United States Oil Fund (USO) ETF price, news and key stats

Price

Last trade as of Sep 16, 2026. Delayed data; not a live quote.

Previous close

$161.89

Open

$159.15

Day range

$154.62 – $159.15

Volume

76.9K

52-week range

$65.99 – $163.35

Avg. volume

5.9M

Fund facts

Category

Commodities Focused

Fund family

USCF Investments

Expense ratio

0.86%

Total assets

$1.9B

Inception

Apr 10, 2006

About United States Oil Fund

Latest USO news

• Ukrainian drone evades Russian helicopter fire to strike oil tanker
  Al Jazeera · Sep 13, 2026

  A Ukrainian drone successfully evaded fire from a Russian helicopter to strike an oil tanker in the Black Sea, marking a significant escalation in the ongoing conflict between Ukraine and Russia. The incident underscores the increasing sophistication and effectiveness of Ukraine's drone warfare capabilities, which have become a pivotal element of its military strategy. This attack not only disrupts Russian supply lines but also raises concerns about the security of maritime operations in the region. The implications for global oil markets could be substantial, as the Black Sea is a critical route for oil and gas shipments. Disruptions in this area may lead to increased volatility in oil prices, particularly if further attacks occur or if shipping routes become more dangerous. Analysts suggest that continued Ukrainian drone operations could prompt a reassessment of maritime security protocols and insurance costs for vessels operating in the Black Sea, potentially leading to higher shipping rates and impacting global supply chains. As the conflict persists, stakeholders in the energy sector will be closely monitoring developments to gauge their potential impact on market dynamics.

• Russian strikes kill two in Kyiv as Moscow targets capital’s fuel stations
  Al Jazeera · Sep 11, 2026

  Russian airstrikes in Kyiv have resulted in the deaths of two individuals, marking a significant escalation in the ongoing conflict between Ukraine and Russia. The strikes, which specifically targeted fuel stations in the capital, have raised concerns about the potential for further civilian casualties and damage to critical infrastructure. This attack comes amid heightened tensions as Ukraine continues to defend its territory against Russian aggression. The implications for the market are multifaceted. Energy prices may experience volatility as fears of supply disruptions grow, particularly in light of the strikes on fuel facilities. Additionally, investor sentiment could be negatively affected, leading to increased risk aversion in global markets. As the conflict persists, geopolitical risks remain a key factor influencing economic stability in the region, with potential ripple effects on international trade and investment strategies.

• Iran and Ukraine wars: Why ship fuel is running short, and why it matters
  Al Jazeera · Sep 7, 2026

  The ongoing conflicts in Ukraine and Iran are significantly impacting global fuel supplies, particularly for maritime shipping. With crude oil availability dwindling, refiners are increasingly prioritizing diesel production over bunker fuel, which is essential for ships. This shift has led to a notable shortage of fuel for vessels, raising concerns about the potential for increased shipping costs and disruptions in global trade. The situation is exacerbated by heightened tensions in the Strait of Hormuz, a critical chokepoint for oil transport. Recent attacks on tankers by both the U.S. and Iran have further destabilized the region, creating uncertainty around oil supply routes. As Iran announces plans for a restricted zone in the Strait, questions remain about its ability to enforce such measures amid escalating hostilities. The combination of reduced crude output due to the war in Ukraine and Iranian aggression is likely to lead to higher fuel prices and could strain supply chains, affecting industries reliant on maritime transport. Market analysts warn that if these conflicts continue to disrupt oil production and refining capabilities, the implications could be severe, not only for shipping companies but also for consumers facing rising costs. The global energy crisis, fueled by geopolitical tensions, is poised to deepen, making it increasingly critical for stakeholders to monitor developments in these regions closely.

• Average San Diego County gas price rises to highest amount since June 9
  Oil & Gas · Sep 4, 2026

  The average gas price in San Diego County has surged to $5.72 per gallon, marking the highest level since June 9. This increase comes as prices have risen for five consecutive days, driven primarily by the recent geopolitical tensions following the joint U.S./Israel attack on Iran, which began on February 28. Since that date, local gas prices have climbed $1.212, reflecting a broader trend of rising oil prices that has affected markets nationwide. Nationally, the average gas price has also seen significant increases, up $1.096 since the onset of the conflict, and currently stands at its highest point for this time of year. In San Diego, prices have risen by 2.8 cents over the past week, 9.3 cents over the past month, and a substantial $1.125 compared to the same period last year. These rising costs at the pump could have implications for consumer spending and inflation, as higher fuel prices often lead to increased costs for goods and services, potentially impacting economic growth in the region.

• Hormuz Shipping Slumps as U.S.-Iran Strikes Rattle Oil Markets
  OilPrice · Sep 2, 2026

  Shipping traffic through the Strait of Hormuz has experienced a significant downturn amid escalating tensions between the U.S. and Iran, marked by recent military strikes and ongoing threats to Gulf oil exports. The Strait, a critical chokepoint for global oil shipments, has seen a notable decline in tanker activity, with reports indicating that only 40 vessels were active over the weekend. This decline comes as the U.S. prepares to implement a robust economic offensive against Iran, further heightening market uncertainty. In response to these developments, oil prices have surged, reflecting concerns over potential supply disruptions. The market is reacting to the precarious situation, with traders closely monitoring the geopolitical landscape. Analysts suggest that if tensions continue to escalate, the already constrained oil supplies could face additional pressure, potentially leading to further price increases. The situation remains fluid, and the lack of a peace agreement between the two nations raises the risk of sustained volatility in oil markets.

• The $3 trillion oil market is becoming more accessible than ever: No longer a 'rich man's game'
  CNBC Top News · Sep 1, 2026

  The $3 trillion oil market is experiencing a significant shift as accessibility for individual investors increases, marking a departure from its historical perception as a domain reserved for wealthy players. Innovations such as smaller futures contracts and the proliferation of exchange-traded funds (ETFs) are enabling a broader range of investors to participate in oil trading. Additionally, the rise of online brokerages has further lowered barriers, allowing retail investors to engage in the market with minimal capital. This democratization of oil trading could have substantial implications for market dynamics. As more individual investors enter the fray, the liquidity of oil futures and related financial products may increase, potentially leading to more volatile price movements. Furthermore, the influx of retail investors could influence trading strategies and market sentiment, as these participants often react differently compared to institutional investors. The shift may also prompt greater scrutiny from regulators as the market evolves to accommodate a more diverse investor base. Overall, the oil market's transformation into a more accessible arena could reshape investment strategies and risk profiles for both individual and institutional players alike.

• Trump's Iran "D-Day" leaves sanctions hammer hanging
  Geopolitics · Aug 25, 2026

  President Trump's much-anticipated "economic D-Day" for Iran, which was expected to deliver a decisive blow to the country's economy through renewed sanctions, ultimately resulted in an extended ultimatum rather than immediate action. The administration's strategy appears to hinge on pressuring Iran to renegotiate its nuclear deal, but the lack of concrete measures has left markets and analysts in a state of uncertainty. The implications for global markets are significant, particularly in the oil sector. Iran's oil exports, which have already been heavily impacted by existing sanctions, could face further restrictions if the U.S. moves forward with its threats. However, the absence of immediate sanctions may lead to short-term stability in oil prices as traders assess the situation. Additionally, the geopolitical landscape remains tense, with potential repercussions for U.S. relations with allies who may be wary of escalating tensions in the region. As the situation develops, investors will be closely monitoring any signs of a shift in U.S. policy or Iranian responses, which could lead to volatility in both energy markets and broader financial indices. The ongoing stalemate underscores the complexities of U.S.-Iran relations and the challenges of enforcing economic pressure without triggering wider conflict.

• Energy sector is in focus because of Iran, AI and California. Here are hedge funds' top plays
  CNBC · Aug 21, 2026

  The energy sector is drawing significant attention from hedge funds, driven by geopolitical tensions surrounding Iran, advancements in artificial intelligence, and regulatory developments in California. These factors are reshaping the investment landscape, prompting hedge funds to identify key stocks poised for substantial growth. Notably, one hedge fund has highlighted a particular energy stock with a projected upside of 65%, underscoring the potential for lucrative returns amid a volatile market environment. Geopolitical uncertainties, particularly regarding Iran's oil exports, have created a ripple effect in global energy prices, influencing hedge fund strategies. The anticipated impact of AI on energy efficiency and production processes is also a critical consideration, as firms look to leverage technology to enhance profitability. Additionally, California's regulatory framework, which aims to transition toward renewable energy sources, presents both challenges and opportunities for traditional energy companies and their investors. As hedge funds position themselves in this dynamic sector, market participants are closely monitoring these developments. The interplay between geopolitical factors, technological advancements, and regulatory changes could lead to significant volatility in energy stocks, making it imperative for investors to stay informed about the evolving landscape.

• Washington Eases Gasoline Rules as Iran Pressure Campaign Jolts Fuel Costs
  Oil & Gas · Aug 20, 2026

  The Biden administration has announced a relaxation of certain gasoline regulations amid rising fuel costs, which have surpassed $4 per gallon for many Americans. This decision comes as the U.S. intensifies its pressure campaign against Iran, aiming to curb its oil exports and influence in the region. By easing restrictions on gasoline blending and distribution, the government hopes to alleviate some of the financial strain on consumers and businesses facing higher fuel prices. Market analysts suggest that this dual approach could have significant implications for both domestic fuel supply and international oil markets. Easing regulations may increase the availability of gasoline in the short term, potentially stabilizing prices domestically. However, the ongoing sanctions against Iran could lead to tighter global oil supplies, especially if other nations align with U.S. policy. As a result, while consumers may see temporary relief, the broader market could remain volatile, influenced by geopolitical tensions and fluctuating demand.

• Oil Is Up 86% in 2026. The 4% Toll-Collector Fund Beats Chasing Crude - 24/7 Wall St.
  Oil & Gas · Aug 13, 2026

  Oil prices have surged by 86% in 2026, reflecting a significant rebound in the energy sector amid ongoing geopolitical tensions and supply chain disruptions. This dramatic increase has led investors to reassess their strategies in the commodities market, particularly in the midstream sector. Notably, the EPD fund has emerged as a strong alternative for those looking to capitalize on the oil boom without directly chasing crude prices. EPD, a midstream energy company, offers a competitive yield of over 5% and has consistently raised its distributions for 27 consecutive quarters. Unlike other funds, EPD does not impose management fees, making it an attractive option for income-focused investors. In contrast, the USO fund, which tracks crude oil prices, has seen its returns overshadowed by EPD's performance, highlighting the potential benefits of investing in midstream assets over direct commodity exposure. The market implications of this trend suggest a shift in investor sentiment towards more stable, income-generating investments in the energy sector. As oil prices continue to fluctuate, midstream companies like EPD may provide a more resilient investment strategy, particularly for those wary of the volatility associated with direct oil investments. This shift could lead to increased capital inflows into midstream funds, further solidifying their position as a preferred choice in the current market landscape.

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