United States Oil Fund

NYSE ARCA: USO
$78.78
-$0.13 (-0.2%)
Closing price April 18, 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.
The U.S. commercial crude oil inventory rose by an unexpected 1.2 million barrels last week sending Thursday's crude price into a skid.
U.S. crude oil stockpiles fell by nearly 10 million barrels last week, significantly more than analysts' projected, and the price of crude jumped to more than $72 a barrel.
U.S. crude oil inventories fell more than expected but production of gasoline and distillates more than offset the drop. Exports of both crude and refined products rose sharply in the week as well.
U.S. petroleum inventories unexpectedly fell last week according to the lates Energy Information Administration report. Prices rose somewhat but have pulled back to just 10 cents above last night's...
The U.S. crude oil inventory rose last week by an unexpectedly large 2.2 million barrels. Gasoline and distillate inventories also posted larger-than-forecast increases. Crude oil prices slipped...
A larger-than-expected decrease to U.S. crude oil stockpiles moderated the drop in crude prices following Thursday's report from the U.S. Energy Information Administration.
The U.S. crude oil stockpile unexpectedly jumped by nearly 6 million barrels last week. That has put downward pressure on prices.
The EIA reports that U.S. crude oil inventories fell by 1.4 million barrels last week and gasoline stockpiles fell by 3.8 million barrels. But production and exports continue rising, offsetting the...
U.S. crude oil inventories fell by more than 2 million barrels last week, considerably more than expectations. Prices have jumped more than 3%, largely due to the U.S. withdrawal from the nuclear...
U.S. crude oil stockpiles rose by more than 6 million barrels last week and gasoline stocks rose by more than 1 million likely due to lower export levels of both crude and refined products.
U.S. crude oil inventories dropped more than expected last week, but the biggest changes came in how much crude and refined products were exported.
U.S. petroleum inventories fell by modest amounts last week but the declines pushed crude oil prices to a high of more than $68 a barrel, a price last seen in late 2014.
The U.S. commercial crude oil inventory rose by a surprising 3.3 million barrels last week, but after a quick dip in the price, futures rose sharply again.
Crude oil prices cut their losses slightly following the inventory report from the U.S. Energy Information Administration. Investors and traders are grappling with tariffs today, and petroleum...
The U.S. commercial crude oil inventory rose by more than 1 million barrels last week, but stockpiles of gasoline and diesel fuel dropped.