USO - United States Oil Fund, LP
| Previous Close | 27.07 |
| Open | 27.17 |
| Bid | 0.00 x 1100 |
| Ask | 27.15 x 1400 |
| Day's Range | 26.65 - 27.53 |
| 52 Week Range | 16.88 - 106.56 |
| Volume | 11,217,044 |
| Avg. Volume | 22,588,626 |
| Net Assets | 3.49B |
| NAV | 26.70 |
| PE Ratio (TTM) | N/A |
| Yield | 0.00% |
| YTD Daily Total Return | -73.89% |
| Beta (5Y Monthly) | 2.50 |
| Expense Ratio (net) | 0.79% |
| Inception Date | 2006-04-10 |
- Business Wire
The Law Offices of Frank R. Cruz Continues Its Investigation on Behalf of United States Oil Fund, LP Investors (USO)
The Law Offices of Frank R. Cruz continues its investigation on behalf of United States Oil Fund, LP ("USO" or the "Company") (NASDAQ: USO) investors concerning the Company and its officers’ possible violations of federal securities laws.
- GlobeNewswire
ROSEN, A RESPECTED AND LEADING FIRM, Continues to Investigate Securities Claims Against United States Oil Fund, LP; Encourages Investors with Losses in Excess of $100K to Contact the Firm – USO
NEW YORK, June 01, 2020 -- Rosen Law Firm, a global investor rights law firm, continue to investigate potential securities claims on behalf of shareholders of United States Oil.
- MarketWatch
Are ETFs safe... for retail investors?
When the price of oil fell off a cliff in April, it upended some previously sacrosanct financial-market beliefs. “We always say ETFs have democratized investing and have allowed investors to access just about every asset class, and I’ve always thought that’s wonderful,” said Nate Geraci, president of Kansas City-based advisory The ETF Store. Retail investors piled into the biggest and most visible exchange-traded fund that tracks oil price movements even as the price – and the fund’s share values – careened downward.
- Business Wire
Glancy Prongay & Murray LLP, a National Class Action Law Firm, Announces Investigation of United States Oil Fund, LP (USO) on Behalf of Investors
Glancy Prongay & Murray LLP, a National Class Action Law Firm, Announces Investigation of United States Oil Fund, LP (USO) on Behalf of Investors
- FITB ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of June 8, 2020 in the Class Action Filed on Behalf of Fifth Third Bancorp Limited ShareholdersNewsfile
- HBB Shareholder Update: Bronstein, Gewirtz & Grossman, LLC Reminds Investors of Class Action Against Hamilton Beach Brands Holding Company and Encourages Investors to Contact the FirmACCESSWIRE
- Business Wire
The Law Offices of Frank R. Cruz Announces Investigation on Behalf of United States Oil Fund, LP Investors (USO)
The Law Offices of Frank R. Cruz announces an investigation on behalf of United States Oil Fund, LP ("USO" or the "Company") (NASDAQ: USO) investors concerning the Company and its officers’ possible violations of federal securities laws.
- GlobeNewswire
United States Oil Fund, LP Investors Who Have Suffered Losses Greater Than $100K Encouraged To Contact Kehoe Law Firm, P.C.
PHILADELPHIA, May 29, 2020 -- Kehoe Law Firm, P.C. is investigating potential securities law violations on behalf of investors of the United States Oil Fund, LP (“USO” or the.
- Business Wire
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of United States Oil Fund, LP (USO) on Behalf of Investors
INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of United States Oil Fund, LP (USO) on Behalf of Investors
- ACCESSWIRE
Block & Leviton LLP Announces Investigation of United States Oil Fund, LP for Possible Securities Laws Violations; Investors Who Lost Money Should Contact the Firm
BOSTON, MA / ACCESSWIRE / May 29, 2020 / Today, Bloomberg reported that the "Securities and Exchange Commission and the Commodity Futures Trading Commission have both opened probes" into United ...
- Business Wire
EQUITY ALERT: Rosen Law Firm Announces Investigation of Securities Claims Against United States Oil Fund, LP; Encourages Investors with Losses in Excess of $100K to Contact the Firm – USO
Rosen Law Firm, a global investor rights law firm, announces it is investigating potential securities claims on behalf of shareholders of United States Oil Fund, LP (NYSE: USO) resulting from allegations that USO may have issued materially misleading business information to the investing public.
- Barrons.com
The Future of ETFs, and Why Sustainable-Investing Indexes Will Be a Trillion-Dollar Business
ETFs have been the unlikely champion of the coronavirus market—they’ve allowed investors to better understand bond pricing, and enabled the Federal Reserve’s corporate and high-yield bond-buying. The future of ETFs lies in fixed income and sustainable investing, according to BlackRock’s Salim Ramji. What’s next for iShares.
- Benzinga
WTI Oil Trades Higher, But Demand For Brent Muted, Says Commodities Analyst
Oil prices were higher Tuesday after another strong rally in crude oil that was triggered by increased demand.On Tuesday, Brent crude futures were up 1.27% at $36.03 per barrel at the time of writing. In April, the world's major producers, including Saudi Arabia and Russia, agreed to reduce their output by nearly 10 million bpd for May and June.Speculators maintained strong buying interest in energy and metals at the expense of the agriculture sector, Saxo Bank said in the Commitments of Traders report on positions held and changes made by money managers in the week of May 19. "Top three buys were WTI crude oil, natural gas and gold, while selling was topped by corn, soybeans and wheat," Ole Hansen, head of commodity strategy at Saxo Bank, said in a note.The analyst says another strong rally in crude oil saw the combined net-long in WTI and Brent rise by 26,000 lots to 507,000 lots, a 16-week high."Seven consecutive weeks of buying has resulted in bullish WTI bets rising almost three-fold to 348,000, a 20-month high, while Brent buyers have only added 102,000 lots to 158,000. While not yet overly stretched, the amount of buying has left the market exposed should the technical and/or fundamental outlook turn less friendly," Hansen says. Interest in Brent Muted The analyst says buying interest in Brent has been much more muted."Following a four-week rally WTI crude oil has temporarily been boxed in between resistance at $35.20/bbl, the April high and support at $30.75/bbl, the uptrend from the lows," adds Hansen.Related Links:USO Tanks After Oil ETF's Temporary Trading HaltOil Prices Rebound, Analyst Says Market Faces Tsunami Of SurplusSee more from Benzinga * Oil Analyst Expects US, Canada To Help Balance Market, Dampen Prices * Slump In Crude Oil Continues To Attract Speculative Buying, Says Strategist * Oil Price Surge Driven Partly By Positive Coronavirus Vaccine News, Says Strategist(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- MarketWatch
USO says it may have to hold larger amounts of Treasurys and cash
The U.S. Oil Fund said in a filing to the Securities and Exchange Commission that it may be limited in its ability to buy oil futures and may be required to invest in other permitted investments including other oil-related interests and may hold larger amounts of Treasuries, cash and cash equivalents. "Significant market volatility has occurred and is continuing in the crude oil markets and the oil futures markets. Such volatility is attributable to the COVID-19 pandemic, disputes among oil-producing countries over the potential limits on the production of crude oil, a corresponding collapse in demand for crude oil and a lack of on-land storage for crude oil. These conditions have severely limited USO's ability to have a substantial portion of its assets invested in the Benchmark Oil Futures Contract and certain other Oil Futures Contracts of the same month, such as cash-settled, but substantially similar, oil futures contracts traded on ICE Futures," the fund said.
- ETF.com
Most Popular ETFs Since Market Bottom
Investors have flocked to these five ETFs since March 23.
- MarketWatch
ETF giants want better labeling. Not everyone is convinced
One day after large asset managers like BlackRock, State Street, and Invesco unveiled a proposal to more precisely label exchange-traded funds, some industry participants pushed back, calling the idea welcome in general, but misguided in practice.
- Yahoo Finance Video
Saudi Aramco keeps dividend despite 25% cut in profit
Saudi Aramco's profit fell 25% in its first quarter net profit. Yahoo Finance’s Jared Blikre shares the details.
- Yahoo Finance Video
Energy ETFs to watch after oil snaps 5-day rally
WTI crude is tumbling, snapping a five-day rally. Yahoo Finance’s Seana Smith and ETF.com managing editor Cinthia Murphy discuss what ETFs to watch in the energy sector amid the coronavirus pandemic.
- Yahoo Finance Video
Oil expert: With so many barrels being taken offline, "these are the seeds of a mini boom"
Canary LLC CEO Dan Eberhart joins Yahoo Finance’s Zack Guzman to discuss how the coronavirus is impacting the energy sector, as WTI crude tumbles amid storage capacity concerns.
- Yahoo Finance
Stock market news live updates: Stocks fall as concern over virus fallout mounts
The S&P 500 turned slightly positive Monday as big tech and energy shares rose. The advances helped offset earlier declines spurred as mounting concerns that companies would see lasting damage in the aftermath of the coronavirus pandemic spooked market participants.
- Benzinga
Slump In Crude Oil Continues To Attract Speculative Buying, Says Strategist
The April slump in crude oil is continuing to attract speculative buying in May, and the outlook remains bleak with the market having a long way to go before balancing out, analysts say. The risk of storage running out is being offset by the focus on falling production and the expected pick-up in demand, Ole Hansen, head of commodity strategy at Saxo Bank. On Monday, WTI crude oil was trading 4.95% higher at $20.73 at the time of publication. Crude Oil Market Outlook The recent crash in oil demand brought prices below zero in April as storage for the commodity ran out, but this issue is a short-term one. One analyst says the market may be on a path towards balancing but it's not there yet, with surplus still running high."Optimism spread in the crude oil market in the second part of last week, but this morning (4 May) it is back to the grey reality of things," Bjarne Schieldrop, chief commodities analyst at SEB, says in a note.The global economy is "utterly depressed," and the global oil market is still running a surplus even after cuts from OPEC+ kicked in Friday, the analyst says. "The situation is improving with demand ticking a little higher and supply declining along with active cuts and attrition. However, supply is only down by around 9-12m bl/day even including the cuts from OPEC+, and this leaves the market with a huge running surplus. Damage is still being done and the running surplus continues to push inventories higher and spot prices lower for now."The market is on a path toward balancing, but we are not there yet, with the surplus still running high, he says.May 2020 is going to be extremely challenging, and June could be too and this will be fully displayed in the physical spot market and further rises in oil inventories, Schieldrop says. Related Links:USO Tanks After Oil ETF's Temporary Trading HaltOil Prices Rebound, Analyst Says Market Faces Tsunami Of SurplusSee more from Benzinga * Oil Price Surge Driven Partly By Positive Coronavirus Vaccine News, Says Strategist * USO Tanks After Oil ETF's Temporary Trading Halt * Oil Price Turmoil Persists, But Analyst Says Storage Worries Are Short-Term(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- ETF.com
Nearly $50B Flows Into ETFs In April
ETFs like 'GLD,' 'USO' and 'HYG' powered April's strong inflows.
- Yahoo Finance Video
A long way to go for U.S. oil producers to recover: Trader
Oil prices rally on Thursday over signs that fuel demand will return. Trafigura Co-Head of Oil Trading Ben Luckock joins Yahoo Finance’s On The Move to discuss the outlook for oil markets.
- Yahoo Finance
Start-up uses satellites to track oil glut and supply chains from space
One company is tracking the oil supply glut amid COVID-19 using satellite images of tankers around the world.
- ETF Database
Commodity ETFs Help Diversify Traditional Portfolio
Investors who are looking for ways to diversify a traditional investment portfolio can turn to alternative assets like commodities and related exchange traded funds.
- Yahoo Finance Video
This Goldman Sachs-backed startup tracks world's oil glut from space
Orbital Insight is measuring shadows from space to trace the world’s oil glut. Orbital Insight Founder & CEO James Crawford joins Yahoo Finance’s Zack Guzman to discuss.
