fund rose 2.44% to US$157.31 as WTI crude traded near US$98 a barrel, a shift linked by Trading Economics to supply risks around the Strait of Hormuz. Despite the rise in crude prices, major oil producers saw their shares decline, including Exxon Mobil falling 1.32%, Chevron 1.23%, and Occidental 1.21%. Latin American…
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Rio Times
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