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

United States Oil Fund LP (NYSEARCA:USO) gapped up prior to trading on Thursday . The stock had previously closed at $124.09, but opened at $139.27. United States Oil Fund shares last traded at $138.70, with a volume of 13,008,309 shares traded.

United States Oil Fund News Summary

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

• Positive Sentiment: President Trump said the U.S. will continue striking Iran for “two to three weeks,” keeping geostrategic supply risk front-and-center and supporting crude prices and oil ETF flows. Trump vows strikes for ‘two to three weeks’ more on Iran
• Positive Sentiment: Oil prices have spiked (WTI/Brent moving into the $100+/$105 area), driving significant inflows into crude ETFs like USO as traders chase exposure to higher front?month futures. Natural Gas and Oil Forecast: Oil Surges to $105
• Positive Sentiment: IEA and major banks warn of an intensifying supply shock linked to Strait of Hormuz disruptions, underpinning a bullish structural narrative for oil that benefits USO exposure. Oil supply crunch will worsen in April, IEA warns
• Neutral Sentiment: OPEC+ sources say ministers may consider adding output at an upcoming meeting — a possible offset to tightness if implemented, but outcomes remain uncertain. OPEC+ likely to weigh further oil output hike
• Neutral Sentiment: Equity futures were pressured as oil surged, creating broader market risk that can amplify short-term flows in ETFs (liquidity/ETP rebalancing effects). Nasdaq set to fall as oil surges after Trump says we will ‘hit Iran extremely hard’
• Negative Sentiment: U.S. crude stocks posted a sixth straight weekly build, a reminder that domestic inventory dynamics can cap rallies and weigh on short-term oil prices and USO. U.S. Crude Oil Supplies Post Sixth Straight Weekly Build
• Negative Sentiment: Analysts warn a prolonged conflict could trigger oil demand destruction or rationing risks, which would ultimately pressure prices and be negative for oil ETFs if realized. Trump’s Iran timeline may not be short enough to avoid oil demand destruction
• Negative Sentiment: Earlier hopes of a quick U.S. pullback from the Iran conflict briefly pushed prices lower, highlighting downside risk if de?escalation gains traction. Oil prices drop on hopes of US pullback from Iran war

United States Oil Fund Price Performance

The firm’s fifty day moving average price is $93.69 and its 200-day moving average price is $79.03. The company has a market cap of $1.81 billion, a price-to-earnings ratio of 19.22 and a beta of 0.40.

Institutional Investors Weigh In On United States Oil Fund

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