(USO) United States Oil Fund - NYSE
ETF Category: Commodities Focused | Exchange: NYSE (USA) | Market Cap: 1.936m USD | Total Return: 39.6% in 12m
Avg Turnover: 897M
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The United States Oil Fund LP (USO) is an exchange-traded security designed to track the daily price movements of light, sweet crude oil. It achieves this exposure by investing primarily in listed futures contracts for crude oil, though it may also hold positions in diesel-heating oil, gasoline, and natural gas.
As a commodities-focused fund, USO operates within the energy sector, where returns are heavily influenced by the roll yield generated when expiring futures contracts are replaced with new ones. This structure means the funds performance may diverge from the spot price of oil due to market conditions known as contango or backwardation. Investors can find deeper insights into these commodity price drivers on ValueRay.
Since its inception in 2006, the fund has served as a liquid instrument for investors seeking direct exposure to energy markets without managing physical barrels. It is currently classified as a small-cap ETF with a market capitalization of approximately $1,788M USD.
- WTI crude oil spot price fluctuations drive net asset value
- Contango and backwardation in futures markets impact roll yield
- Geopolitical instability in Middle East affects global supply expectations
- Global macroeconomic demand shifts influence crude oil consumption trends
As of June 20, 2026, the stock is trading at USD 114.87 with a total of 5,560,100 shares traded.
Over the past week, the price has changed by -10.84%,
over one month by -23.06%,
over three months by -5.59% and
over the past year by +39.63%.
United States Oil Fund has no consensus analysts rating.