United States Oil Fund
USO

$76.11

1.74%

Market Cap: 1.17B

Financials Commodity Contracts Brokers & Dealers

0

Funds holding %

of 6,702 funds

–

Analysts bullish %

0

News positive %

of 246 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

20% more call options, than puts

Call options by funds: $1.38B | Put options by funds: $1.15B

2% less capital invested

Capital invested by funds: $836M [Q4 2023] → $820M (-$16M) [Q1 2024]

8% less funds holding

Funds holding: 179 [Q4 2023] → 165 (-14) [Q1 2024]

25% less repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 44

35% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 40

52.96% less ownership

Funds ownership: 56.56% [Q4 2023] → 3.61% (-52.96%) [Q1 2024]

100% less funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 0 (-1) [Q1 2024]

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Research analyst outlook

We haven’t received any recent analyst ratings for USO.

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Financial journalist opinion

Based on 246 articles about USO published over the past 30 days

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Amid Demand Concerns

Brent oil tested multi-week lows as geopolitical premium declined.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Amid Demand Concerns

Crude Oil Weekly Price Forecast – Crude Oil Drops a Bit For The Week

The crude oil markets have fallen a bit during the week, testing the bottom of the symmetrical triangle that we have been in for some time. Because of this, the market looks like it is going to remain a bit rangebound.

Crude Oil Weekly Price Forecast – Crude Oil Drops a Bit For The Week

Crude Oil Price Forecast – Crude Oil Continues to Look For Momentum

The crude oil market has drifted a little bit lower in the early hours of Friday, as we are digesting a bit of those gains from Thursday. This is a market that continues to see a lot of volatility.

Crude Oil Price Forecast – Crude Oil Continues to Look For Momentum

U.S. crude oil on pace for third weekly decline as China demand outweighs U.S. growth

U.S. oil is down 2.7% this week while Brent is 0.84% lower. Surprise rate cuts by China this week raised worries that Beijing is struggling to breathe life into the world's second largest economy.

U.S. crude oil on pace for third weekly decline as China demand outweighs U.S. growth

Oil prices remain lower amid Gaza ceasefire hopes as investors prepare for PCE data

Oil prices were little changed early Friday morning, weighed down by expectations of a Gaza hostage and ceasefire deal that could move forward after U.S. President Joe Biden and Israeli Prime Minister Benjamin Netanyahu met earlier this week, easing Middle East tensions.

Oil prices remain lower amid Gaza ceasefire hopes as investors prepare for PCE data

CNBC Television

Here's what a Harris presidency could mean for energy markets and oil prices

Helima Croft, Global Head of Commodity Strategy at RBC Capital Markets, discusses what a Kamala Harris presidency would mean for the energy markets.

Here's what a Harris presidency could mean for energy markets and oil prices

Bloomberg Markets and Finance

How Could Kamala Harris Affect Big Oil?: BNEF

What would a Kamala Harris presidency mean for the energy industry, particularly as Big Oil has been tapping the brakes on divesting fossil-fuel assets? Luxi Hong, head of BloombergNEF's downstream oil and chemicals team, discusses with Tom Mackenzie on "Bloomberg Daybreak: Europe.

How Could Kamala Harris Affect Big Oil?: BNEF

Oil News: Prices Set for Third Weekly Decline Amid Mixed Economic Signals

Oil prices drop for third week as traders struggle with momentum, while U.S. growth beats expectations and China's demand declines. Read the full analysis now.

Oil News: Prices Set for Third Weekly Decline Amid Mixed Economic Signals

Eni lifts guidance as high oil and gas prices boost its bottom line

Italian oil major Eni on Friday lifted its full-year guidance and signaled plans to accelerate its share buyback initiative after posting better-than-expected second-quarter results that were boosted by buoyant oil and gas prices and high levels of production.

Eni lifts guidance as high oil and gas prices boost its bottom line

Natural Gas and Oil Forecast: Chinese Demand Falls, Will WTI Continue to Drop?

With Chinese oil demand falling by 8.1%, concerns about consumption rise, putting pressure on WTI prices.

Natural Gas and Oil Forecast: Chinese Demand Falls, Will WTI Continue to Drop?

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