United States Oil Fund (NYSEARCA:USO) Shares Gap Down – Time to Sell?

United States Oil Fund LP (NYSEARCA:USO)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $158.38, but opened at $152.50. United States Oil Fund shares last traded at $153.03, with a volume of 1,842,467 shares trading hands.

Key United States Oil Fund News

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

• Positive Sentiment: Supply-disruption concerns remain the primary bullish catalyst. The IEA said the 2026 global oil supply gap could deepen as the conflict involving Iran delays the return of normal Gulf flows into 2027. Attacks and security risks around the Red Sea, Bab al-Mandeb and Strait of Hormuz are increasing fears of prolonged export disruptions. IEA says global 2026 oil supply gap will deepen
• Positive Sentiment: OPEC production reportedly declined in August because of disruptions affecting Saudi exports and restrictions on Iranian shipments. Separately, Chinese independent refiners have been securing replacement crude from other regions, supporting physical oil-market premiums and indicating persistent demand for available supply. OPEC oil output falls in August
• Neutral Sentiment: WTI recently reclaimed $100 per barrel and Brent remained above that level, but both benchmarks are retreating after substantial weekly gains. Analysts still describe the technical outlook as bullish, with traders looking to buy pullbacks while supply risks remain elevated. WTI Crude Oil and Brent Forecast
• Neutral Sentiment: The Shanghai Futures Exchange will adjust trading limits for certain oil contracts beginning September 14. The measure could affect short-term futures liquidity and volatility, but its ultimate impact on USO is uncertain. Shanghai exchange adjusts oil futures trading limits
• Negative Sentiment: Near-term profit-taking is weighing on USO after the oil surge. The decline follows a multi-day rally and comes as traders assess whether geopolitical supply fears are already reflected in crude prices. Oil prices fall sharply after double-digit weekly gains
• Negative Sentiment: OPEC lowered its 2026 oil-demand growth forecast for a fifth consecutive time, to 380,000 barrels per day from 580,000. Record U.S. production and concerns that oil above $100 could worsen inflation and delay interest-rate cuts also limit the upside for oil-linked funds. OPEC lowers 2026 oil-demand forecast

United States Oil Fund Stock Down 3.2%

The firm has a market capitalization of $2.39 billion, a P/E ratio of 19.22 and a beta of -0.02. The business’s 50 day moving average is $127.36 and its two-hundred day moving average is $124.42.

Institutional Investors Weigh In On United States Oil Fund

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Fifth Third Bancorp grew its stake in shares of United States Oil Fund by 11.6% in the first quarter. Fifth Third Bancorp now owns 1,116 shares of the company’s stock valued at $142,000 after acquiring an additional 116 shares in the last quarter. International Assets Investment Management LLC lifted its stake in United States Oil Fund by 5.6% during 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 last quarter. HB Wealth Management LLC boosted its stake in shares of United States Oil Fund by 4.0% in the 1st quarter. HB Wealth Management LLC now owns 4,318 shares of the company’s stock valued at $549,000 after purchasing an additional 168 shares in the last quarter. NewEdge Advisors LLC grew its position in United States Oil Fund by 1.6% during 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. Finally, Scotia Capital Inc. grew its holdings in United States Oil Fund by 6.5% during the 3rd quarter. Scotia Capital Inc. now owns 4,562 shares of the company’s stock worth $336,000 after acquiring an additional 278 shares during the last quarter. 67.47% of the stock is owned by institutional investors and hedge funds.

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.