USO - United States Oil
| Previous Close | 11.11 |
| Open | 10.87 |
| Bid | 0.00 x 900 |
| Ask | 0.00 x 1000 |
| Day's Range | 10.85 - 11.03 |
| 52 Week Range | 10.51 - 16.24 |
| Volume | 9,787,685 |
| Avg. Volume | 28,174,134 |
| Net Assets | 1.57B |
| NAV | 10.78 |
| PE Ratio (TTM) | N/A |
| Yield | 0.00% |
| YTD Return | -10.66% |
| Beta (3Y Monthly) | 2.05 |
| Expense Ratio (net) | 0.31% |
| Inception Date | 2006-04-10 |
![MARKETS: A Saudi Prince-Putin high-five propels crude oil higher into a Trump-Xi demand [t]rap](https://s.yimg.com/uu/api/res/1.2/RerTUhXZ74IngxG0DF.JRg--~B/Zmk9c3RyaW07aD0xMjM7cHlvZmY9MDtxPTgwO3c9MjIwO3NtPTE7YXBwaWQ9eXRhY2h5b24-/http://d.yimg.com/hd/cp-video-transcode/creatr-uploaded-videos/2018-12/18c3f046-8e99-53c6-8d54-0e83a136408a/a046cf60-f711-11e8-ad6b-6bf57eeeb47d_3_0.jpg?s=7eaf6c724ab22d2ecf9020b3623ec0ba&c=95031505a67150fa0497825603b00fb0&a=yahoofinance&mr=0)
Yahoo Finance Video•7 days agoMARKETS: A Saudi Prince-Putin high-five propels crude oil higher into a Trump-Xi demand [t]rap
Crude oil is heading for its greatest advance in over 5 months after a double whammy set of G20 meetings -- one between Crown Saudi Prince Mohammed bin Salman and Russian President Vladimir Putin -- the other between U.S. President Donald J. Trump and Chinese President Xi Jinping. Even Alberta is in the mix, while Qatar is out of OPEC -- but it really doesn't matter. Yahoo Finance's Alexis Christoforous and Jared Blikre break down all the action in black gold.
Zacks•4 hours agoIs Fresh OPEC+ Output Cut Enough to Boost Oil & Energy ETFs?
Though OPEC+ has agreed to an output cut, is the cut enough to push up oil and energy ETFs?
- InvestorPlace•3 days ago
Starbucks Stock Is Worth Trading With This Out-of-the-Box Pairs Partner
Admittedly, it sounds odd — shorting shares of Starbucks and pairing it with a long in USO stock. By that I mean to say I see a strong technical-based reversion to the mean or “green” if you look at the profit potential in shorting SBUX stock and going long USO stock today.
- Benzinga•3 days ago
Oil Rebounds As OPEC Agrees On Bigger-Than-Expected Cut
Following the OPEC and non-OPEC ministerial meeting, the two parties reportedly agreed to cut oil production by a cumulative 1.2 million barrels per day – 0.8 million bpd by OPEC members and 0.4 million bpd by allied producers. Iran managed to secure an exemption from production cuts, citing the burden of U.S. sanctions it's already shouldering. Saudi Arabia, which wields the clout among OPEC members by virtue of it being the top oil producer in the cartel, initially opposed the proposal to exempt Iran.
ETF Database•3 days agoETF Scorecard: December 7 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.
- CNBC•3 days ago
Oil prices surge more than 4% as OPEC reaches deal to cut output
Oil prices rose on Friday after OPEC reached an agreement to cut output, according to the Iranian Energy Minister. The meeting was still continuing and an agreement with non-OPEC producers was not yet set. West Texas Intermediate crude futures were up $2.39, or 4.7 percent, at $53.89 per barrel at 9:43 a.m. ET.
- Benzinga•4 days ago
Oil Losses Steepen, OPEC Indecisive On Level Of Production Cuts
WTI grade crude oil is once again threatening to break below the $50-per-barrel barrier following two sub-$50 sessions in late November. What Happened Oil opened Thursday's session modestly lower at $52.67, ...
- InvestorPlace•5 days ago
10 Stocks to Buy When the Yield Curve Inverts
Will the yield curve invert, with short-term interest rates pushing their way above long-term interest rates … a relatively rare scenario that’s all too often associated with a troubled economy? A true inverted yield curve has not happened yet, but as of right now we’re as close to an inverted yield curve as we’ve been in a decade. Translation: It sure couldn’t hurt to go ahead and make plans for an inverted yield curve, just in case that’s how things take shape.
- ETF Trends•5 days ago
Traders Rush to Bet on a Popular Oil ETF
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 sporting double-digit losses over the past month, but some traders are ready to bet on a crude rally. Further dragging on the oil outlook, OPEC and other forecasters have signaled that the global oil market could produce a surplus in 2019 on slowing demand, despite a dip in Iranian oil exports after U.S. sanctions recently went into effect. Over the past month, USO, one of the most heavily traded commodities exchange traded funds, is lower by more than 15%, but data indicate some traders believe a bottom for oil is near.
- Zacks•6 days ago
Christmas Comes Early for Oil & Energy ETFs
News of expected output cuts by Russia, Saudi Arabia and Canada as well as U.S.-Sino trade short-term trade truce boosted Oil and energy ETFs.
Market Realist•7 days agoDid Oil ETFs Diverge from Oil Prices Last Week?
On November 23–30, the United States Oil ETF (USO) and the United States 12-Month Oil ETF (USL) fell 0.9% and 1.2%, respectively. The ProShares Ultra Bloomberg Crude Oil ETF (UCO) fell 2.7%. These ETFs track US crude oil futures.
- Benzinga•7 days ago
3 Reasons Why Oil Is Soaring Today — And What's Next For The Commodity
Russia and Saudi Arabia agreed to extend oil output cuts. Alberta Premier Rachel Notley shocked the oil market with a mandatory province-wide 8.7-percent production cut. Russia and Saudi Arabia's governments reached an agreement to extend their agreement to cut oil production.
- Benzinga•7 days ago
G20 Developments Send Oil Prices Soaring
Oil prices surged Monday after a November in which prices fell more than 20 percent. The biggest headline for the global oil market may have had nothing to do with OPEC. China’s economy appears safe at the moment from U.S. President Donald Trump raising tariffs on more than $200 billion in Chinese goods from 10 percent to 25 percent.
- Market Exclusive•7 days ago
Market Morning: Futures Fly On China Trade Truce, Shell Gets Pinned, Qatar Bails on OPEC
Futures Explode Higher on US/China Trade War Truce Everything is up this morning except bonds and cryptocurrencies. S&P 500 futures (NYSEARCA:SPY) rose 1.66% as of 6:30am EST, the Nasdaq (NASDAQ:QQQ) has exploded higher by nearly 2.5%, gold (NYSEARCA:GLD) is up close to 0.7%, oil prices (NYSEARCA:USO) are up by over 4%, European stock indexes are […] The post Market Morning: Futures Fly On China Trade Truce, Shell Gets Pinned, Qatar Bails on OPEC appeared first on Market Exclusive.
- Zacks•10 days ago
Best and Worst ETFs of November
These ETFs stood up and fell down in the month of November.
- ETF Database•10 days ago
ETF Scorecard: November 30 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.
- Benzinga•11 days ago
After A Brutal Autumn, Futures Traders Await Crude's Upside
In what has been the most precipitous drop the commodity has seen since July/August of 2015, futures contracts for both Brent crude and the US-benchmarked WTI crude oil are back down to trading below 52-week lows. Not content to leave the speculation up to speculators, Goldman Sachs Group Inc. (NYSE: GS) on Monday signaled a bullish case for oil in 2019, pointing to sustained fundamental support to boost energy back above 2018’s lows. Among the catalysts for a rebound, Goldman Sachs cites the upcoming G20 and OPEC meetings as providing some support to the tumbling market.
- Market Exclusive•11 days ago
Market Morning: Mixed Fed Signals, Deutsche Bank Raided, Altria & Juul Talk, Yields Smashed
The Fed Is Going Schizophrenic, Jekyll Highlighted but Hyde Ignored Yesterday’s Federal Reserve blurb that was picked up by the markets causing a sharp spike upward had to do with Chair Jay Powell’s remarks on current interest rates being “just below neutral.” Meaning that Powell for the first time has acknowledged the possibility that the […] The post Market Morning: Mixed Fed Signals, Deutsche Bank Raided, Altria & Juul Talk, Yields Smashed appeared first on Market Exclusive.
- ETF Trends•12 days ago
Commodities ETFs Could Rebound in 2019
With the dollar ranking as one of this year’s best-performing major currencies, plenty of commodities and the related exchange traded products are struggling. Gold exchange traded products, including the ...
- Barrons.com•13 days ago
This Oil Fund Is Down Much Less Than Oil Itself. Here’s Why.
United States Oil has perfectly tracked oil for the past month, yet it is down just 7% over the last year compared to the 13% decline in West Texas Intermediate futures.
- MarketWatch•13 days ago
S&P 500 nails the breakdown point (2,673), pulling-teeth retest underway
Technically speaking, the S&P 500’s latest corrective bounce is underway amid persistently jagged late-year price action, writes Michael Ashbaugh.
- Market Realist•13 days ago
Airlines Feeling the Spirit in the Sky
Spirit Airlines (SAVE) announced impressive numbers for the current December quarter. Instead of TRASM (Total revenue per available seat mile) up 6%, they now see +11% in the quarter. They also see capacity up 15% for the quarter. The stock jumped 16% or more based on the positively revised guidance. And frankly, this is not one of the better airline operators. Thus, Delta (DAL), American (AAL), JetBlue (JBLU), United (UAL) and Southwest (LUV) all flew higher on the news. The global airline ETF JETS managed a 1.3% gain as well and is now up over 10% since a low in early October. Delta is now up 4.2% on the year while Spirit is up a whopping 31% besting the S&P 500 (SPY) and the Dow Jones Industrial Average (DIA), both hovering around flat-to-down. Most airlines are as cheap and Delta even boasts a 2.4% yield. Chart watchers will be seeing if Delta (and others) can break out to new highs as oil stays low and these stocks look cheap.
Market Realist•13 days agoAnalyzing Oil ETFs’ Returns Last Week
On November 16–23, the United States Oil ETF (USO) and the United States 12-Month Oil ETF (USL) fell 10.3% and 9.9%, respectively. The ProShares Ultra Bloomberg Crude Oil ETF (UCO) fell 19.9%. These ETFs track US crude oil futures.
Market Realist•13 days agoWhy Goldman Sachs Thinks Gold Prices Are ‘Extremely Attractive’
In a report published yesterday, Goldman Sachs (GS) stated that commodities (COMT) could climb 17% over the coming months. It also cited the upcoming G-20 meeting as the potential launchpad for raw materials. Among commodities, GS is particularly bullish on oil (USO), gold (GLD), and base metals (DBB).
