United States Oil Fund (NYSEARCA:USO) Stock Price Passes Below Fifty Day Moving Average – Time to Sell?

United States Oil Fund LP (NYSEARCA:USO) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $135.28 and traded as low as $125.30. United States Oil Fund shares last traded at $125.43, with a volume of 8,451,880 shares trading hands.

Key Headlines Impacting United States Oil Fund

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

• Positive Sentiment: Geopolitical risk remains elevated, and earlier headlines about Iran threatening the Strait of Hormuz and U.S. military assistance in moving oil out of the Persian Gulf could still support crude prices if tensions flare again.
• Positive Sentiment: Some reports suggest Gulf exports may be more resilient than feared, which could reduce the odds of a severe supply shock and help limit extreme volatility in oil markets. Article Title
• Neutral Sentiment: CME plans to offer 24/7 gold and oil trading, a market-structure change that could improve access and liquidity over time, but it is not an immediate driver of USO’s price. Article Title
• Neutral Sentiment: Goldman Sachs cut its 2027 Brent forecast on supply growth and demand concerns, reinforcing a softer longer-term oil backdrop even as near-term prices remain driven by headlines. Article Title
• Negative Sentiment: Multiple reports say crude prices are falling on hopes of a U.S.-Iran deal and a reduced chance of broader conflict, which is the main reason USO is under pressure today. Article Title
• Negative Sentiment: Broader energy-demand headlines are also bearish, including OPEC’s lowered demand-growth forecasts and reports that investors are pulling back from the oil market at a record pace. Article Title

United States Oil Fund Price Performance

The company has a market cap of $1.70 billion, a price-to-earnings ratio of 19.22 and a beta of -0.04. The firm’s fifty day moving average price is $135.28 and its 200-day moving average price is $101.13.

Institutional Investors Weigh In On United States Oil Fund

Several institutional investors have recently bought and sold shares of the stock. Fifth Third Bancorp lifted its holdings in United States Oil Fund by 11.6% in the first quarter. Fifth Third Bancorp now owns 1,116 shares of the company’s stock worth $142,000 after purchasing an additional 116 shares during the period. International Assets Investment Management LLC lifted its holdings in United States Oil Fund by 5.6% in the first quarter. International Assets Investment Management LLC now owns 2,371 shares of the company’s stock worth $294,000 after purchasing an additional 126 shares during the period. HB Wealth Management LLC lifted its holdings in United States Oil Fund by 4.0% in the first quarter. HB Wealth Management LLC now owns 4,318 shares of the company’s stock worth $549,000 after purchasing an additional 168 shares during the period. NewEdge Advisors LLC lifted its holdings in United States Oil Fund by 1.6% in the first quarter. NewEdge Advisors LLC now owns 11,948 shares of the company’s stock worth $924,000 after purchasing an additional 187 shares during the period. Finally, Clear Investment Research LLC lifted its holdings in United States Oil Fund by 14.1% in the third quarter. Clear Investment Research LLC now owns 1,992 shares of the company’s stock worth $147,000 after purchasing an additional 246 shares during the period. Institutional investors and hedge funds own 67.47% of the company’s stock.

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.