United States Oil Fund LP (NYSEARCA:USO – Get Free Report)’s share price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $119.01 and traded as high as $136.63. United States Oil Fund shares last traded at $133.95, with a volume of 12,449,520 shares changing hands.
More United States Oil Fund News
Here are the key news stories impacting United States Oil Fund this week:
- Positive Sentiment: Tighter physical supply backstop that supports higher oil prices: U.S. commercial crude, gasoline and distillate inventories fell in recent EIA/WSJ/Reuters reports, reducing buffer stocks and supporting the oil price backdrop. Article Title Article Title
- Positive Sentiment: Longer-lasting supply disruption risk: analysts and pieces note that even with a ceasefire, resuming Middle East shipments and refinery flows will take weeks, keeping inventories tight into the summer. This structural risk supports the case for elevated oil and hence USO. Article Title
- Neutral Sentiment: ETF performance context: USO (and rival BNO) have delivered outsized gains in 2026, attracting attention as oil surged above $100; that performance can both support flows and invite profit-taking. Article Title
- Negative Sentiment: Peace-talk headlines and U.S. policy moves cut the geopolitical risk premium: President Trump’s comments about “great progress” toward a U.S.–Iran agreement and the decision to pause a Hormuz escort effort triggered risk-off in oil, prompting prices to fall and dragging USO down. Article Title Article Title
- Negative Sentiment: Short-term price volatility from shifting headlines: several market reports show oil plunged on early peace signs and then rebounded later, indicating headline-driven swings that can produce sharp intra-day moves in USO. Article Title Article Title
United States Oil Fund Trading Down 7.1%
The firm has a market capitalization of $1.81 billion, a price-to-earnings ratio of 19.22 and a beta of 0.01. The firm’s 50-day moving average is $119.01 and its 200 day moving average is $88.65.
Institutional Trading of United States Oil Fund
About United States Oil Fund
United States Oil Fund, LP (USO) is a commodity pool that issues limited partnership interests (shares) traded on the NYSE Arca, Inc (the NYSE Arca). The investment objective of USO is for the daily changes in percentage terms of its shares’ per share net asset value (NAV) to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the price of the futures contract for light, sweet crude oil traded on the New York Mercantile Exchange, that is the near month contract to expire, except when the near month contract is within over two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire, less USO’s expenses.
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