Learn more about United States Oil Fund and its variety of assets. If such deviation had continued over a period of 30 successive valuation days, USO would not have met its stated investment objective. With the oil futures that the fund currently holds priced at around The Prospectus contains this and other information. The market value of shares of common stock can be volatile and change quickly. USO can change such parameters if regulatory requirements, market conditions, liquidity requirements or other factors make it necessary for USO to do so. United States Oil Fund (USO) Historical ETF Quotes - Nasdaq offers historical quotes & market activity data for US and global markets. AN INVESTMENT IN USO SHOULD NOT BE VIEWED AS AN INVESTMENT IN THE BENCHMARK OIL FUTURES CONTRACT OR LIGHT SWEET CRUDE OIL. The United States Oil Fund (USO) is an exchanged-traded product (ETP) that seeks to provide investment results corresponding to the daily price movements of … Performance within plus/minus 10% of the average daily percentage change in the price of the Marketing Agent is ALPS Distributors, Inc. change in USO’s net asset value, for any period of 30 successive valuation days, to be *Represents the estimated annualized yield of the portfolio’s cash and cash equivalent holdings based on the current daily accrual rate. To make a bearish bet in crude oil, Khouw wants to sell the June $45/$48 call spread in United States Oil Fund … The United States Oil Fund ® LP (USO) is an exchange-traded security whose shares may be purchased and sold on the NYSE Arca. For further discussion of these and additional risks associated with an investment in the Funds please read the respective Fund Prospectus before investing. It is distinguished from an exchange-traded note (ETN) since it represents an ownership claim on underlying securities that the fund has packaged. NOT FDIC INSURED | MAY LOSE VALUE | NO BANK GUARANTEE. Find the latest quotes for United States Oil Fund (USO) as well as ETF details, charts and news at Nasdaq.com. Foreign investing involves special risks such as currency fluctuations and political uncertainty. [1][2] It is distinguished from an exchange-traded note (ETN) since it represents an ownership claim on underlying securities that the fund has packaged. The fund opened on its first day of trading at $68.25 per share. USO’s investment objective is for the daily changes, in percentage terms, of its shares’ When comparing historical prices, account for an 8-to-1 reverse-split on April 28, 2020. These risks could result in large fluctuations in the price of a particular Fund's respective shares. UNG | United States Natural Gas Fund. USO invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels. Brokerage commissions may apply and will reduce returns. View daily, weekly or monthly format back to when United States Oil Fund stock was issued. ^ On April 28, 2020, there was a 1-for-8 reverse share split. Past performance does not guarantee future results. Market conditions, evolving regulatory requirements and risk mitigation measures implemented by certain of USO’s service providers, have made it necessary for USO to exercise greater discretion in investing than it has in the past. Performance may be lower or higher than performance data quoted. United States Oil USO ... Funds with suspended coverage or that have never been covered are often those that are both smaller in size and are less widely held by our customers. the last thirty business days, and then averaging those thirty differences. USO’s portfolio holdings, as well as its investment intentions with respect to the type and percentage of investments in USO’s portfolio, are disclosed daily on the portfolio holdings page of the website. Investment return and value of the Fund shares will fluctuate so that an investor's shares, when sold, may be worth more or less than their original cost. INVESTING IN USO INVOLVES RISKS SIMILAR TO THOSE INVOLVED WITH AN INVESTMENT DIRECTLY IN THE OIL FUTURES MARKETS, BUT IT IS NOT A PROXY FOR TRADING DIRECTLY IN THE OIL MARKETS AND THESE RISKS ARE REAL. This fund offers exposure to one of the the world's most important commodities, oil, and potentially has appeal as an inflation hedge. Learn how and when to remove this template message, West Texas Intermediate Light Sweet Crude Oil, "Should Investors Drill for Oil ETFs? USO’s futures broker constrained USO’s ability to invest in the Benchmark Oil Futures Contract. United States Commodity Funds LLC and USCF Advisers LLC are wholly owned limited liability companies of Wainwright Holdings, Inc. ALPS Distributors, Inc., is the distributor for funds sponsored by the United States Commodity Funds LLC and funds that are series of the USCF ETF Trust and not affiliated with USCF Investments or Wainwright Holdings, Inc. Shares of the funds that are exchange-traded products (ETPs) or exchange-traded funds (ETFs) are not individually redeemable and owners of any Shares may acquire those Shares from the Funds and tender those shares for redemption to the Funds in Creation Unit aggregations of 50,000 or 100,000 Shares. This discrepancy was attributable to increased demand for USO shares due to market forces and USO’s having temporarily halted the sale of Creation Baskets. The United States Oil Fund® LP (USO) is an exchange-traded security whose shares may be purchased and sold on the NYSE Arca. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 pm Eastern time). Commodities and futures generally are volatile and are not suitable for all investors. This information is intended for U.S. residents. USO provides portfolio holdings, market price, NAV and TNA on its website each day. Get United States Oil Fund, LP (USO:NYSE Arca) real-time stock quotes, news, price and financial information from CNBC. Get detailed information about the United States Oil ETF including Price, Charts, Technical Analysis, Historical data, United States Oil Reports and more. See USO’s current prospectus, on the website, for greater detail about the impact of recent events on USO’s performance in April 2020. Latest United States Oil Fund, LP (USO:PCQ:USD) share price with interactive charts, historical prices, comparative analysis, forecasts, business profile and more. This historical NAV chart reflects an 8-for-1 reverse share split that was effected on April 28, 2020. Benchmark Oil Futures Contract from the return on USO’s net asset value for each of [9] Its performance is determined by the price of oil through its oil futures contracts. The company can be reached via phone at +1-510-5229600. However, notwithstanding that there may have been deviations greater than plus/minus 10% on certain days in the month of April, as demonstrated by the chart below, titled Rolling 30-day average difference between USO’s NAV and the Benchmark Oil Futures Contract, this trend did not continue on a rolling 30-day basis and, as a result USO met, and continues to meet, its investment objective. Breaking news Noteringen The amount that the Fund's market price is below the reported NAV is called the discount. Find the latest United States Oil Fund (USO) stock quote, history, news and other vital information to help you with your stock trading and investing. * A basis point is equal to 1/100th of 1%. United States Oil Fund LP is a Delaware limited partnership incorporated in the USA. USCI  |  United States Commodity Index Fund, UNL  |  United States 12 Month Natural Gas Fund, SDCI  |  USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund, UMI  |  USCF Midstream Energy Income Fund, SDCI | USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund. While oil may be appealing, USO often suffers from severe contango making the product more appropriate for short-term traders. USO invests primarily in listed crude oil futures contracts and other oil-related contracts, and may invest in forwards and swap contracts. NAV to reflect the daily changes, in percentage terms, of the spot price of light sweet An investment in the USCF SummerHaven Dynamic Commodity Strategy No K-1 Fund (SDCI) and the USCF Midstream Energy Income Fund (UMI) may not be suitable for all investors. [7][8] USO's investment objective is to include the changes in percentage terms of its units' net asset value in its evaluation of the changes in percentage terms of the spot price of light, sweet crude oil as measured by its price on the New York Mercantile Exchange. Share values after that date may be compared to 8 shares from before that date. Full information with videos and photos about united states oil fund k1. The United States Oil Fund, or USO, is an exchange-traded fund, or ETF, that is designed to track the daily price movements of West Texas Intermediate, or WTI, light, sweet crude oil. USO’s investment objective is for the daily changes, in percentage terms, of its shares’ net asset value (NAV) to reflect the daily changes, in percentage terms, of the spot price of light sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the Benchmark Oil Futures Contract. United States Oil Fund ETF has a wild ride and now in a recovery mode.Reopening of states across the US and the world is leading to a higher consumption rate of oil. [4], The United States Oil Fund was founded in April 10th, 2006 by Victoria Bay Asset Management, now known as United States Commodity Funds,[5][6] and the American Stock Exchange. An investor may lose all or substantially all of an investment. Recent and unprecedented volatility in the crude oil markets in 2020 demonstrates that these risks are real. United States Oil quote is equal to 44.430 USD at 2021-05-09. He wants to bet that oil could pause a bit before it goes higher. The values indicate what $10,000 would have grown to over the time period indicated. The hypothetical example does not represent the returns of any particular investment. Free ratings, analyses, holdings, benchmarks, quotes, and news. The United States Oil Fund (NYSE Arca: USO) is an exchange-traded fund (ETF) that attempts to track the price of West Texas Intermediate Light Sweet Crude Oil. Specifically, USO seeks for the average daily percentage Investing involves risks, including loss of principal. UMI is new and has a limited operating history. Metals. Fund concentration generally leads to greater price volatility. BNO | United States Brent Oil Fund. WHILE INVESTING IN USO INVOLVES RISKS SIMILAR TO THOSE INVOLVED WITH AN INVESTMENT DIRECTLY IN THE OIL MARKET, USO IS NOT A PROXY FOR TRADING DIRECTLY IN THE OIL MARKETS AND THESE RISKS ARE REAL. Funds that focus on a single sector generally experience greater volatility. Although conditions in the crude oil market have improved, and USO has added new futures brokerage relationships that afford it additional trading capacity, USO is continuing in to invest in oil futures contracts other than the Benchmark Oil Futures Contract and only invests in the Benchmark Oil Futures Contract on a limited basis. Gasoline. Share price returns are based on closing prices for the Fund and do not represent the returns an investor would receive if shares were traded at other times. It also provides USO’s target portfolio anticipated by the end of the roll or any rebalance, based on market conditions and regulatory requirements on the website each day. USO invests in oil future contracts that are traded on regulated futures exchanges. View USO live price charts, market analysis and price quotes. See the section of the USO prospectus titled “Risk Factors Involved with an Investment in USO.” Certain of these risk factors are summarized in the Disclosures section of this website. mUSO exists as CW20 and ERC20 versions, which can be traded on Terraswap and Uniswap , respectively. calculation is repeated daily. The vertical axis of the chart shows the premium or discount expressed in basis points. UNL | United States 12 Month Natural Gas Fund. It can be minted on the Mirror Protocol , which references on-chain prices provided by Band Protocol's decentralized network of oracles. USCF is a registered service mark of United States Commodity Funds LLC. Specifically, USO seeks for the average daily percentage change in USO’s net asset value, for any period of 30 successive valuation days, to be within plus/minus 10% of the average daily percentage change in the price of the Benchmark Oil Futures Contract over the same period. More specifically, USO’s limited ability to invest in the Benchmark Oil Futures Contract together with its investments in oil futures contracts other than the Benchmark Oil Futures Contract has impacted and could continue to impact the performance of USO and may make it difficult for USO to closely track the Benchmark Oil Futures Contract or meet its investment objective of having the change in its NAV for any period of 30 successive valuation days be within plus/minus ten percent (10%) of the average daily percentage change in the price of the Benchmark Oil Futures Contract over the same period. Download a copy of a fund's Prospectus by clicking one of the following: . The horizontal axis indicates the number of trading days in the period covered by the chart. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. United States Oil Fund LP (USO) $ 41.53 +1.64 (+4.11%) As of March 26 4:00:00 PM EST. USO provides features including, intra-day pricing, and market, limit, and stop orders. Please read the Fund’s Prospectus carefully before investing. Historical shares outstanding, net asset value per share has been adjusted to reflect the 1-for-8 reverse share split on a retroactive basis. Download a copy of a Fund's Prospectus by clicking one of the following: which contains this and other information, or contact the Fund’s distributor at: ALPS Distributors, Inc., 1290 Broadway, Suite 1000, Denver, Colorado 80203 or call 800-920-0259. Investment in small companies generally experience greater price volatility. Q-Factor Score. Benchmark Oil Futures Contract over the same period. The amount of the discount or premium in the trading price of USO relative to USO’s NAV per share may be influenced by various factors including, among other things, the number of investors who seek to purchase or sell shares in the secondary market and the liquidity of the oil futures. These Funds, which are ETPs, are not mutual funds or any other type of Investment Company within the meaning of the Investment Company Act of 1940, as amended, and are not subject to regulation thereunder. Over the next decade, USCF designed and issued ten … Accordingly, on April 17, 2020, USO commenced investing in oil futures contracts other than the Benchmark Oil Futures Contract, consistent with its authority to do so pursuant to its prospectus. With a 5-year investment, the revenue is expected to be around +94.55%. United States Oil Fund is headquartered at 1999 Harrison St Ste 1530, OAKLAND, CA 94612-4730, United States. Historical data for the United States Oil ETF (USO) as well as the closing price, open, high, low, change and %change. designed to offer a way to invest in U.S. oil without having to purchase futures contracts on a mercantile exchange yourself The Q-Factor Score can be broken down into 4 … [3] USO invests in oil future contracts that are traded on regulated futures exchanges. A large number of USO shares were purchased in a relatively short period of time. The Fund's NAV is calculated by dividing the value of the Fund's total assets less total liabilities by the number of shares outstanding. United States Oil Fund, LP (USO) has announced a 1-for-8 reverse stock split. USCI, USO, USL, BNO, UNG, UNL, UGA, and CPER are commodity pools regulated by the Commodity Futures Trading Commission. The United States Oil Fund is an exchange-traded fund that attempts to track the price of West Texas Intermediate Light Sweet Crude Oil. As a result of the foregoing, USO is currently unable to pursue its investment objective with the same high degree of success that it has in the past before the market conditions described above arose. Since crude hit its highs in 2008 around $150 per barrel, United States Oil Fund has lost between 97% and 98% of its value. Benchmark Oil Futures Contract. The amount that the Fund's market price is above the reported NAV is called the premium. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated. The above frequency distribution chart presents information about the difference between the daily market price for shares of the Fund and the Fund's reported NAV. There is no guarantee that the fund's objective will be met. An investor should consider carefully the risks described below before making an investment decision. United States Oil Fund May Face Enforcement Action From SEC Aug. 19, 2020 at 5:50 p.m. United States Oil Fund's mailing address is 1999 Harrison St Ste 1530, OAKLAND, CA 94612-4730, United States. The firm broke new ground with the launch of the first oil ETP, the United States Oil Fund, LP (USO), in 2006. The differences in changes in the price of the Benchmark Oil Futures Contract and USO’s per share NAV could, in the future, and has, in the past on a daily basis, exceeded plus/minus 10%. Until recently, there has only been a limited need for USO to invest in crude oil futures contracts other than the Benchmark Oil Futures Contract. Historically, USO has achieved its investment objective by primarily investing in the Benchmark Futures Contract and oil futures contracts for light, sweet crude oil traded on NYMEX and ICE Futures with the same maturity month as the Benchmark Futures Contract. Your current $100 investment may be up to $194.55 in 2026. 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