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

United States Oil Fund LP (NYSEARCA:USO)’s share price gapped up before the market opened on Monday . The stock had previously closed at $124.82, but opened at $133.37. United States Oil Fund shares last traded at $130.82, with a volume of 7,530,707 shares.

Key Stories Impacting United States Oil Fund

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

• Positive Sentiment: Renewed Hormuz/blockade fears have previously driven sharp rallies in WTI, supporting oil ETFs including USO as a hedge against supply disruptions. Natural Gas and Oil Forecast: WTI Jumps 8% as Hormuz Risks Return – $110 Next?
• Positive Sentiment: President Trump’s threat of a naval blockade of the Strait of Hormuz sparked intraday oil spikes, a tailwind for oil ETF flows and USO positioning. Oil prices surge 7% after Trump’s naval blockade threatens supply: USO, BNO ETFs spike
• Neutral Sentiment: Major oil traders (e.g., BP) are flagging exceptional trading gains amid volatility, underscoring how trading desks can profit from swings—informative for market dynamics but not a direct driver of USO’s NAV. BP flags ‘exceptional’ oil trading performance as Iran war chokes supply
• Negative Sentiment: Hopes for a U.S.–Iran peace deal and reports of resumed talks led to a sharp pullback in WTI, reducing the risk premium that had been lifting oil and triggering selling in oil ETFs like USO. Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Dives 6% On Hopes For Iran Peace Deal
• Negative Sentiment: Analysts and agencies (IEA/OPEC) are turning more cautious on demand—OPEC trimmed Q2 demand forecasts—adding a structural bearish tilt that can pressure oil prices and USO over time. OPEC lowers second-quarter global oil demand forecast on Iran war
• Negative Sentiment: Pre-market commentary flagged that USO and other oil ETFs were sliding as Iran talks resumed and the oil risk premium eased, a direct near-term headwind for USO flows and price. Is oil risk premium peaking? USO, BATL, TPET slide premarket as Iran talks resume, IEA turns bearish on demand
• Negative Sentiment: Traders are balancing supply risks (blockade/fallout) against renewed diplomacy; several market reports show U.S. crude futures slipping as the headlines evolve, increasing short-term volatility for USO. US crude futures fall over $1 as traders weigh supply risks

United States Oil Fund Trading Down 3.6%

The stock’s 50 day moving average price is $103.66 and its 200 day moving average price is $82.61. The company has a market capitalization of $1.90 billion, a price-to-earnings ratio of 19.22 and a beta of -0.08.

Hedge Funds Weigh In On United States Oil Fund

Large investors have recently modified their holdings of the business. Activest Wealth Management acquired a new stake in United States Oil Fund in the 3rd quarter valued at about $28,000. Raymond James Financial Inc. acquired a new stake in United States Oil Fund in the 2nd quarter valued at about $38,000. Financial Consulate Inc. acquired a new stake in United States Oil Fund in the 3rd quarter valued at about $42,000. PNC Financial Services Group Inc. acquired a new stake in United States Oil Fund in the 4th quarter valued at about $48,000. Finally, Advisory Services Network LLC acquired a new stake in United States Oil Fund in the 3rd quarter valued at about $57,000. 67.47% of the stock is currently owned by institutional investors and hedge funds.

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.