United States Oil Fund (NYSEARCA:USO) Stock Price Up 9.6% – Should You Buy?

United States Oil Fund LP (NYSEARCA:USO) rose 9.6% during trading on Friday . The company traded as high as $106.90 and last traded at $105.59. Approximately 14,193,500 shares changed hands during mid-day trading, an increase of 24% from the average daily volume of 11,404,537 shares. The stock had previously closed at $96.31.

Key Headlines Impacting United States Oil Fund

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

• Positive Sentiment: Middle East fighting and threats to Strait of Hormuz have intensified supply fears, lifting crude benchmarks and supporting oil-focused funds like USO. Oil prices rise as Iran conflict widens
• Positive Sentiment: Analysts and forecasters point to a near-term standstill in Hormuz shipping and technical breakouts that pushed Brent/WTI sharply higher, boosting USO’s outlook while traders chase momentum. Natural Gas and Oil Forecast: Hormuz Standstill – Can Brent Bulls Hit $89.57 Next?
• Positive Sentiment: Kuwait and other Gulf producers have cut or curtailed output amid storage and security constraints, tightening near-term supply and underpinning prices. Kuwait Cuts Oil Production as Storage Fills Up
• Positive Sentiment: The U.S. announced a $20B reinsurance program for tankers transiting the Gulf, a sign of sustained disruption risk that coincided with immediate price spikes — a short-term bullish catalyst for oil exposure. Trump admin announces $20 billion reinsurance program for oil tankers during Iran war
• Positive Sentiment: Unusually large call-option activity and direct trader interest in USO signal speculative bullish positioning that amplifies upside for the ETF. (Market note: 188,717 calls traded on Thursday; traders also highlighted USO on TipRanks.) Traders Boost United States Oil Fund LP Stock (USO) on a Gulf Energy Production Warning
• Neutral Sentiment: Some market voices warn the 30–35% weekly spike could be a blow-off move rather than a sustained trend — increased volatility raises the risk of sharp retracements for oil and USO. Oil Just Spiked 35%: Ride It or Fade It?
• Negative Sentiment: The U.S. is weighing intervention in futures markets and has issued waivers allowing Indian purchases of Russian oil to ease supply tightness — policy tools that could cap or reverse price gains if deployed broadly. US weighs oil futures market action to combat rising energy prices – WH official
• Negative Sentiment: Survey and reporting show some OPEC/Saudi-led output increases planned (ahead of strikes), which could relieve tightness if sustained — a potential headwind for oil and USO. Saudi led OPEC oil output jump ahead of Iran strikes, Reuters survey finds

United States Oil Fund Price Performance

The company’s 50-day moving average is $76.89 and its two-hundred day moving average is $73.61. The firm has a market cap of $1.44 billion, a P/E ratio of 19.22 and a beta of 0.40.

Hedge Funds Weigh In On United States Oil Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. Activest Wealth Management acquired a new stake in shares of United States Oil Fund during the 3rd quarter worth approximately $28,000. Raymond James Financial Inc. acquired a new position in United States Oil Fund during the second quarter valued at approximately $38,000. Financial Consulate Inc. acquired a new position in United States Oil Fund during the third quarter valued at approximately $42,000. PNC Financial Services Group Inc. bought a new stake in United States Oil Fund during the fourth quarter worth $48,000. Finally, Advisory Services Network LLC bought a new stake in United States Oil Fund during the third quarter worth $57,000. 67.47% of the stock is currently owned by institutional investors and hedge funds.

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.