USO - United States Oil Fund, LP
| Previous Close | 11.91 |
| Open | 11.87 |
| Bid | 12.06 x 305200 |
| Ask | 12.10 x 301800 |
| Day's Range | 11.87 - 12.13 |
| 52 Week Range | 9.23 - 13.86 |
| Volume | 17,641,481 |
| Avg. Volume | 26,430,196 |
| Net Assets | 1.26B |
| NAV | 12.07 |
| PE Ratio (TTM) | N/A |
| Yield | 0.00% |
| YTD Daily Total Return | 25.94% |
| Beta (3Y Monthly) | 2.15 |
| Expense Ratio (net) | 0.73% |
| Inception Date | 2006-04-10 |
- MarketWatch
Bull trend strengthens: S&P 500 sustains breakout amid market rotation
Technically speaking, the U.S. benchmarks’ already-bullish bigger-picture backdrop continues to strengthen amid market rotation, writes Michael Ashbaugh.
- Zacks
Risk-On Sentiments Are Back: ETFs to Play
The global market has been rallying hard since October. Investors can thus bet on these high-flying ETFs.
- Market Exclusive
Market Weekend: CBS Fires Non-Leaker, Walgreens Deal, Hazy Aramco Details, China Inflation Up on Pork
CBS Fires Producer Who Recorded Amy Robach Tape On Epstein Interview Spike But she’s not the leaker. Ashley Bianco, a 25-year old producer who formerly worked for Disney’s (NYSE:DIS) ABC, was fired by CBS (NYSE:CBS) this week after ABC falsely identified her as the leaker that released a video of ABC anchor Amy Robach complaining […]The post Market Weekend: CBS Fires Non-Leaker, Walgreens Deal, Hazy Aramco Details, China Inflation Up on Pork appeared first on Market Exclusive.
- ETF Trends
OPEC Deals a Major Blow To Oil ETFs
The United States Oil Fund (USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (BNO) , which tracks Brent crude oil futures, faltered Wednesday on news that some members of the Organization of Petroleum Exporting Countries (OPEC) aren't eager to trim production. The expected global supply glut is also the latest threat to the Organization of the Petroleum Exporting Countries and other producers, which have already enacted production caps in an attempt to stabilize prices and balance the market. “The Organization of Petroleum Exporting Countries and its allies are more likely to stick to their current output targets and encourage members to comply more fully, the delegates said, asking not to be identified because the talks are private,” reports Bloomberg.
- ETF Trends
Oil ETFs Get a Lift on Positive Trade Talks
The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (NYSEArca: BNO), which tracks Brent crude oil futures, traded higher ...
- Benzinga
Saudi Aramco, The World's Most Profitable Oil Company, To Launch IPO
Saudi Arabian Oil Company, better known as Saudi Aramco, announced its initial public offering on Sunday. What Happened The world’s most profitable company — owned by the Saudi government — will list on ...
- Market Realist
Saudi Aramco IPO Arrives: Did Baghdadi’s Death Help?
The long-awaited Saudi Aramco IPO is confirmed. Based on estimates, this could be the largest IPO. Also, Aramco could be the biggest listed company.
- ETF Trends
Oil ETFs Rally on Strength in U.S. Jobs, Chinese Manufacturing
Energy sector ETFs surged Friday after crude oil prices rallied in response to the upbeat U.S. jobs data and Chinese manufacturing numbers. On Friday, the SPDR Oil & Gas Equipment & Services ETF (NYSEArca: ...
- Benzinga
This Day In Market History: Iranian Oil Workers Strike
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened On Oct. 31, 1978, Iran’s oil workers organized a strike following failed negotiations over ...
- Market Exclusive
Market Morning: UK Elections, Aramco IPO Date, China Trade Deal, Beyond Meat Beat & Bust
With Brexit Delayed Again, UK Parliament Decides on December Elections It looks like Great Britain and Northern Ireland, AKA the United Kingdom, will finally go to elections by early December. The vote in the House of Commons hasn’t taken place yet, but Jeremy Corbyn’s Labour Party has caved in to supporting an election after opposing […]The post Market Morning: UK Elections, Aramco IPO Date, China Trade Deal, Beyond Meat Beat & Bust appeared first on Market Exclusive.
- Zacks
Slowing Global Economy, Rising Output Put Oil ETFs in Focus
We highlight some ETFs that might get impacted as slowing global economic growth keeps oil prices under pressure.
- ETF Trends
Taking A Reserved Approach to Oil ETFs
The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (NYSEArca: BNO), which tracks Brent crude oil futures, have traded ...
- ETF Trends
Energy ETFs Jump on Fears of Rising Geopolitical Tensions in the Middle East
Energy-related ETFs climbed Friday on geopolitical risk and concerns over Middle East supply after an Iranian tanker near the Saudi Arabian coast was attacked by what the ship’s owner believed was a missile ...
- Market Realist
Crude Oil Prices Rose Due to Strike on Iran Tankers
Today, as of 6:28 AM ET, US crude oil prices have risen 1.8%. Oil prices rose after the media reported that a missile hit Iranian oil tankers in the Middle East.
- Benzinga
Iranian Tanker Hit In Potential Strike, Oil Prices Jump
Oil prices jumped Friday after an Iranian tanker near the Saudi Arabian coast suffered damage in what is suggested to have been a missile attack. The vessel Sabiti was 60 miles from the Saudi Arabian port of Jeddah when it was likely hit by missiles that damaged its main tanks, according to its owner, the National Iranian Oil Company, The Wall Street Journal reported. Iranian state television earlier reported that the tanker had been hit by two missiles off Saudi Arabia’s coast, quoting the the vessel's owner.
- Zacks
Oil ETFs in Focus Amid Trade War Blows & Rising US Supply
Oil prices have been slumping due to escalating trade war and crowding US stockpiles.
- Investopedia
Mildly Nervous Reaction to Trade Negotiation News
Apple stock is holding its ground as natural gas prices drive oil prices lower and Weyerhauser stock outperforms timber ETFs.
- Zacks
Oil ETFs in Focus as US, Russia & OPEC's Output Declines
Oil prices rebound on lower output levels from the world's largest producers in the third quarter.
- ETF Trends
Energy Sector Could Open Opportunities for Leveraged ETFs
Exchange-traded fund (ETF) traders armed with leverage are operating in a landscape where a U.S.-China trade war, inverted yield curves and other factors affecting global growth are making for a challenging ...
- Zacks
Top ETF Stories of Third Quarter
Inside the ETF events that ruled the broader market in the third quarter.
- ETF Trends
Could Days of Large Spikes in Oil Prices be Gone?
Volatile price moves in oil that could cause stomach-churning, rollercoaster-like oscillations could be behind us, according to oil expert Rusty Braziel. Braziel’s comments come after drone attacks in Saudi Arabia last week saw oil prices soar on supply disruption fears. The attacks were enough to cause U.S. President Donald Trump to announce that emergency oil reserves were at-the-ready if necessary.
- Zacks
ETFs in Focus as Oil Spurts on Rising Middle East Tensions
Allegations surrounding Iran's involvement are increasing geopolitical tensions in the Gulf region. Also, uncertainty about time needed by Saudi Arabia to return to full-capacity production adds to the woes.
- ETF Trends
Oil ETF Traders Shouldn’t Expect Boost from Saudi Disruptions to Last
Saudi Arabia's state oil company Aramco plans to bring back its full crude output by the end of September, potentially capping gains on any further supply-side support for oil-related exchange traded funds. The United States Oil Fund (USO) , which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (BNO) , which tracks Brent crude oil futures, are still 6.3% and 8.6% higher, respectively, over the past week after an attack on Saudi Arabia's oil facilities stopped 5% of the world's crude oil supply. Fahad Abdulkarim, Aramco’s general manager for the southern area oil operation, said Aramco is already shipping equipment from the United States and Europe to rebuild the damaged facilities, Reuters reports.
- ETF.com
ETF Of The Week: Riding Crude's Rise
Higher oil prices translates into higher prices for VanEck's oil services ETF.
