United States Oil Fund LP (NYSEARCA:USO – Get Free Report) major shareholder Financial Lp Hrt sold 1,218 shares of the company’s stock in a transaction on Tuesday, September 15th. The stock was sold at an average price of $160.76, for a total value of $195,805.68. Following the transaction, the insider directly owned 61,589 shares in the company, valued at $9,901,047.64. This represents a 1.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.
Financial Lp Hrt also recently made the following trade(s):
- On Friday, September 11th, Financial Lp Hrt sold 77,112 shares of United States Oil Fund stock. The stock was sold at an average price of $153.79, for a total value of $11,859,054.48.
- On Friday, September 11th, Financial Lp Hrt bought 3,983 shares of United States Oil Fund stock. The stock was acquired at an average cost of $154.35 per share, with a total value of $614,776.05.
- On Monday, September 14th, Financial Lp Hrt bought 101,212 shares of United States Oil Fund stock. The shares were bought at an average price of $158.02 per share, for a total transaction of $15,993,520.24.
United States Oil Fund Trading Down 3.5%
Shares of NYSEARCA:USO traded down $5.69 on Wednesday, reaching $156.17. 5,645,057 shares of the company were exchanged, compared to its average volume of 16,451,090. United States Oil Fund LP has a 1-year low of $65.99 and a 1-year high of $163.35. The firm has a market cap of $2.44 billion, a price-to-earnings ratio of 19.22 and a beta of -0.02. The company has a 50-day moving average of $130.48 and a 200-day moving average of $126.06.
Institutional Inflows and Outflows
United States Oil Fund News Summary
Here are the key news stories impacting United States Oil Fund this week:
- Positive Sentiment: Geopolitical disruptions remain supportive for USO. Attacks affecting Saudi Arabia’s East-West pipeline, Houthi activity and broader Middle East tensions have threatened crude flows and shipping routes. More than 4 million barrels per day of Saudi export capacity was reportedly at risk, while some physical oil cargoes exceeded $130 per barrel. Oil’s next test: Saudi Arabia races to restore a key safety valve for prices
- Positive Sentiment: U.S. crude inventories reportedly declined for a third consecutive week, another indication of tightening crude availability. However, higher gasoline and distillate inventories may signal weaker product demand or provide some offset. U.S. Crude Oil Stockpiles Post Moderate Draw
- Neutral Sentiment: USO recently reached a new 12-month high as it tracked WTI’s sharp rally, highlighting strong momentum but also leaving the fund vulnerable to volatility and profit-taking. United States Oil Fund Hits 52-Week High
- Negative Sentiment: Oil benchmarks edged lower before the Fed decision, as traders assessed whether interest rates, inflation and Treasury yields could weaken economic activity and fuel demand. Oil Prices Edge Lower Ahead of Fed Decision
- Negative Sentiment: Technical analysts warn that oil’s 2026 surge is approaching major resistance near $110 per barrel, while historical seasonality suggests prices could stall into year-end. Rising gasoline prices may also pressure consumers and eventually reduce demand. Why Oil Bears May Make a Stand as Prices Approach Highs
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.
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