United States Oil Fund LP (USO)
| Assets | $1.26B |
| Expense Ratio | 0.60% |
| PE Ratio | 22.64 |
| Shares Out | 16.82M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | +23.40% |
| Volume | 1,970,867 |
| Open | 75.63 |
| Previous Close | 75.53 |
| Day's Range | 74.33 - 75.84 |
| 52-Week Low | 60.02 |
| 52-Week High | 83.41 |
| Beta | n/a |
| Holdings | 9 |
| Inception Date | Apr 10, 2006 |
About USO
Fund Home PageThe United States Oil Fund LP (USO) is an exchange-traded fund that is based on the Front Month Light Sweet Crude Oil index. The fund holds predominantly short-term NYMEX futures contracts on WTI crude oil. USO was launched on Apr 10, 2006 and is issued by Marygold.
News
Oil giant Saudi Aramco begins massive share sale to raise around $12 billion
Books opened early Sunday morning offering a price range between 26.70 ($7.12) and 29 Saudi riyals per share. Aramco on Thursday announced its plan to sell 1.545 billion shares — a stake of around 0.6...
Paul Sankey talks how to play oil after worst month of 2024
Paul Sankey, Sankey Research president and lead analyst, joins 'Fast Money' to talk how to navigate oil and energy investing right now.
OPEC+ Gets Crumbs Of Comfort From 15% Uptick In India's Monthly Oil Demand
As crude oil trading in May reaches its conclusion and OPEC+, a select group of Russia-led oil producers and the Organization of the Petroleum Exporting Countries (OPEC) spearheaded by Saudi Arabia, c...
US oil producers maintain modest growth as OPEC+ eyes extended cuts
U.S. oil drillers are sticking to pledges to temper spending on boosting output, keeping the world's top crude producer on course for slower growth in 2024 in what may ease pressure on OPEC+ to make f...
Saudi Arabia invites OPEC+ ministers to Riyadh for June 2 meeting, sources say
Saudi Arabia has invited OPEC+ oil ministers to Riyadh to hold their June 2 policy meeting to discuss a complex deal that may extend deep oil production cuts into 2025, sources from the producer group...
Goldman Sachs: Oil demand will 'plateau,' not decline after peaking
Nikhil Bhandari, co-head of APAC natural resources and clean energy research at Goldman Sachs, discusses his outlook for oil demand and the implications for both upstream and downstream energy compani...
U.S. crude oil on pace for worst month of year ahead of weekend OPEC+ meeting
OPEC+ members on Sunday are expected to review voluntary output cuts of 2.2 million barrels per day. Oil market analysts generally agree that group will likely keep those cuts in place.
Oil prices steady as traders await OPEC+ decision on production cuts
Oil futures were little changed early Friday, but were on track for their first monthly declines of 2024 as traders fretted over gasoline demand and awaited a weekend decision on production cuts by th...
Oil price forecasts cut as supply risks trend lower
Analysts have lowered their 2024 oil price forecast for the first time since February, reflecting lower risks to supply from ongoing wars in the Middle East and Ukraine, a Reuters poll showed on Frida...
Oil giant Saudi Aramco offers a second stock tranche worth billions of dollars
Saudi Arabia said Friday it will sell a second sliver of stock in its state oil giant Aramco worth billions of dollars, its first tranche since its initial public offering back in 2019.
Oil alliance OPEC+ could extend production cuts this weekend as focus shifts away from Middle East tensions, sources say
The oil-producing Organization of the Petroleum Exporting Countries and its allies could extend existing output cuts this week, delegates and analysts tell CNBC, even as focus shifts from Middle East ...
Oil falls as Fed policymakers look to maintain rate cuts, gasoline stocks rise
Oil prices fell early on Friday as investors responded to comments from U.S. Fed officials who said it was too soon to start considering rate cuts, and following a surprise build in U.S. gasoline stoc...
OPEC+ working on complex oil cut extension deal for 2024-2025, sources say
OPEC+ is working on a complex deal to be agreed at its meeting on Sunday that will allow the group to extend some of its deep oil production cuts into 2025, three sources familiar with OPEC+ discussio...
OPEC+ discuss keeping voluntary oil cuts until year-end, sources say
OPEC+ members that are making 2.2 million barrels per day of voluntary oil output cuts are discussing extending them until the end of the year, three OPEC+ sources said ahead of the group's meeting on...
U.S. crude oil falls 3.2% in May, on pace for worst month of the year
U.S. crude oil is down 3.2% in May, its worst performance since December. Oil prices have traded in a tight range over the past month as inventories have stabilized, though soft economic data points t...
Oil prices sink as wider market selloff continues and traders await inventory data
Oil futures fell Thursday, feeling pressure as equities and other assets perceived as risky extended a selloff and traders awaited official data on U.S. inventories.
Atkinson on OPEC+ Supply Meeting
The oil market is likely to remain in a deficit this year if OPEC+ rolls over its voluntary output cuts, prolonging the constructive backdrop for prices. Demand growth has been modest amid soft indust...
Oil prices down on demand woes as markets await U.S crude stockpiles data
Oil prices were down on Thursday as the markets wait on the latest U.S. crude oil stockpiles data while resilient U.S. economic activity pointed to borrowing costs staying higher for longer in a poten...
Oil prices could turn volatile if OPEC+ fails to extend production cuts this weekend
Members of the Organization of the Petroleum Exporting Countries and their allies, together known as OPEC+, will hold a much-anticipated ministerial meeting via videoconference on June 2 — and the oil...
Oil storage rise supports case for keeping OPEC+ cuts, sources say
Rising global oil inventories through April due to soft fuel demand may strengthen the case for OPEC+ producers to keep supply cuts in place when they meet on June 2, OPEC+ delegates and analysts say.