United States Oil Fund LP (USO)
| Assets | $1.28B |
| Expense Ratio | 0.60% |
| PE Ratio | 23.13 |
| Shares Out | 17.32M |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | +22.66% |
| Volume | 1,674,953 |
| Open | 76.31 |
| Previous Close | 75.98 |
| Day's Range | 75.69 - 76.52 |
| 52-Week Low | 60.87 |
| 52-Week High | 83.41 |
| Beta | 0.04 |
| 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
Offshore oil driller Noble will get 'ever pickier' on M&A after Diamond deal, CEO says
Oil driller Noble Corp (NE) is set to acquire Diamond Offshore Drilling (DO) in a stock-plus-cash deal valued at $1.6 billion. Noble Corp. CEO and President Robert Eifler sits down with the Market Dom...
OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand prediction
OPEC sees oil demand growing by 25 million barrels per day in the developing world through 2045, with China and India alone contributing 10 million bpd. OPEC Secretary General Haitham Al Ghais called ...
OPEC sees no peak oil demand long term, secretary general says
OPEC does not see a peak in oil demand in its long-term forecast and expects demand to grow to 116 million barrels a day by 2045, and may be higher, the secretary general said on Thursday.
Russia's oil output exceeded OPEC+ quotas in May, pledges to meet obligations
Russia's energy ministry said on Thursday that its oil production in May exceeded quotas set by the OPEC+ group of major oil producing countries, while pledging to meet its obligations.
Crude Oil Price Forecast – Crude Oil Continues to Show Resilient Behavior
Crude oil continues to make a lot of noise at this point in time, and therefore it makes a lot of sense that people are trying to pick it back up, finding value in these drops. Whether or not that hol...
Oil prices fall after bearish increase in U.S. stockpiles, cautious Fed rate cut outlook
The advance in oil futures has taken a pause after new U.S. inventory data this week did not provide support, together with Wednesday's Federal Reserve meeting. Still, oil prices have gained about 3% ...
Rizk: IEA Report Will Not Impact Oil Market Short-Term
Zeina Rizk, Amwal Capital Partners Co-Head of Fixed Income says the IEA report is worrying but won't impact oil markets in the short term. She also discusses GCC fixed income, including Turkey and Egy...
Oil slips on US growth worries, ample crude supply
Oil prices fell in early trade on Wednesday as investors digested news that the U.S. Federal Reserve has opted against cutting interest rates in the near future, while ample U.S. crude and fuel stocks...
IEA warns of 8M barrel per day oil surplus by 2030
The International Energy Agency (IEA) has raised concerns about a potential oversupply in the global oil market, warning that a surge in US-led production could outstrip demand by a staggering 8 milli...
Crude Oil Price Forecast – Crude Oil Continues to Recover
The crude oil market rallied in the early hours on Wednesday, as the market continues to look for momentum to the upside. This is a market that continues to see a lot of noise, but we have been overso...
U.S. crude oil extends gains, trades above $78 as Department of Energy sees supply deficit
The Department of Energy raised its global oil demand forecast and sees a supply deficit this year. OPEC maintained robust oil demand and economic growth forecasts.
Oil prices rise after industry data shows fall in U.S. crude, gasoline inventories
Oil futures rose Wednesday as investors sifted through a raft of updated forecasts and awaited official data on U.S. inventories after industry figures showed a decline last week in crude stocks.
Oil's last ‘hurrah' is coming. Here's the commodity investors should be buying instead, says Citi
Those events “could determine the global market mood for the rest of the month, and a good part of summer,” observes Ipek Ozkardeskaya, senior analyst at Swissquote Bank.
Oil demand set to peak by 2029, major supply glut looms, IEA says
Global oil demand will peak by 2029 and begin to contract the next year, the International Energy Agency said on Wednesday, while oil supply capacity is due to vastly outpace demand by the end of the ...
Big Oil given stark warning as peak crude and a major supply surplus expected by 2030
In its latest medium-term market report, titled Oil 2024, the IEA said oil demand growth was on track to slow down before reaching its peak near 106 million barrels per day by 2030. At the same time, ...