United States Oil Fund LP (USO)
| Assets | $960.43M |
| Expense Ratio | 0.60% |
| PE Ratio | 20.71 |
| Shares Out | 13.42M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | -14.40% |
| Volume | 874,651 |
| Open | 68.09 |
| Previous Close | 68.46 |
| Day's Range | 68.07 - 68.60 |
| 52-Week Low | 60.67 |
| 52-Week High | 84.58 |
| Beta | 0.06 |
| Holdings | 8 |
| 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 prices set for weekly loss on potential for more global supply
Oil prices edged higher on Friday but were on track for a weekly loss as a potential OPEC+ output increase and a possible ceasefire in the Russia-Ukraine war may raise supply at the same time conflict...
Crude Oil Price Outlook – Crude Continues to Build a Basing Pattern
The crude oil market is somewhat positive in the early hours of Thursday, as the market is trying to stabilize enough to turn things around again and threaten the resistance above. At this point, the ...
Oil steadies after 2% drop on potential OPEC+ output increase
Oil prices ticked up early on Thursday after falling nearly 2% in the previous session, with investors weighing a potential OPEC+ output increase against conflicting tariff signals from the White Hous...
OPEC+ to consider another accelerated oil output increase for June, sources say
Several OPEC+ members will suggest that the group accelerates oil output increases for a second consecutive month in June, three sources familiar with OPEC+ talks told Reuters.
Crude Oil Price Outlook – Crude Continues to See Ceiling Above as it Builds a Base
The crude oil market has been a bit negative in the early hours of Wednesday, as the market has been building a base for some time now. With this, it is likely that we will see noisy trading in the sh...
Weak oil prices, limited shale acreage to hit energy M&A in 2025, Enverus says
The U.S. upstream oil and gas M&A market is bracing for the most challenging conditions since the COVID-19 pandemic as oil prices slump and prime acreage dries up, analytics firm Enverus said on Wedne...
Oil price would have to drop significantly to dent Russia's military spend, analyst says
Sergey Vakulenko, senior fellow at Carnegie Russia Eurasia Center and former head of strategy at Gazprom Neft, discusses oil prices and the impact they have on Russia's military spending.
Exclusive: Kazakhstan says oil output levels decided by national interest, not OPEC+
Kazakhstan will prioritise national interests over those of the OPEC+ group when deciding on oil production levels, the country's newly appointed Energy Minister Erlan Akkenzhenov told Reuters, ratche...
Oil Prices May See Further Downward Pressure, IEA Says
International Energy Agency Executive Director Fatih Birol discusses the outlook for oil production and prices in light of current geopolitical uncertainties. "This year, we expect the oil demand to i...
India, Saudi Arabia Agree to Set Up Two Oil Refineries
India and Saudi Arabia agreed to deepen energy ties and pursue closer cooperation in areas like tourism and technology as the countries seek to strengthen relations amid ongoing trade uncertainties. A...
Oil rises 1% on Iran sanctions, drop in US crude stocks
Oil prices rose almost 1% in early trade on Wednesday, extending the prior day's gains as investors weighed a fresh round of sanctions on Iran, a drop in U.S. crude stocks and a softer tone from Donal...