United States Oil Fund (NYSEARCA:USO) Shares Gap Up – Here’s Why

United States Oil Fund LP (NYSEARCA:USO)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $110.56, but opened at $115.23. United States Oil Fund shares last traded at $114.25, with a volume of 9,850,276 shares trading hands.

Key Headlines Impacting United States Oil Fund

Here are the key news stories impacting United States Oil Fund this week:

• Positive Sentiment: Escalating U.S.-Israel-Iran developments are pushing a geopolitical risk premium back into crude prices, which supports USO’s rise. Oil Prices Are Rising Tuesday: What’s Happening?
• Positive Sentiment: Markets are pricing renewed supply fears after Iran denied talks with the U.S., lifting Brent above $100 and supporting oil-linked ETFs like USO. Oil rises as markets assess supply risks after Iran denies US talks
• Positive Sentiment: Russia shelved plans to lower its oil-price threshold for a reserve fund, signaling recent price strength — a bullish backdrop for oil ETFs. Russia shelves plan to cut oil price budget rule this year
• Neutral Sentiment: Exchange data show roughly $500–580M of oil bets hit the market minutes before President Trump’s announcement that shifted Iran-related risk perceptions — this explains today’s surge in trading volumes but the market impact is ambiguous. Traders bet $500 million on oil price just before Trump’s post
• Neutral Sentiment: USO released audited 2025 results amid ongoing legal uncertainty — relevant for holders but not the main driver of today’s oil-price-led move. USO Reports 2025 Audited Results Amid Legal Uncertainty
• Negative Sentiment: India’s Reliance bought 5 million barrels of Iranian crude after a temporary U.S. waiver — an incremental supply source that could dampen price gains and pressure USO. India’s Reliance buys 5 million barrels of Iranian oil after US waiver
• Negative Sentiment: Governments (Japan, IEA consultations) are preparing or discussing releases from strategic stockpiles to blunt a supply shock — such coordination tends to cap price spikes and is a headwind for USO. Japan to start releasing oil from joint stockpiles by end-March, PM says IEA consulting with governments on further oil stock releases

United States Oil Fund Stock Performance

The stock has a fifty day moving average of $86.79 and a 200-day moving average of $76.69. The company has a market cap of $1.53 billion, a PE ratio of 19.22 and a beta of 0.40.

Institutional Investors Weigh In On United States Oil Fund

Several large investors have recently added to or reduced their stakes in USO. Activest Wealth Management bought a new position in United States Oil Fund in the 3rd quarter worth about $28,000. Raymond James Financial Inc. purchased a new stake in shares of United States Oil Fund in the second quarter valued at approximately $38,000. Financial Consulate Inc. purchased a new stake in shares of United States Oil Fund in the third quarter valued at approximately $42,000. PNC Financial Services Group Inc. bought a new position in United States Oil Fund in the fourth quarter worth approximately $48,000. Finally, Advisory Services Network LLC bought a new position in United States Oil Fund in the third quarter worth approximately $57,000. 67.47% of the stock is owned by hedge funds and other institutional investors.

United States Oil Fund Company Profile

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.