USO - United States Oil
13.77 -0.22 (-1.57%)
Pre-Market: 5:21AM EDT
| Previous Close | 14.01 |
| Open | 14.22 |
| Bid | 13.79 x 1000 |
| Ask | 13.80 x 27000 |
| Day's Range | 13.89 - 14.23 |
| 52 Week Range | 9.34 - 15.25 |
| Volume | 18,942,254 |
| Avg. Volume | 21,324,229 |
| Net Assets | 1.81B |
| NAV | 14.29 |
| PE Ratio (TTM) | N/A |
| Yield | 0.00% |
| YTD Return | 18.90% |
| Beta (3y) | 1.86 |
| Expense Ratio (net) | 0.31% |
| Inception Date | 2006-04-10 |
- Bloomberg Video•15 days ago
How Macro Risk's Chief Energy Strategist Is Trading the United States Oil Fund
Jul.31 -- Chris Kettenmann, chief energy strategist at Macro Risk Advisors, discusses his investment strategy with Bloomberg's Julie Hyman on "Bloomberg Markets."
- TheStreet.com•17 hours ago
India Cutting Iran Imports Is Good News for Crude Oil
India may cut its Iranian crude oil imports by 50% to cooperate with U.S. sanctions and secure a waiver to continue shipments, according to a Bloomberg report on Tuesday. This is a bullish sign for crude oil as major crude importers begin to assess their purchases from Iran ahead of the November 4 deadline. India cannot completely cut Iranian crude oil supplies as these cargoes are offered at competitive pricing and also represent a meaningful part of their supply.
Market Realist•19 hours agoBrent-WTI Might Support US Oil Exports and Downstream Stocks
On August 13, Brent crude oil October futures settled ~$5.4 higher than WTI crude oil September futures. On August 6, the spread was at ~$4.7.
Market Realist•2 days agoComparing the Fall in Oil ETFs and Oil Last Week
On August 3–10, the United States Oil ETF (USO) fell 1.3%, the United States 12-Month Oil ETF (USL) fell 0.5%, and the ProShares Ultra Bloomberg Crude Oil ETF (UCO) fell 2.8%. These ETFs track US crude oil futures.
Market Realist•2 days agoUS Core Inflation in July Sees Largest Increase since 2008
The US consumer price index (or CPI) for July rose 0.2% sequentially and 2.9% over the last 12 months. The core CPI, which excludes the volatile food and energy components, rose by 2.4% in the 12 months to July, which was the largest increase in core CPI since September 2008. In June, core CPI rose by 2.3%.
ETF Database•5 days agoETF Scorecard: August 10 Edition
To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing. The weekly performance is from last Friday’s open to this week’s Thursday close.
- Zacks•6 days ago
Energy ETFs: Victims of China Tariffs
Why several oil and energy ETFs are vulnerable to U.s.-Sino trade tensions.
- Barrons.com•7 days ago
Oil Is Having a Very, Very Bad Day
The bad news bears are here for crude oil, gas, and related products. Oil and energy investors ran for cover as the tit-for-tat tariff talk escalated between the U.S. and China. United States Oil (USO), ...
- Zacks•8 days ago
Will Oil Prices Spike As Trump Warns Trading Partners Not To Deal With Iran?
This year, oil prices have been spiking and hitting prices which have not been seen since 2014. Throughout the year, although there has been price volatility as OPEC occasionally hinted it might increase output, oil prices have generally been trending higher.
- Zacks•8 days ago
Oil ETFs: What You Need to Know
Oil ETFs are likely to be stuck between two opposing forces -- Iran Sanctions and trade war fears -- in the coming days.
- Market Realist•8 days ago
Brent-WTI Spread Could Help US Oil Exports and Downstream Stocks
On August 6, Brent crude oil October futures settled ~$4.74 higher than WTI crude oil September futures. On July 30, the spread was at ~$5.42.
- ETF Trends•9 days ago
Oil ETFs Climb as Saudi Production Slips
Oil prices and commodity-related exchange traded funds strengthened Monday on an unexpected dip in Saudi Arabian crude output over July On Monday, the United States Oil Fund (NYSEArca: USO), which tracks ...
- ETF Trends•9 days ago
Analyst Eyeing $90 Oil Prices by End of Year
As of 11:30 a.m. ET, the price of WTI crude is up 1.34% to $69.41 and Brent crude is up 0.97% to $73.92, but one analyst sees the price of oil reaching $90 by year's end, particularly when the United States is ready to follow through on heavy sanctions for Iranian crude buyers who do not trim their purchases to zero. Furthermore, the notion that China can simply purchase more oil to make up for the reduction in Iranian oil purchases was rebuffed. As the price of oil continues its upward momentum, oil and gas ETFs are benefitting from the rise, such as United States Oil (USO) , which is up 1.47% today and 25.40% for the year.
Market Realist•9 days agoHave Oil ETFs Underperformed US Crude Oil?
Between July 27 and August 3, the United States Oil ETF (USO) fell 0.3%, the United States 12-Month Oil ETF (USL) fell 0.6%, and the ProShares Ultra Bloomberg Crude Oil ETF (UCO) fell 0.9%. These ETFs track US crude oil futures.
- Market Exclusive•9 days ago
Market Morning: Economic Menu, Fed’s Bullard Says Remove All Tariffs, Iran Sanctions Tuesday
This Week in The Economy Tuesday August 7: Foreign exchange reserves in Japan. Not too much attention generally paid to this one, but Japan is the second biggest foreign holder of US treasuries. Let’s see if the recent increase in supply has had the Japanese sell some on net. Wednesday August 8: Chinese inflation, last […] The post Market Morning: Economic Menu, Fed’s Bullard Says Remove All Tariffs, Iran Sanctions Tuesday appeared first on Market Exclusive.
Market Realist•12 days agoS&P 500, Crude Oil, and Natural Gas Prices on August 2
The S&P 500 Index rose ~0.5% to 2,827.22 on August 2 due to the rise in the technology and consumer staples sectors. Seven out of the 11 key sectors in the S&P 500 rose on August 2.
- Market Realist•12 days ago
Nabors Industries’ Returns Compared to the Market
Nabors Industries (NBR) released its second-quarter financial results on July 31 after the market closed. On August 1, the stock price reacted positively and rose 6.5% to $6.37 from the previous day’s close. The WTI crude oil (USO) price decreased 1.6% on August 1—compared to the previous day’s close. Check out all the data we have added to our quote pages. Now you can get a valuation snapshot, earnings and revenue estimates, and historical data as well as dividend info. Take a look!
Market Realist•13 days agoUS Crude Oil Exports Could Rise in the Coming Weeks
The EIA (U.S. Energy Information Administration) estimates that US crude oil exports decreased ~51.2% to 1.3 million barrels per day on July 20–27. However, the exports increased 87% year-over-year.
Market Realist•13 days agoTrade War Intensifies: S&P 500 and Crude Oil Prices Drop
The S&P 500 fell ~0.1% to 2,813.36 on August 1. President Trump proposed a tariff rate increase on $200 billion worth of goods imported from China to 25% from 10%. The intensifying trade war pressured the S&P 500. In response, China said it would take strict counter measures. However, strong second-quarter earnings results of ~23.3% year-over-year could drive the S&P 500 higher in the coming weeks.
Market Realist•14 days agoAnalyzing the S&P 500 and Energy Prices in July
The S&P 500 rose ~0.49% to 2,816.29 on July 31. Renewed trade negations between the US and China supported the S&P 500. Both of the countries are exploring ways to cool down the tariff war. The SPDR S&P 500 ETF (SPY) rose ~0.5% to $281.33 on July 31. SPY seeks to track the S&P 500 Index’s returns. The S&P 500 rose ~3.6% in July due to strong second-quarter earnings results.
Market Realist•14 days agoGlobal Crude Oil Supply Outage Approaches 14-Month High
The EIA estimates that the global crude oil supply outage increased 377,000 barrels per day to 2.04 million barrels per day in June compared to May. Supply outages also increased 3.4% from a year ago. Global crude oil supply outages were near a 14-month high in June.
Market Realist•14 days agoCrucial Drivers for the S&P 500 and Crude Oil
The S&P 500 Index fell ~0.58% to 2,802.60 on July 30. Eight out of the 11 key sectors in the S&P 500 dropped on July 30, but it was the drop in technology stocks that mainly pressured the S&P 500. However, the expectation of strong second-quarter earnings could support the S&P 500.
Market Realist•15 days agoAre Oil ETFs Rising Faster than US Crude Oil?
Between July 20 and July 27, the United States Oil ETF (USO) rose 1.2%, the United States 12-Month Oil ETF (USL) rose 2.1%, and the ProShares Ultra Bloomberg Crude Oil ETF (UCO) rose 2.4%. These ETFs track US crude oil futures.
- Yahoo Finance Contributors•4 days ago
What to expect from the stock market this week
- Yahoo Finance Contributors•6 days ago
Oil hitting a slippery spot
