Norway’s oil fund sells Caterpillar stake over Israeli allegations
Divestment marks first time fund has sold out of a non-Israeli company because of role in Palestinian territories
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USO: The Ins And Outs Of Popular Oil ETF (NYSEARCA:USO) | Seeking Alpha
Sep. 03, 2025 4:44 PM ETUnited States Oil Fund, LP ETF (USO)USO The United States Oil Fund, LP ETF offers exposure to short-term WTI oil futures, making it a tactical tool for short-term trades or portfolio diversification.The United States Oil Fund, LP ETF (NYSEARCA:USO) is covered in today's article, where we run through the fund's key concepts and nuances.Discover how the USO ETF provides tactical WTI oil exposure, key risks, and strategic insights for short-term traders.However, our Seeking Alpha readers can expect a cross-asset blend, extending to analysis of equity REITs, Investment Funds, and Banks.Kindly note that our published content is dispensed as Independent Analysis and Doesn't Constitute Financial Advice.
Norwegian Oil Fund Overtakes GPIF to Become World’s Largest Asset Owner | Hart Energy
Norway’s Government Pension Fund Global ended Japan’s Government Pension Investment Fund more than 20-year reign as the world’s largest asset owner. Oil and Gas Investor · E&P · Events · Data · Newsletters · Video · Login Subscribe · Login Subscribe · Shale · Transactions · Exploration & Production · Midstream · Markets · Business · Technology · Policy & Regulation · New Energies · Investment · International · Norway’s Government Pension Fund Global ended Japan’s Government Pension Investment Fund more than 20-year reign as the world’s largest asset owner.Pension fund PFZW, Zeist, Netherlands, dropped to 14th from 11th, reporting $268 billion in assets. Melbourne-based AustralianSuper ($212 billion) and Tallahassee-based Florida State Board of Administration ($223 billion), switched places with AustralianSuper moving down to 17th.This era is reminiscent of past periods when significant technological advancements led to substantial growth and investment opportunities,” AustralianSuper said in its annual report. AustralianSuper is Australia’s largest superannuation fund (and the 17th largest asset owner globally) with $212 billion in assets.In August, Paula Benson, chief strategy officer at AustralianSuper, laid out the fund’s intentions to transform into a service organization, increasing focus on what participants need from their super fund and how best to deliver it.
Government Pension Fund of Norway - Wikipedia
The Government Pension Fund Norway is smaller and was established in 1967 as a type of national insurance fund. It is managed separately from the Oil Fund and is limited to domestic and Nordic investments and is therefore a key stock holder in many large Norwegian companies, predominantly via ... The Government Pension Fund Norway is smaller and was established in 1967 as a type of national insurance fund. It is managed separately from the Oil Fund and is limited to domestic and Nordic investments and is therefore a key stock holder in many large Norwegian companies, predominantly via the Oslo Stock Exchange.The Government Pension Fund Global (Norwegian: Statens pensjonsfond Utland, SPU) is a fund into which the surplus wealth produced by Norwegian petroleum income is deposited. Its name changed in January 2006 from the Petroleum Fund of Norway. The fund is commonly referred to as the Oil Fund (Oljefondet).The purpose of the fund is to invest parts of the large surplus generated by the Norwegian petroleum sector, mainly from taxes of companies but also payment for licenses to explore for oil as well as the State's Direct Financial Interest and dividends from the partly state-owned Equinor.Current revenue from the petroleum sector is estimated to be at its peak period and to decline in the future decades. The Petroleum Fund was established in 1990 after a decision by the country's legislature to counter the effects of the forthcoming decline in income and to smooth out the disruptive effects of highly fluctuating oil prices.As of November 2024, the fund's value was over 19 trillion Kroner, according to its official website. Norway has experienced economic surpluses since the development of its hydrocarbon resources in the 70s. This reality, coupled with the desire to mitigate volatility stemming from fluctuating oil prices, motivated the creation of Norway's Oil Fund, now the Government Pension Fund-Global (GPF-G).
Norway's oil fund buys New York skyscraper amid backlash over Caterpillar exclusion
The investment comes as Republican Senator Lindsey Graham lobbies the White House to restrict US visas for the world’s largest sovereign wealth fund’s executives. Norway’s giant oil fund has agreed to pay USD 542.6m to acquire a 95% interest in an iconic New York City office property, just as it comes into the political crosshairs of Republicans in Washington.
Formue warns against political interference in the Oil Fund
Formue’s CIO, Pål Ringholm, believes that restrictions on Norways Oil Fund could harm the Norwegian pension industry and weaken the country’s international reputation. Formue’s CIO, Pål Ringholm, believes that restrictions on Norway’s Oil Fund could harm the Norwegian pension industry and weaken the country’s international reputation.Pål Ringholm, chief investment officer at Formue, warns against increased political control of investments by Norges Bank Investment Management (NBIM), which manages the Government Pension Fund Global, also known as the Oil Fund.
Saudi Arabia PIF Wealth Fund to Sell Dollar Bonds Amid Oil Price Shock - Bloomberg
Saudi Arabia’s sovereign wealth fund sold $2 billion of 10-year dollar bonds to help finance investment plans, adding to a recent wave of Saudi issuance from entities including local banks and the sovereign. The Public Investment Fund’s deal was priced 95 basis points over US Treasuries, compared with initial price talk of around 120 basis points, according to a person familiar with the matter who asked not to be identified.
The fund | Norges Bank Investment Management
The purpose of the fund is to safeguard and build financial wealth for current and future generations based on revenue from Norway's oil and gas resources. The fund's future value depends on sustainable growth, well-functioning markets and value creation at the companies we own. As we own a small slice of most of the world's largest companies, we have the ability to influence how they operate. We aim to promote long-term value creation at the companies and minimise negative effects on the environment and society. ... The idea of a Norwegian oil fund was conceived in the 1960s when the government claimed sovereignty over the Norwegian continental shelf.The aim of the fund is to ensure a long-term management of revenue from Norway’s oil and gas resources, so that this wealth benefits both current and future generations.The Government Pension Fund Global is one of the world's largest funds. Investments are spread across most markets, countries and currencies to achieve broad exposure to global growth and value creation while ensuring good risk diversification.The fund’s formal name is the Government Pension Fund Global.
Norway oil fund sells out of a fifth of Israeli firms amid fierce criticism
Opposition politicians and activists call on $2tn fund to review the 50 Israeli companies still in its portfolio
USO | United States Oil Fund | The Original Oil ETF
The United States Oil Fund’s (USO) investment objective is for the daily changes, in percentage terms, of its shares’ net asset value (NAV) to reflect the daily changes, in percentage terms, of the spot price of light sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily ... The United States Oil Fund’s (USO) investment objective is for the daily changes, in percentage terms, of its shares’ net asset value (NAV) to reflect the daily changes, in percentage terms, of the spot price of light sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the Benchmark Oil Futures Contract.Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated. ... USO’s investment objective is for the daily changes, in percentage terms, of its shares’ NAV to reflect the daily changes, in percentage terms, of the spot price of light sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the Benchmark Futures Contract, plus interest earned on USO's collateral holdings, less USO's expenses.This is measured by subtracting the return of the Benchmark Oil Futures Contract from the return on USO’s net asset value for each of the last thirty business days, and then averaging those thirty differences. The calculation is repeated daily. The performance data quoted above represents past performance. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Investment return and value of the Fund shares will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost.For further discussion of these and additional risks associated with an investment in the Funds please read the respective Fund Prospectus before investing. INVESTING IN USO INVOLVES RISKS SIMILAR TO THOSE INVOLVED WITH AN INVESTMENT DIRECTLY IN THE OIL FUTURES MARKETS, BUT IT IS NOT A PROXY FOR TRADING DIRECTLY IN THE OIL MARKETS AND THESE RISKS ARE REAL.
Saudi Arabia’s $1 Trillion Wealth Fund to Unveil New Investment Strategy | OilPrice.com
Saudi Arabia's Public Investment Fund will unveil a new long-term investment strategy by the end of the year to diversify the Kingdom's economy from oil and increase returns. The Public Investment Fund (PIF), Saudi Arabia’s $1-trillion sovereign wealth fund, will unveil by the end of the year its new long-term strategy on how it would support the Kingdom’s economy and diversified it from oil, and increase returns on investments, the fund’s governor has said.About 80% of the fund’s investments are in Saudi Arabia, including in the so-called Giga-Projects designed to boost the domestic economy. These projects include the smart city of the future, Neom, and the world’s most ambitious regenerative tourism project, Red Sea Global. · However, the strategy may need tweaks and shifts as lower oil prices this year have strained the budget and oil income of the world’s biggest crude oil exporter.Last month, reports emerged that PIF had written down $8 billion from the value of the Saudi megaprojects over the past year as they struggle to move forward amid budget overruns combined with weaker oil prices.
United States Oil Fund - Wikipedia
The United States Oil Fund is an exchange-traded fund (ETF) that attempts to track the price of West Texas Intermediate (WTI) Light Sweet Crude Oil. It is distinguished from an exchange-traded note (ETN) since it represents an ownership claim on underlying securities that the fund has packaged. The United States Oil Fund was founded on April 10, 2006, by Victoria Bay Asset Management, now known as United States Commodity Funds, and the American Stock Exchange. The fund opened on its first day of trading at $68.25 per share.USO's investment objective is to include the changes in percentage terms of its units' net asset value (NAV) in its evaluation of the changes in percentage terms of the spot price of light, sweet crude oil as measured by its price on the New York Mercantile Exchange (NYMEX). Its performance is determined by the price of oil through its oil futures contracts.
Invesco | Product Detail | Invesco DB Oil Fund
Important tax distribution information for Invesco DB commodity and currency fund investors. ... The Invesco DB Oil (Fund) seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Crude Oil Index Excess Return™ (DBIQ Opt Yield Crude Oil Index ER or Index) ... Important tax distribution information for Invesco DB commodity and currency fund investors. ... The Invesco DB Oil (Fund) seeks to track changes, whether positive or negative, in the level of the DBIQ Optimum Yield Crude Oil Index Excess Return™ (DBIQ Opt Yield Crude Oil Index ER or Index) plus the interest income from the Fund's holdings of primarily US Treasury securities and money market income less the Fund's expenses.The Fund is designed for investors who want a cost-effective and convenient way to invest in commodity futures. The Index is a rules-based index composed of futures contracts on light sweet crude oil (WTI). You cannot invest directly in the Index.Because the Fund collateralizes its futures positions primarily with US Treasuries, money market funds and TBill ETFs, the results of the DBIQ Optimum Yield Crude Oil Index Total ReturnTM (DBIQ Optimum Yield Crude Oil Index TR) (Symbol: DBCMOCLT) are also displayed.The Fund may experience significant losses as a result of global economic shocks. Specifically, oil experienced shocks to supply and demand, impacting the price and volatility of oil may have an adverse effect on the Fund.
USL | United States 12 Month Oil Fund | Oil ETF
The USL ETF is designed to track the daily price movements of West Texas Intermediate light, sweet crude oil. The benchmark is the WTI crude oil near month futures contract and the WTI crude oil futures contracts for the following 11 months, for a total of 12 consecutive months. USL invests primarily in crude oil futures contracts, and to a lesser extent, in order to comply with regulatory requirements, risk mitigation measures (including those that may be taken by USL, USL's futures commission merchants, counterparties or other market participants), liquidity requirements, or in view of market conditions, other oil-related futures contracts, forwards and swap contracts. These investments will be collateralized by cash, cash equivalents, and US government obligations with remaining maturities of two years or less. ... Historical NAV Performance download is not available at this time. The performance data quoted above represents past performance. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. Investment return and value of the Fund shares will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost.For further discussion of these and additional risks associated with an investment in the Funds please read the respective Fund Prospectus before investing. INVESTING IN USO INVOLVES RISKS SIMILAR TO THOSE INVOLVED WITH AN INVESTMENT DIRECTLY IN THE OIL FUTURES MARKETS, BUT IT IS NOT A PROXY FOR TRADING DIRECTLY IN THE OIL MARKETS AND THESE RISKS ARE REAL.Recent and unprecedented volatility in the crude oil markets in 2020 demonstrates that these risks are real. An investor should consider carefully the risks described below before making an investment decision. See the section of the USO prospectus titled “Risk Factors Involved with an Investment in USO.” Certain of these risk factors are summarized in the Disclosures section of this website. ... We advise you to consider a fund's objectives, strategies, risks, charges and expenses carefully before investing.Other Commodity Strategies USE | USCF Energy Commodity Strategy Absolute Return Fund USG | USCF Gold Strategy Plus Income Fund · Single Commodity BNO | United States Brent Oil Fund CPER | United States Copper Index Fund UGA | United States Gasoline Fund UNG | United States Natural Gas Fund UNL | United States 12 Month Natural Gas Fund USL | United States 12 Month Oil Fund USO | United States Oil Fund
Is Norway too rich for its own good?
Value for money has become a key campaign issue as voters go to the polls
In Trump's market, oil and gas stocks have not been the big energy winners
But this year, even as Exxon Mobil, ... head of fund sales and strategy at SS&C ALPS Advisors. He pointed to year-to-date outflows among investors in XLE of roughly $7 billion, the largest and most liquid energy market ETF. Some of that may be related to fears that the global economy will slump as a result of President Trump's trade war, and as oil prices remain ... But this year, even as Exxon Mobil, Chevron, and energy stocks as a category have produced positive returns, they have not been the big winners for investors playing the energy theme of the future, according to Paul Baiocchi, head of fund sales and strategy at SS&C ALPS Advisors. He pointed to year-to-date outflows among investors in XLE of roughly $7 billion, the largest and most liquid energy market ETF. Some of that may be related to fears that the global economy will slump as a result of President Trump's trade war, and as oil prices remain under pressure, the shares of oil and gas stocks will face greater headwinds.Utilities stocks have been a better bet than oil and gas stocks, even as the Trump administration promotes a fossil-fuel centered energy policy.The Utilities Select Sector SPDR (XLU) has tripled the return generated by the Energy Select Sector SPDR (XLE) this year. Meanwhile, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) has declined by roughly 3%.The traditional approach to investing in the energy sector going back decades has often come down to making sure a portfolio has exposure to the "majors" — integrated oil and gas stocks like Exxon Mobil and Chevron, which have also paid reliable dividends.
Saudi Wealth Fund Slashes $8 Billion in Megaproject Values Amid Oil Price Woes | OilPrice.com
Saudi Arabia’s sovereign wealth fund has written down $8 billion in megaproject valuations, including Neom, as budget overruns and weaker oil prices force project reassessments. Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. ... The Saudi Private Investment Fund has written down $8 billion from the value of the Saudi state’s megaprojects over the past year as they struggle to move forward amid budget overruns combined with weaker oil prices.U.S. Department of Energy Pledges $1 Billion in Critical Mineral Funds · Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry.“A sharper and sustained fall in the oil price would require a deeper retrenchment in government spending to contain the size of the shortfall and the building in government debt,” Monica Malik, the chief economist of Abu Dhabi Commercial Bank, told the Financial Times at the time. “There would also likely be some further adjustment and recalibration to the off-budget investment plans,” she added. ... U.S. Department of Energy Pledges $1 Billion in Critical Mineral FundsBrazil’s Oil Giant Sacrifices Payouts to Fund $111 Billion Expansion
Norwegian Oil Fund Overtakes GPIF to Become World’s Largest Asset Owner | Hart Energy
Norway’s Government Pension Fund Global ended Japan’s Government Pension Investment Fund more than 20-year reign as the world’s largest asset owner. Oil and Gas Investor · E&P · Events · Data · Newsletters · Video · Login Subscribe · Login Subscribe · Shale · Transactions · Exploration & Production · Midstream · Markets · Business · Technology · Policy & Regulation · New Energies · Investment · International · Norway’s Government Pension Fund Global ended Japan’s Government Pension Investment Fund more than 20-year reign as the world’s largest asset owner.Pension fund PFZW, Zeist, Netherlands, dropped to 14th from 11th, reporting $268 billion in assets. Melbourne-based AustralianSuper ($212 billion) and Tallahassee-based Florida State Board of Administration ($223 billion), switched places with AustralianSuper moving down to 17th.This era is reminiscent of past periods when significant technological advancements led to substantial growth and investment opportunities,” AustralianSuper said in its annual report. AustralianSuper is Australia’s largest superannuation fund (and the 17th largest asset owner globally) with $212 billion in assets.In August, Paula Benson, chief strategy officer at AustralianSuper, laid out the fund’s intentions to transform into a service organization, increasing focus on what participants need from their super fund and how best to deliver it.
United States Oil Fund, LP (USO) Stock Price, News, Quote & History - Yahoo Finance
Find the latest United States Oil Fund, LP (USO) stock quote, history, news and other vital information to help you with your stock trading and investing. IEO iShares U.S. Oil & Gas Exploration & Production ETF ... IYG iShares U.S. Financial Services ETF ... IAI iShares U.S. Broker-Dealers & Securities Exchanges ETF ... DUSA Davis Select U.S. Equity ETF ... IYF iShares U.S. Financials ETF ... UDIV Franklin U.S. Core Dividend Tilt Index ETF ... DLN WisdomTree U.S. LargeCap Dividend FundUSO invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels.
Norway's oil riches: A blessing or a burden?- The Week
With a per capita GDP of Rs87 lakh ($100,000), Norway is richer than the US, China, Japan, Britain, France and other developed nations. Besides, in theory, the per capita share in its booming $2 trillion oil fund, the world’s largest sovereign wealth fund, is an additional Rs3 crore. Norway's economic paradox is explored – how its immense oil wealth has led to unexpected challenges like stagnant wages and complacencyNorwegians prioritise health, happiness and free time for leisure activities. Holte argues that even before the oil revenue, Norwegians enjoyed a good quality of life. But now oil wealth makes the state spend unwisely, he says.