United States Oil Fund (NYSEARCA:USO) Trading 9.3% Higher – Time to Buy?

Shares of United States Oil Fund LP (NYSEARCA:USO) traded up 9.3% during mid-day trading on Monday . The company traded as high as $118.91 and last traded at $118.85. Approximately 8,825,761 shares changed hands during mid-day trading, a decline of 56% from the average session volume of 20,121,201 shares. The stock had previously closed at $108.70.

Key United States Oil Fund News

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

• Positive Sentiment: Oil prices surged after U.S. strikes on Iranian targets, a naval blockade of Iranian ports, and retaliatory actions raised the risk of supply disruptions through the Strait of Hormuz. Oil climbs to one-month high as US, Iran step up attacks in Strait of Hormuz
• Positive Sentiment: Multiple outlets reported crude at or near one-month highs, with Brent moving above $85 and WTI eyeing higher levels as markets price in tighter supply and higher transport costs. Oil Back Above $85 a barrel, U.S. Stock Futures Mixed
• Positive Sentiment: OPEC further lowered its 2026 demand-growth forecast, but the cut still underscores a volatile backdrop where geopolitical risk is dominating pricing and keeping oil elevated. OPEC further lowers 2026 global oil demand growth forecast
• Neutral Sentiment: The IMF said the world economy has less cushion against an oil disruption, highlighting how sensitive markets are to any prolonged supply shock from the Middle East. IMF Sees Reduced Cushion Against Oil Disruption for Global Economy
• Neutral Sentiment: China refiners reportedly shifted toward cheaper crude and reduced fuel-oil demand after the U.S.-Iran war, which could reshape product flows but mainly reinforces uncertainty across the oil market. China refineries seek less fuel oil as they opt for cheaper crude, sources say

United States Oil Fund Stock Performance

The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of 19.22 and a beta of -0.01. The firm’s 50-day moving average price is $125.75 and its two-hundred day moving average price is $107.68.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Hamilton Wealth LLC bought a new stake in United States Oil Fund during the first quarter worth about $55,001,000. Bank of America Corp DE raised its stake in shares of United States Oil Fund by 117.1% in the first quarter. Bank of America Corp DE now owns 143,881 shares of the company’s stock valued at $18,309,000 after acquiring an additional 77,617 shares during the last quarter. Caption Management LLC bought a new position in shares of United States Oil Fund in the fourth quarter valued at approximately $5,201,000. Harvest Fund Management Co. Ltd boosted its holdings in shares of United States Oil Fund by 33.9% in the 4th quarter. Harvest Fund Management Co. Ltd now owns 239,149 shares of the company’s stock worth $17,030,000 after acquiring an additional 60,569 shares in the last quarter. Finally, Parker Investment Management LLC acquired a new position in shares of United States Oil Fund in the 1st quarter worth approximately $6,364,000. 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.