United States Oil Fund (NYSEARCA:USO) Shares Gap Up – Time to Buy?

Shares of United States Oil Fund LP (NYSEARCA:USO) gapped up before the market opened 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.

More United States Oil Fund News

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

• Positive Sentiment: Geopolitical escalation from President Trump’s speech and warnings of continued strikes pushed oil sharply higher, directly supporting oil‑linked ETFs like USO. Trump’s Iran war speech paints a grim picture for oil markets
• Positive Sentiment: Brent spot (for actual cargo) surged to ~$141, signaling tight near‑term physical supply — bullish for USO because stronger physical prices tend to lift front‑month futures exposure. Brent oil spot price for actual cargo soars to $141
• Positive Sentiment: J.P. Morgan warns oil could top $150 if Strait of Hormuz disruptions continue into mid‑May — a scenario that would likely drive further gains in USO. J.P. Morgan warns oil could top $150
• Positive Sentiment: Multiple market analysts and technical reports point to a breakout cycle for crude (WTI clearing $112 and modeling moves toward $120+), which supports continued upside for USO. Will NFP Data Fuel WTI’s Breakout to $120?
• Positive Sentiment: USO itself hit a new 1‑year high on the rally, reflecting investor flows into crude ETFs as a hedge/leveraged play on the oil squeeze. United States Oil Fund Reaches New 1-Year High
• Neutral Sentiment: OPEC+ is considering an output increase if the Strait reopens — such a move could cap prices over time, making the rally conditional on continued disruption. OPEC+ likely to weigh further oil output hike
• Negative Sentiment: Concerns about demand destruction, energy rationing and the possibility of a quicker U.S. pullback from Iran could reverse some gains if sentiment shifts — these macro risks add volatility to USO. Trump’s Iran timeline may not be short enough to avoid oil demand destruction
• Negative Sentiment: Periods of short‑term profit‑taking have already shown up (prices briefly fell on hopes of a US pullback), so USO may face intermittent pullbacks amid headline shifts. Oil prices drop on hopes of US pullback

United States Oil Fund Price Performance

The stock has a market capitalization of $2.89 billion, a price-to-earnings ratio of 19.22 and a beta of 0.40. The firm has a 50-day moving average of $96.29 and a 200 day moving average of $79.88.

Hedge Funds Weigh In On United States Oil Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in USO. Ionic Capital Management LLC acquired a new stake in United States Oil Fund during the fourth quarter worth approximately $244,000. Caption Management LLC bought a new position in shares of United States Oil Fund during the fourth quarter worth approximately $5,201,000. Cetera Investment Advisers increased its stake in shares of United States Oil Fund by 50.8% during the fourth quarter. Cetera Investment Advisers now owns 16,809 shares of the company’s stock worth $1,163,000 after purchasing an additional 5,662 shares during the period. Kovack Advisors Inc. acquired a new stake in United States Oil Fund during the 4th quarter worth approximately $307,000. Finally, Advisory Services Network LLC lifted its holdings 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 worth $264,000 after purchasing an additional 3,043 shares during the last quarter. 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.