United States Oil Fund (NYSEARCA:USO) Shares Gap Up – Here’s What Happened

United States Oil Fund LP (NYSEARCA:USO) gapped up before the market opened on Tuesday . The stock had previously closed at $87.19, but opened at $94.10. United States Oil Fund shares last traded at $94.0230, with a volume of 7,241,479 shares traded.

Trending Headlines about United States Oil Fund

Here are the key news stories impacting United States Oil Fund this week:

• Positive Sentiment: Supply disruptions have pushed heavy crude in the Americas to multi‑year highs, increasing demand for U.S.-linked crude exposure and benefiting funds that track WTI futures such as USO. Americas heavy crude prices hit multi-year highs as Iran conflict disrupts oil markets
• Positive Sentiment: Oil prices rose on expanded Iran-related supply risk and shipping disruptions (Strait of Hormuz/tanker insurance), a direct tailwind for USO which benefits from higher WTI futures. Oil rises over $1 as Iran crisis disrupts Middle East supply
• Positive Sentiment: UBS raised its average Brent price forecasts for Q1 and full-year 2026, signaling bank-level conviction that the conflict will keep crude elevated and supporting ETF flows into oil exposure. UBS raises average Brent price forecasts for first quarter, full year 2026
• Positive Sentiment: Chinese refiners are cutting runs as Middle East supply risk tightens, which reduces near-term demand for crude processing and can support front‑month WTI prices — positive for USO’s NAV. Chinese refiners begin run cuts as Iran war tightens oil supply
• Positive Sentiment: ETF traders are rotating into energy and away from airlines as a classic war-driven pairs trade (long energy, short aviation), boosting flows into energy ETFs like USO. Oil Soars, Airlines Stall: ETF Traders Eye War-Driven Pairs Trade
• Neutral Sentiment: U.S. officials (Treasury Secretary) have signaled the government will announce measures to support oil shipments (insurance/escorts); such actions could ease shipping risk and cap price upside if implemented. US Treasury Secretary Bessent says oil market well supplied amid Iran war
• Neutral Sentiment: Markets are volatile and headlines remain the dominant mover; technical resistance and profit-taking are leading to intraday retracements — USO can see sharp swings even if the near-term trend is higher. Crude Oil Price Analysis – Crude Oil Continues to Move on Headlines
• Negative Sentiment: U.S. crude inventories unexpectedly rose by 3.5 million barrels vs. a 1.6M forecast, which can relieve near‑term tightness and pressure oil futures (headwind for USO). U.S. Crude Oil Stockpiles Post Weekly Increase
• Negative Sentiment: Profit-taking and calming headlines (e.g., government reassurances on tanker escorts/insurance) have led to intraday pullbacks in crude, which can translate into short-term declines for USO. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Prices Retreat From Session Highs

United States Oil Fund Price Performance

The company’s 50 day simple moving average is $75.56 and its 200 day simple moving average is $73.20. The company has a market capitalization of $1.21 billion, a PE ratio of 19.22 and a beta of 0.40.

Hedge Funds Weigh In On United States Oil Fund

Hedge funds have recently made changes to their positions in the company. Ionic Capital Management LLC purchased a new stake in shares of United States Oil Fund in the 4th quarter valued at about $244,000. Caption Management LLC purchased a new position in United States Oil Fund during the 4th quarter worth approximately $5,201,000. Cetera Investment Advisers grew its stake in United States Oil Fund by 50.8% during the 4th quarter. Cetera Investment Advisers now owns 16,809 shares of the company’s stock worth $1,163,000 after buying an additional 5,662 shares during the last quarter. Kovack Advisors Inc. acquired a new position in United States Oil Fund during the fourth quarter worth approximately $307,000. Finally, Advisory Services Network LLC lifted its stake in United States Oil Fund by 390.1% in the fourth quarter. Advisory Services Network LLC now owns 3,823 shares of the company’s stock valued at $264,000 after buying an additional 3,043 shares during the last quarter. Hedge funds and other institutional investors own 67.47% of the company’s stock.

About United States Oil Fund

United States Oil Fund, LP (USO) is a commodity pool that issues limited partnership interests (shares) traded on the NYSE Arca, Inc (the NYSE Arca). The investment objective of USO is for the daily changes in percentage terms of its shares’ per share 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 price of the futures contract for light, sweet crude oil traded on the New York Mercantile Exchange, that is the near month contract to expire, except when the near month contract is within over two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire, less USO’s expenses.