United States Oil Fund LP (USO)
| Assets | $1.26B |
| Expense Ratio | 0.60% |
| PE Ratio | 21.79 |
| Shares Out | 17.12M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | +1.80% |
| Volume | 762,468 |
| Open | 73.13 |
| Previous Close | 72.02 |
| Day's Range | 72.66 - 73.15 |
| 52-Week Low | 63.84 |
| 52-Week High | 83.41 |
| Beta | 0.67 |
| 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
Crude Oil Price Outlook – Crude Oil Continues to See Bounce
The crude oil markets continue to see a bit of positivity, as the market has bounced from a low level, which has been the bottom of the last couple of years. With this, the markets continue to see a l...
Oil prices climb 2% on further escalation in Russia-Ukraine missile exchange
Oil prices were surging over 2% on Thursday morning after Ukraine claimed that Russia launched an intercontinental ballistic missile in what would be the first use in war of a weapon designed to deliv...
Georgia Broker-Dealer Learns Costly Lesson From FINRA On ETNs Vs. ETFs: A Discussion On ETF Construction And Effects On Risk And Taxes
A Georgia-based brokerage has settled allegations that it and its president developed and sold a trading strategy that they did not understand and that caused near-total losses for 350 clients. The pr...
Russia's Putin, Iraqi PM discuss OPEC+ coordination on oil price stability
Russian President Vladimir Putin held a phone call with Iraqi Prime Minister Mohammed Shia al-Sudani on Thursday during which they discussed the OPEC+ oil agreement and the situation in the Middle Eas...
Crude Oil Price Forecast – Crude Oil Continues to Bounce Around
The crude oil market has been back and forth for some time, as the markets are trying to sort out where to go next. At this point, this is a market that is trying to form a bit of a bottom, as the mar...
OPEC+ may stick with deep oil cuts for longer due to weak demand
OPEC+ will have little room to manoeuvre on oil policy when it meets in December: it would be risky to increase output because of weak demand, and difficult to deepen supply cuts because some members ...
Oil prices climb as Russia says it's ready to talk ceasefire in Ukraine
Crude-oil prices climbed on Wednesday, building on gains from earlier in the week as traders assessed fresh supply data while monitoring geopolitical developments on several fronts.
How can the new administration impact oil prices?
'The Claman Countdown' panelists Ankur Crawford and Daan Struyven analyze how investors should make their portfolio choices heading into 2025.
Brent Oil Futures Maintain $70 Floor As Outages Drive Prices Higher
Global oil futures benchmark Brent has largely held its price floor above $70 per barrel for much of November having threatened to breach it at one point and it looks set to stay there for now.
Crude oil little changed after rallying on escalating Ukraine-Russia tensions
President Joe Biden has authorized Ukraine to use long-range missiles to hit targets in Russia in a major departure from Washington's previous position. Russian President Vladimir Putin on Tuesday low...