United States Oil Fund (NYSEARCA:USO) Shares Gap Down – Should You Sell?

United States Oil Fund LP (NYSEARCA:USO) gapped down prior to trading on Wednesday . The stock had previously closed at $138.08, but opened at $119.06. United States Oil Fund shares last traded at $119.44, with a volume of 13,490,377 shares trading hands.

Trending Headlines about United States Oil Fund

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

• Positive Sentiment: Investor appetite for oil/commodity ETFs remains elevated — Zacks notes shipping, energy, commodities and volatility ETFs were March’s top performers, signalling continued investor interest in oil-themed products that can support flows into funds like USO over longer horizons. Best-Performing ETF Areas of March
• Neutral Sentiment: Physical markets and big-picture forecasts remain mixed — some crude grades reached near $150 earlier (showing severe supply stress), while analysts and banks warn of high volatility and that prices could remain elevated into 2Q; that mix means USO could see big swings both ways depending on next geopolitical developments. Physical oil prices hit record highs near $150 a barrel as Hormuz crisis worsens
• Neutral Sentiment: Analysts remain split between technical overextension (possible short-term pullbacks) and structural supply concerns that could keep upside risk alive — this creates a volatile trading backdrop for USO rather than a clear directional cue. Iran War Will Keep Oil Prices High Through 2Q, Westpac Says
• Negative Sentiment: Ceasefire eased Hormuz supply risk and WTI plunged (~16% intraday in some reports) to the mid/high-$90s — the primary immediate driver of USO’s decline, since USO tracks oil futures exposure. Natural Gas and Oil Forecast: Oil Crashes 16% as Ceasefire Ends Hormuz Supply Risk
• Negative Sentiment: Major headlines tied to the U.S.-Iran ceasefire prompted big futures selling — Reuters reports U.S. crude futures fell sharply after the announced pause, a direct negative for oil-linked ETFs like USO. US crude futures fall $12.04 to $100.90/bbl after Trump announces two week ceasefire
• Negative Sentiment: Market reactions to the ceasefire show fast re-pricing risk — outlets report premarket plunges in USO and related oil ETFs as investors unwind risk premiums; lingering shipping or geopolitical risks could still cause future reversals, but the immediate effect is downward pressure on USO. USO, TPET, BATL plunge premarket as US-Iran ceasefire drags oil back below $100 — analysts see lingering shipping risks

United States Oil Fund Price Performance

The firm has a market cap of $2.55 billion, a P/E ratio of 19.22 and a beta of 0.16. The stock’s 50 day moving average is $98.85 and its two-hundred day moving average is $80.85.

Institutional Trading of United States Oil Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in USO. Caption Management LLC bought a new stake in United States Oil Fund in the fourth quarter valued at about $5,201,000. Harvest Fund Management Co. Ltd increased its stake in United States Oil Fund by 33.9% in the fourth quarter. Harvest Fund Management Co. Ltd now owns 239,149 shares of the company’s stock valued at $17,030,000 after acquiring an additional 60,569 shares during the period. Jump Financial LLC increased its stake in United States Oil Fund by 67.3% in the second quarter. Jump Financial LLC now owns 131,279 shares of the company’s stock valued at $9,598,000 after acquiring an additional 52,830 shares during the period. Davidson Kempner Capital Management LP bought a new stake in United States Oil Fund in the third quarter valued at about $3,478,000. Finally, Flow Traders U.S. LLC bought a new stake in United States Oil Fund in the third quarter valued at about $3,062,000. 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.