United States Oil Fund

NYSE ARCA: USO
$78.85
+$0.07 (+0.1%)
Closing price April 19, 2024
The United States Oil Fund (USO) is an exchange-traded fund that focuses on investing in the oil market, primarily through derivatives like futures contracts. It aims to mirror the daily movements of the price of light, sweet crude oil, but also invests in other oil types and petroleum-based fuels. Managed by United States Commodity Funds LLC, USO offers investors exposure to the oil commodity market without the need to directly invest in physical oil.
It appears that the regulators have decided to go after the United States Oil Fund, the so-called Oil ETF.
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Reported cuts in world crude oil production and encouraging words on the U.S.-China trade talks have overcome significant increases in U.S. petroleum inventories to keep prices about 2% above last...
The U.S. crude oil inventory added 1.3 million barrels last week according to the weekly report from the Energy Information Administration.
The U.S. crude oil inventory remained virtually unchanged week over week for the week ended on December 28. Crude prices have been rising on reports of fresh trade talks between the United States and...
The U.S. commercial crude oil inventory dropped by less than 1 million barrels last week while gasoline and diesel fuel supplies fell as well. The overall inventory drop was not enough to put a...
The U.S. commercial crude oil inventory dropped by more than 1 million barrels last week, a far smaller drop than reported Tuesday night by the American Petroleum Institute. The price of crude...
The U.S. crude oil stockpile dropped by more than 7 million barrels last week largely due to a big jump in crude oil exports.
The U.S. crude oil inventory posted it 10th consecutive weekly rise last week and prices, which had drifted lower Wednesday morning, first dipped lower then steadied.
The U.S. commercial crude oil inventory rose more than expected last week. Stockpiles of gasoline and diesel fuel dropped, and U.S. crude oil production remained at all-time highs.
The U.S. crude oil stockpile soared by more than 10 million barrels last week according to the latest official report. Inventories have now risen for eight consecutive weeks.
The U.S. commercial crude oil inventory rose by nearly 6 million barrels last week while gasoline inventories rose by nearly 2 million barrels. Falling prices will get no boost from this report.
The U.S. Energy Information Administration reported Wednesday that U.S. stockpiles of crude oil rose last week while gasoline and diesel fuel inventories declined. Crude production rose to more than...
The U.S. commercial crude oil inventory rose by 6.3 million barrels last, slightly less than the prior week's total. Refinery maintenance has lowered utilization to below 90% for the third straight...