United States Oil Fund (USO)

For those that told you that tariffs would add to inflation, they are finding out the reality may be exactly the opposite.

President Donald Trump on Wednesday announced a slew of tougher-than-anticipated tariffs, but there are some notable exemptions to the steep levies. Here's a look at which products and sectors are excluded from the reciprocal tariffs:

West Texas Intermediate (WTI) US Crude Oil prices extend the previous day's retracement slide from the $72.00 neighborhood, or the highest level since February 21, and attract heavy follow-through selling during the Asian session on Thursday.

In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, April 2.

Economists can debate the benefits and the pitfalls of tariffs and trade wars; however, historically, tariffs have not resulted in inflation.

In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, April 1.

U.S. oil demand is surging, hitting 20.736 million barrels a day which is up a whopping 5.9% a year ago.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $71.35 during the early Asian session on Tuesday.

Oil prices rose yesterday as the US threatened secondary tariffs on Russian and Iranian oil.

What started as a textbook red screen risk-off session turned into a classic short covering late-day rescue, but don’t be fooled—the macro minefield ahead remains firmly intact.

Oil enters strongest month with 3% rally on final day of March, as geopolitical risks and seasonal trends suggest further upside potential.

In this video recap of Friday's trading, we discuss the recent drop in the market. Will it continue moving south, or is another upswing on the horizon?

The euro witnessed a slightly positive week against the Japanese yen, which is a bit perplexing due to the fact that risk appetite was eviscerated yet again. I think the JPY160 level will continue to be important, and it may even offer support.

A look at a one month chart shows WTI Crude Oil is within the higher elements of its price range.

After 3 weeks of staying net long, hedge funds once again switched back to net short e-mini S&P500 futures.

Analyzing the recent market correction as key technical levels break down.

The facts remain that US Working Crude Inventory has remained close to the trend from 2003.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.70 during the early Asian session on Friday.

If you are looking for more evidence that tariffs are not inflationary you only have to look at the oil market.