United States Oil Fund (NYSEARCA:USO) Sets New 1-Year High – Should You Buy?

United States Oil Fund LP (NYSEARCA:USO) shares reached a new 52-week high during mid-day trading on Saturday . The company traded as high as $125.30 and last traded at $124.20, with a volume of 32606633 shares trading hands. The stock had previously closed at $117.26.

United States Oil Fund News Summary

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

• Positive Sentiment: Traders are pricing in a prolonged U.S.–Iran conflict, sending oil sharply higher as markets discount a longer disruption to Middle Eastern supply. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies 5% As Traders Bet On A Long War In The Middle East
• Positive Sentiment: Reuters survey: analysts see oil staying elevated across Iran-war scenarios (Strait of Hormuz closure and attacks on regional output could push prices much higher), supporting continued upside for oil ETFs. Oil prices to stay elevated across Iran war scenarios
• Positive Sentiment: Crude futures flipped higher as war risk and tightening inventories pushed traders into near-month contracts, boosting the front-end oil curve that USO is most exposed to. Oil News: Crude Oil Futures Flip Higher as War Risk Lifts Oil Outlook
• Positive Sentiment: Prediction-market and sentiment data show rising odds of a further military escalation, which raises the risk premium on oil and supports pro‑oil vehicles like USO. Polymarket bettors put 62% odds on US forces entering Iran by April 30 as oil traders brace for $200 a barrel
• Neutral Sentiment: USO released its 2025 audited financial statements — a routine transparency item that reduces reporting uncertainty but is unlikely to materially change the fund’s oil-price-driven performance. United States Oil Fund Releases 2025 Audited Financial Statements
• Negative Sentiment: Intermittent headlines that diplomatic progress or a pause in attacks (e.g., reports Trump paused strikes) can quickly shave risk premia from oil — such developments can trigger volatility and temporary pullbacks in USO. Oil prices fall as Trump pauses attacks on Iranian energy plants
• Negative Sentiment: Rising oil-driven inflation fears have lifted the odds of further Fed tightening, which could cool global demand over time and pressure crude — a longer-term headwind for oil-sensitive ETFs if demand is impaired. Markets see the Fed’s next move as a potential hike as oil prices surge, inflation fears rise

United States Oil Fund Stock Up 5.9%

The stock has a market capitalization of $1.64 billion, a P/E ratio of 19.22 and a beta of 0.40. The firm has a 50-day moving average of $90.41 and a 200 day moving average of $77.88.

Hedge Funds Weigh In On United States Oil Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Quadrature Capital Ltd boosted its position in shares of United States Oil Fund by 1,005.7% during the 2nd quarter. Quadrature Capital Ltd now owns 342,680 shares of the company’s stock valued at $25,053,000 after acquiring an additional 311,687 shares in the last quarter. Caption Management LLC bought a new position in United States Oil Fund during the fourth quarter worth about $5,201,000. Harvest Fund Management Co. Ltd lifted its stake in United States Oil Fund by 33.9% during the fourth quarter. Harvest Fund Management Co. Ltd now owns 239,149 shares of the company’s stock worth $17,030,000 after purchasing an additional 60,569 shares during the period. Jump Financial LLC boosted its holdings in United States Oil Fund by 67.3% during the second quarter. Jump Financial LLC now owns 131,279 shares of the company’s stock valued at $9,598,000 after purchasing an additional 52,830 shares in the last quarter. Finally, Davidson Kempner Capital Management LP acquired a new stake in United States Oil Fund during the third quarter valued at approximately $3,478,000. 67.47% of the stock is 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.