United States Oil Fund LP (NYSEARCA:USO – Get Free Report) shares shot up 4.3% on Tuesday . The company traded as high as $139.42 and last traded at $139.41. Approximately 3,588,150 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 17,038,146 shares. The stock had previously closed at $133.70.
Trending Headlines about United States Oil Fund
Here are the key news stories impacting United States Oil Fund this week:
- Positive Sentiment: Renewed U.S.-Iran fighting is the main bullish catalyst. Escalating conflict has revived concerns about disruptions in the Middle East, including tanker traffic through the Strait of Hormuz, a critical route for global oil shipments. Reports also indicate that crude has rebounded from its 200-day technical support, with Brent targeting higher resistance levels. Oil prices rise as latest fighting resurrects Middle East supply disruption risks
- Positive Sentiment: Low U.S. emergency reserves increase the market’s sensitivity to an external supply shock. Strategic Petroleum Reserve inventories fell by approximately 3.1 million barrels to 286.6 million barrels, their lowest level since 1982, reducing a potential buffer if Middle East exports are interrupted. Oil stocks in US Strategic Petroleum Reserve fall
- Positive Sentiment: USO’s reported July results were described as strong, potentially supporting investor confidence in the fund as oil prices remain elevated. United States Oil Fund Posts Strong July 2026 Results
- Neutral Sentiment: The proposed U.S.-Venezuela oil arrangement has mixed implications. Venezuelan production could eventually add substantial non-Middle Eastern supply, but the deal faces political, operational and investment concerns, limiting its near-term impact. Trump’s oil deal with Venezuela raises red flags
- Negative Sentiment: Record U.S. natural-gas output highlights a broader supply cushion, though its direct effect on crude oil is limited. Increased retail access to smaller WTI futures contracts could also amplify short-term, sentiment-driven volatility. The oil market has just gotten more accessible
United States Oil Fund Trading Up 5.3%
The stock’s 50 day moving average is $121.17 and its 200 day moving average is $120.63. The stock has a market capitalization of $2.20 billion, a price-to-earnings ratio of 19.22 and a beta of -0.03.
Institutional Inflows and Outflows
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.
Recommended Stories
- Five stocks we like better than United States Oil Fund
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
- Medtronic’s Stars Are Aligning for a Price Recovery
Receive News & Ratings for United States Oil Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United States Oil Fund and related companies with MarketBeat.com's FREE daily email newsletter.
