United States Oil Fund (NYSEARCA:USO) Shares Gap Up – Should You Buy?

United States Oil Fund LP (NYSEARCA:USO) gapped up before the market opened on Thursday . The stock had previously closed at $108.05, but opened at $115.69. United States Oil Fund shares last traded at $116.51, with a volume of 22,762,872 shares traded.

Key Headlines Impacting United States Oil Fund

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

• Positive Sentiment: Heightened supply risk from the U.S.-Iran conflict and continued closure/disruption around the Strait of Hormuz is keeping oil bids strong, supporting oil ETFs like USO. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs As U.S. Intensifies Strikes Against Iran
• Positive Sentiment: Market reaction shows emergency reserve releases have not calmed prices; that persistent upside and volatility boost demand for crude ETFs as a direct play on spot moves. Oil surges over 7% despite record reserve release announcement as markets doubt supply relief
• Positive Sentiment: Short-term technical momentum and trader bets (high odds of $100 crude by month-end) increase speculative flows into energy ETFs; analysts flagged potential further runway for WTI. Traders put 72% odds on oil returning to $100 as Iran conflict hits new phase
• Positive Sentiment: Market commentary highlights an “unprecedented” USO surge and historical precedents where USO moves preceded larger energy-sector gains, drawing trading attention to USO. Crude Oil Jump, USO vs XLE & Energy Names to Watch
• Neutral Sentiment: U.S. and IEA releases of oil from strategic reserves (and temporary licenses to buy stranded Russian cargoes) are attempting to ease the shortage — a mixed signal that so far has not fully dented price support. US to release 172 million barrels of oil from strategic petroleum reserve
• Neutral Sentiment: The U.S. issued a 30-day license to buy Russian oil stranded at sea, which briefly eased supply concerns and pushed prices lower; effect may be temporary given ongoing Gulf risks. Oil drops after US issues license for countries to buy Russian oil stranded at sea for 30 days
• Negative Sentiment: A stronger U.S. dollar and delayed Fed rate-cut expectations (as safe-haven flows lift yields) create headwinds for commodities, which could pressure oil and USO if sustained. US Dollar Forecast: DXY Breaks Higher as Oil Surge and Iran Tensions Boost Demand
• Negative Sentiment: Technical analysts warn of short-term corrections and resistance near recent highs; profit-taking or successful reserve releases could trigger quick pullbacks in USO. Oil Prices Edge Lower on Likely Technical Correction

United States Oil Fund Stock Up 1.3%

The firm has a 50 day simple moving average of $81.09 and a 200-day simple moving average of $74.90. The company has a market cap of $1.58 billion, a PE ratio of 19.22 and a beta of 0.40.

Institutional Trading of United States Oil Fund

A number of institutional investors have recently modified their holdings of USO. Arete Wealth Advisors LLC raised its stake in shares of United States Oil Fund by 30.2% during the 3rd quarter. Arete Wealth Advisors LLC now owns 34,408 shares of the company’s stock worth $2,538,000 after acquiring an additional 7,971 shares in the last quarter. SG Americas Securities LLC acquired a new stake in United States Oil Fund in the third quarter valued at approximately $1,138,000. Jump Financial LLC boosted its stake in United States Oil Fund by 67.3% in the second quarter. Jump Financial LLC now owns 131,279 shares of the company’s stock valued at $9,598,000 after acquiring an additional 52,830 shares in the last quarter. Compass Wealth Management LLC purchased a new position in United States Oil Fund in the third quarter worth $2,709,000. Finally, Envestnet Asset Management Inc. grew its holdings in United States Oil Fund by 17.8% in the second quarter. Envestnet Asset Management Inc. now owns 12,817 shares of the company’s stock worth $937,000 after purchasing an additional 1,941 shares during the last quarter. 67.47% of the stock is currently owned by institutional investors.

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.