USOU - United States 3x Oil Fund

NYSEArca - NYSEArca Delayed Price. Currency in USD
23.23
-1.30 (-5.30%)
At close: 3:59PM EDT
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Previous Close24.53
Open24.65
Bid0.00 x 800
Ask24.97 x 800
Day's Range22.01 - 24.73
52 Week Range14.51 - 92.51
Volume173,094
Avg. Volume110,156
Net Assets23.4M
NAV24.79
PE Ratio (TTM)N/A
Yield0.00%
YTD Return63.56%
Beta (3Y Monthly)0.00
Expense Ratio (net)1.51%
Inception Date2017-07-19
Trade prices are not sourced from all markets
  • ETF Trends10 days ago

    Once Again, It’s About OPEC For Oil ETFs

    The United States Oil Fund (USO) , which tracks West Texas Intermediate crude oil futures, struggled early in the third quarter with oil prices residing near where they did in the first quarter. Investors considering USO or other oil exchange traded products have several factors to consider including the Organization of Petroleum Exporting Countries (OPEC). The International Energy Agency projects consumption to increase each quarter of 2019 year-over-year, albeit at a slower-than-usual pace for the first quarter.

  • ETF Trends17 days ago

    Oil Bulls Expecting More Gains as OPEC Could Extend Supply Cuts

    Oil bulls could be expecting more gains for oil prices after the most important oil producers in the world are indicating an extension of a deal to curb oil production is likely. This news comes ahead of an Organization of the Petroleum Exporting Countries (OPEC) meeting along with its allies in Vienna this week. OPEC member Iran called for cooperation among the oil cartel's members.

  • ETF Trends23 days ago

    Are Oil Traders Overestimating the Impact of Latest Iran Sanctions?

    Rather than resort to war, U.S. President Donald Trump decided to bring down the hammer with more sanctions on Iran in response an unmanned U.S. drone being shot down the previous week. As U.S.-Iran relations remain tenuous, oil traders could be eyeing more price increases for the commodity, but are they overestimating the impact of the latest sanctions? “We will continue to increase pressure on Tehran until the regime abandons its dangerous activities,” including its nuclear ambitions, Trump told reporters in the Oval Office.  “We do not seek conflict with Iran or any other country,” Trump added.

  • Commodity ETFs: A Mixed Bag
    Investopedia24 days ago

    Commodity ETFs: A Mixed Bag

    This fall, commodities reached their highest level since 2014, although many have since fallen. ETFs are there to make the most of this peak period.

  • ETF Trends25 days ago

    Middle East Tensions Could Give Oil Prices More Support This Week

    Oil prices could maintain their support levels this week as tensions between the United States and Iran continue to play out with U.S. Secretary of State Mike Pompeo saying that "significant" sanctions could be in store for Iran. “The Middle East clashes should support oil prices at the start of the week as crude markets will wait to see Iran’s response to the threat of additional sanctions, ” said Edward Moya, senior market analyst at OANDA in New York. An unmanned U.S. drone was shot down by Iran last week, which fanned the flames of growing tensions within the Middle East.

  • ETF Trendslast month

    Oil Prices in a State of Flux Amid Global Growth, Middle East Tensions

    The push-and-pull of Middle East tensions and slowing global growth is leaving prices for the oil in flux. Declining business sentiment is also feeding into the slowing global growth narrative, but how does all the news affect oil prices in the future? Oil prices tumbled more than 20 percent since the end of April due to fears of global demand as fears of slower growth worldwide are taking hold of the commodity.

  • ETF Trendslast month

    Heightened U.S.-Iran Tensions Can Continue to Benefit Bullish Oil Bettors

    Geopolitical oil supply disruptions could continue to feed into higher oil prices, which will benefit bullish bettors. Attacks on two oil tanker ships off the coast of Iran sent oil prices upward as finger pointing between the United States and Iran ensued. U.S. intelligence was quick to identify Iran as the culprit of the attacks.

  • How to Trade Oil Rush With These ETFs
    Zackslast month

    How to Trade Oil Rush With These ETFs

    Given the abrupt changes in oil price and an uncertain outlook, investors should place their bet on oil ETFs cautiously or could take advantage of the quick turn in sentiment with the help of ETFs.

  • ETF Trendslast month

    Oil Prices Tumbled, but Will They Land Right Side Up?

    Oil prices have tumbled more than 20 percent since the end of April due to fears of global demand as fears of slower growth worldwide are taking hold of the commodity. It didn’t help that the U.S.-China ...

  • ETF Trends2 months ago

    Oil is Following Volatility as U.S.-China Trade War Heightens

    As the U.S.-China trade war heightens, oil prices are in unison with the volatility in the capital markets. On Tuesday, Brent crude oil prices went above $70 per barrel due to supply cuts led by producer the Organization of Petroleum Exporting Countries (OPEC) in addition to U.S. sanctions on Iran as well as Venezuela. In addition, U.S. West Texas Intermediate (WTI) crude futures headed closer to $60.

  • ETF Trends2 months ago

    Will Growth Worries Hold Down Oil For Rest of 2019?

    Supply cuts by the Organization of Petroleum Exporting Countries (OPEC) have pushed oil prices down, but downward forces from trade wars have also kept them in check. Will continued growth worries keep ...

  • ETF Trends2 months ago

    Can Iran Sanctions Continue to Push Oil Prices Through the Roof?

    Last month, oil continued its serendipitous climb following U.S. President Donald Trump ending waivers on companies wishing to purchase Iranian oil without facing stiff sanctions. The companies affected ...

  • ETF Trends2 months ago

    Up the Energy Ante With These 4 Leveraged ETFs

    Oil prices retreated recently as traders are eagerly anticipating the release of inventory data. The U.S.-China trade deal standoff has investors fretting as of late, but oil and gas operators have no reason for pessimism despite these trade deal woes. According to a study by L.E.K. Consulting, oil and gas operators are feeling optimistic when it comes to the commodity for the rest of 2019.

  • Leveraged ETF Roundup: Gold Miners Gain, Brazil Erodes
    Zacks2 months ago

    Leveraged ETF Roundup: Gold Miners Gain, Brazil Erodes

    US-China trade tensions, crisis in the Middle East and the pain in the emerging market impact leveraged ETF winners and losers of last week.

  • ETF Trends2 months ago

    Four 3X Leveraged Oil ETFs to Get Slick With Trading

    The U.S.-China trade deal standoff has investors fretting as of late, but oil and gas operators have no reason for pessimism despite these trade deal woes. According to a study by L.E.K. Consulting, oil ...

  • ETF Trends2 months ago

    Trade War Fears Stymie Potential Gains for Oil Prices

    A surprise fall in U.S. crude stockpiles should've translated into strength for oil prices, but trade war fears continued to roil the markets. Oil fell as much as 1 percent on Thursday as investors continue to sit on their hands waiting for a U.S.-China trade deal. Brent crude oil futures and U.S. West Texas Intermediate (WTI) crude futures both fell 1 percent earlier in the day.

  • ETF Trends3 months ago

    5 Leveraged 3X ETFs Up 100%+ YTD

    Leveraged and inverse products have given investors access to an investment space that was typically relegated to only high-net worth individuals or institutions. With the transparency and liquidity of ...

  • ETF Trends3 months ago

    Oil Soars on Trump Ending Iran Sanction Waivers

    Oil climbed on Monday following U.S. President Donald Trump ending waivers on companies wishing to purchase Iranian oil without facing stiff sanctions. The price of Brent crude went up by 2.77 percent ...

  • Trending: Investors Switch to Platinum as Market Imbalances Set to Correct
    ETF Database3 months ago

    Trending: Investors Switch to Platinum as Market Imbalances Set to Correct

    Platinum prices surged to 10-month highs after investors turned their attention to the precious metal as an alternative to the seemingly overbought palladium. Chinese equities enjoyed sizeable inflows as government stimulus and trade optimism acted as catalysts to a comeback of economic growth. Crude oil’s remarkable 2019 run spurred interest in leveraged bets while Europe’s common currency is confined by ECB’s dovish approach. Check our previous trends edition at Trending: Palladium Continues Record Run as Supply Worries Intensify.

  • ETF Trends3 months ago

    3 ETFs to Watch if Oil Reaches $80 This Summer

    Global investment bank RBC Capital Markets is expecting more increases in oil prices, going as far as saying that crude could reach the $80 price level this summer. Overall, RBC Capital Markets is forecasting ...

  • ETF Trends4 months ago

    5 Best-Performing Leveraged ETFs Year-to-Date

    As the first quarter of 2019 draws to a close, leveraged exchange-traded fund (ETF) traders have seen oil and technology take the top spots for year-to-date gainers. 2019 started off strong for U.S. equities–the ...

  • 3 Soaring ETFs at Risk of Steep Pullbacks
    Investopedia4 months ago

    3 Soaring ETFs at Risk of Steep Pullbacks

    Leveraged exchange-traded oil funds are having an exceptional year on the back of rising oil prices, but these risky investments could be a big upset if and when oil trends downward.

  • USCF Announces Options Trading on the United States 3x Oil Fund and the United States 3x Short Oil Fund (NYSE Arca: USOU, USOD)
    PR Newswire4 months ago

    USCF Announces Options Trading on the United States 3x Oil Fund and the United States 3x Short Oil Fund (NYSE Arca: USOU, USOD)

    WALNUT CREEK, Calif. , March 14, 2019 /PRNewswire/ -- USCF today announced the availability of options trading on the United States 3x Oil Fund (NYSE Arca: USOU) and the United States 3x Short Oil Fund  ...

  • How to Play Oil Rally With Leveraged ETFs
    Zacks5 months ago

    How to Play Oil Rally With Leveraged ETFs

    Many investors have turned bullish on oil and are seeking to tap this opportunity. For them, a leveraged play on the commodity could be an excellent idea.

  • TheStreet.com6 months ago

    How to Play the Opposite of Conventional Wisdom on Capital Markets

    One of the most frustrating things about the mainstream financial media is the steadfast, seemingly never ending refusal to learn how derivative markets work. Commentators yammer on about the "volatility index" or "the fear gauge," the VIX, without understanding the difference between implied volatility of options contracts and the actual volatility -- or amplitude if you will -- of the underlying securities.