United States Oil Fund (NYSEARCA:USO) Trading Up 9.6% – Here’s Why

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

Key United States Oil Fund News

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

• Positive Sentiment: Middle East conflict and Strait of Hormuz disruptions are driving a broad oil rally, lifting crude benchmarks and supporting oil-focused ETFs like USO. Crude Oil Surges on Middle East War Risk as Supply Disruptions Point to $100 Target
• Positive Sentiment: Direct market-interest flows into USO: traders boosted the ETF after a Gulf energy production warning, increasing buying interest in the fund. Traders Boost United States Oil Fund LP Stock (USO) on a Gulf Energy Production Warning
• Positive Sentiment: Large options activity: unusually high call buying (188,717 calls) signals speculative bullish positioning that can amplify short-term inflows and volatility in USO.
• Neutral Sentiment: Oil markets remain volatile: some reports show supply-side moves (e.g., OPEC/Saudi output changes) that could offset bullish geopolitics, creating mixed near-term signals for prices. Saudi led OPEC oil output jump ahead of Iran strikes, Reuters survey finds
• Neutral Sentiment: U.S. policy actions under consideration — waivers for Indian purchases and talk of futures-market intervention — add uncertainty: they could cap prices if implemented, but timing and scale are unclear. Oil falls as US may intervene in futures market, issues waiver for Russian purchases
• Negative Sentiment: Supply-management signs and storage issues (e.g., Kuwait cutting output due to storage capacity) point to demand/supply imbalances that could blunt a sustained price rally, which would be negative for USO if realized. Kuwait Cuts Oil Production as Storage Fills Up
• Negative Sentiment: Signs that policy or market stopgaps (U.S. interventions, waivers, or profit-taking) can quickly cool the rally — recent headlines show prices dipping when such measures are discussed. Oil rally resumes after brief dip in prices as Brent tops $87 a barrel

United States Oil Fund Trading Up 11.5%

The firm’s 50-day moving average price is $76.08 and its 200 day moving average price is $73.36. The company has a market cap of $1.42 billion, a price-to-earnings ratio of 19.22 and a beta of 0.40.

Institutional Trading of United States Oil Fund

Several institutional investors and hedge funds have recently made changes to their positions in the company. NewEdge Advisors LLC increased its holdings in United States Oil Fund by 1.6% in the 1st quarter. NewEdge Advisors LLC now owns 11,948 shares of the company’s stock worth $924,000 after acquiring an additional 187 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in United States Oil Fund by 17.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 12,817 shares of the company’s stock worth $937,000 after buying an additional 1,941 shares during the period. Sigma Planning Corp purchased a new position in United States Oil Fund in the 2nd quarter valued at approximately $779,000. Bank of Montreal Can raised its holdings in United States Oil Fund by 43.8% during the 2nd quarter. Bank of Montreal Can now owns 14,069 shares of the company’s stock valued at $1,029,000 after acquiring an additional 4,283 shares during the period. Finally, CENTRAL TRUST Co lifted its position in shares of United States Oil Fund by 55.7% during the second quarter. CENTRAL TRUST Co now owns 2,459 shares of the company’s stock worth $180,000 after acquiring an additional 880 shares in the last quarter. Hedge funds and other institutional investors own 67.47% of the company’s stock.

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.