United States Oil Fund (NYSEARCA:USO) Trading Up 4.3% – Time to Buy?

Shares of United States Oil Fund LP (NYSEARCA:USO) were up 4.3% during mid-day trading on Tuesday . The stock traded as high as $139.42 and last traded at $139.41. Approximately 3,588,150 shares traded hands during trading, a decline of 79% from the average daily volume of 17,038,146 shares. The stock had previously closed at $133.70.

United States Oil Fund News Roundup

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

• Positive Sentiment: Renewed U.S.-Iran fighting is the main bullish catalyst. Escalating conflict has revived concerns about disruptions in the Middle East, including tanker traffic through the Strait of Hormuz, a critical route for global oil shipments. Reports also indicate that crude has rebounded from its 200-day technical support, with Brent targeting higher resistance levels. Oil prices rise as latest fighting resurrects Middle East supply disruption risks
• Positive Sentiment: Low U.S. emergency reserves increase the market’s sensitivity to an external supply shock. Strategic Petroleum Reserve inventories fell by approximately 3.1 million barrels to 286.6 million barrels, their lowest level since 1982, reducing a potential buffer if Middle East exports are interrupted. Oil stocks in US Strategic Petroleum Reserve fall
• Positive Sentiment: USO’s reported July results were described as strong, potentially supporting investor confidence in the fund as oil prices remain elevated. United States Oil Fund Posts Strong July 2026 Results
• Neutral Sentiment: The proposed U.S.-Venezuela oil arrangement has mixed implications. Venezuelan production could eventually add substantial non-Middle Eastern supply, but the deal faces political, operational and investment concerns, limiting its near-term impact. Trump’s oil deal with Venezuela raises red flags
• Negative Sentiment: Record U.S. natural-gas output highlights a broader supply cushion, though its direct effect on crude oil is limited. Increased retail access to smaller WTI futures contracts could also amplify short-term, sentiment-driven volatility. The oil market has just gotten more accessible

United States Oil Fund Trading Up 5.3%

The business has a 50 day simple moving average of $121.17 and a 200-day simple moving average of $120.63. The stock has a market capitalization of $2.20 billion, a price-to-earnings ratio of 19.22 and a beta of -0.03.

Hedge Funds Weigh In On United States Oil Fund

Institutional investors and hedge funds have recently bought and sold shares of the stock. Fifth Third Bancorp lifted its stake in shares of United States Oil Fund by 11.6% in the first quarter. Fifth Third Bancorp now owns 1,116 shares of the company’s stock worth $142,000 after acquiring an additional 116 shares in the last quarter. International Assets Investment Management LLC lifted its stake in United States Oil Fund by 5.6% during the first quarter. International Assets Investment Management LLC now owns 2,371 shares of the company’s stock worth $294,000 after purchasing an additional 126 shares during the last quarter. HB Wealth Management LLC lifted its position in shares of United States Oil Fund by 4.0% in the 1st quarter. HB Wealth Management LLC now owns 4,318 shares of the company’s stock worth $549,000 after buying an additional 168 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in United States Oil Fund by 1.6% in the first quarter. NewEdge Advisors LLC now owns 11,948 shares of the company’s stock worth $924,000 after acquiring an additional 187 shares during the last quarter. Finally, Scotia Capital Inc. boosted its stake in United States Oil Fund by 6.5% in the third quarter. Scotia Capital Inc. now owns 4,562 shares of the company’s stock valued at $336,000 after acquiring an additional 278 shares during the period. Hedge funds and other institutional investors own 67.47% of the company’s stock.

United States Oil Fund Company Profile

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.