United States Oil Fund

NYSE ARCA: USO
$80.39
-$0.05 (-0.1%)
Closing price April 26, 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.

Crude Oil Price Rises on Surprise Inventory Drop
The U.S. crude oil inventory dropped unexpectedly last week and combined with tensions over supplies from the Middle East, crude prices have pushed higher Wednesday.
Paul Ausick
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Crude Oil Price Cuts Loss Following Inventory Report
The U.S. commercial crude oil inventory rose slightly less than expected last week. Gasoline and diesel fuel inventories fell, likely due to a large increase in refined products exports.
Paul Ausick
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Crude Oil Price Slips on Big Hike in Supply
U.S. commercial crude oil inventories increased by 3 million barrels last week, about a third more than expected. Gasoline inventories also rose.
Paul Ausick
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Crude Oil Price Jumps on Bullish Inventory Report
U.S. commercial crude oil stockpiles unexpectedly dropped last week, pushing the price of crude higher following the EIA inventory report.
Paul Ausick
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Crude Oil Price Improves on Small Rise to Stockpiles, but Gasoline, Exports Weigh
The U.S. crude oil stockpile grew less than expected this week, but gasoline inventories rose more than expected and exports jumped by 500,000 barrels a day.
Paul Ausick
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Crude Oil Price Stumbles on Big Additions to Oil, Refined Products Stockpiles
The U.S. Energy Information Administration reported Wednesday that stockpiles of crude oil, gasoline, and distillates like diesel fuel and heating oil rose sharply last week.
Paul Ausick
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Crude Oil Price Bounces on Addition to Commercial Inventories
U.S. commercial crude oil inventories increased by more than 6 million barrels last week as production continues to rise, more than offsetting increases in exports of both crude oil and refined...
Paul Ausick
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Crude Oil Price Tops $65 on Storage Drawdown
Even though U.S. crude oil declined by a smaller-than-expected amount, prices rose to more than $65 a barrel for WTI.
Paul Ausick
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Crude Oil Price Turns Higher on Big Inventory Draw
The U.S. crude oil inventory dipped by nearly 7 million barrels last week, but gasoline inventories, crude oil production and both crude oil and refined product exports rose sharply.
Paul Ausick
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Crude Oil Price Dips as Petroleum Inventories Balance
U.S. commercial crude oil inventories dropped by nearly 5 million barrels last week, but gains in both gasoline and distillates nearly offset the drop.
Paul Ausick
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Crude Oil Price Steady as Gas, Diesel Stockpiles Soar
The U.S. crude oil stockpile fell again last week, but refineries were running at nearly 97% of capacity and stockpiles of gasoline, diesel, and heating oil soared.
Paul Ausick
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Crude Oil Price Barely Moves on Inventory Data
The U.S. crude oil inventory fell more than expected last week as did the gasoline stockpiles. But sharply colder weather over the next week is expected to reduce consumption and a North Sea pipeline...
Paul Ausick
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Crude Oil Price Mostly Steady as Exports Offset Inventory Declines
U.S. crude oil inventories fell by more than 6 million barrels last week while export levels of crude and refined products rose sharply.
Paul Ausick
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Crude Oil Price Slips on Large Rise in Gasoline Inventory
The U.S. Energy Information Administration reported a drop of more than 5 million barrels in the nation's crude oil stockpile. U.S. crude inventories have moved into the middle of the 5-year average...
Paul Ausick
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Crude Oil Price Slips Following Inventory Report
U.S. crude oil inventories dropped by 5.6 million barrels last week while gasoline inventories increased by 6.8 million barrels. Exports of both crude oil and refined products were also lower week...
Paul Ausick
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