United States Oil Fund (NYSEARCA:USO) Shares Gap Up – Here’s Why

United States Oil Fund LP (NYSEARCA:USO) gapped up before the market opened on Tuesday . The stock had previously closed at $110.56, but opened at $115.23. United States Oil Fund shares last traded at $114.25, with a volume of 9,850,276 shares changing hands.

United States Oil Fund News Summary

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

• Positive Sentiment: Escalating U.S.-Israel-Iran developments are pushing a geopolitical risk premium back into crude prices, which supports USO’s rise. Oil Prices Are Rising Tuesday: What’s Happening?
• Positive Sentiment: Markets are pricing renewed supply fears after Iran denied talks with the U.S., lifting Brent above $100 and supporting oil-linked ETFs like USO. Oil rises as markets assess supply risks after Iran denies US talks
• Positive Sentiment: Russia shelved plans to lower its oil-price threshold for a reserve fund, signaling recent price strength — a bullish backdrop for oil ETFs. Russia shelves plan to cut oil price budget rule this year
• Neutral Sentiment: Exchange data show roughly $500–580M of oil bets hit the market minutes before President Trump’s announcement that shifted Iran-related risk perceptions — this explains today’s surge in trading volumes but the market impact is ambiguous. Traders bet $500 million on oil price just before Trump’s post
• Neutral Sentiment: USO released audited 2025 results amid ongoing legal uncertainty — relevant for holders but not the main driver of today’s oil-price-led move. USO Reports 2025 Audited Results Amid Legal Uncertainty
• Negative Sentiment: India’s Reliance bought 5 million barrels of Iranian crude after a temporary U.S. waiver — an incremental supply source that could dampen price gains and pressure USO. India’s Reliance buys 5 million barrels of Iranian oil after US waiver
• Negative Sentiment: Governments (Japan, IEA consultations) are preparing or discussing releases from strategic stockpiles to blunt a supply shock — such coordination tends to cap price spikes and is a headwind for USO. Japan to start releasing oil from joint stockpiles by end-March, PM says IEA consulting with governments on further oil stock releases

United States Oil Fund Trading Up 4.5%

The firm has a 50 day moving average price of $86.79 and a 200 day moving average price of $76.69. The stock has a market capitalization of $1.53 billion, a PE ratio of 19.22 and a beta of 0.40.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Quadrature Capital Ltd grew its position in United States Oil Fund by 1,005.7% in the second quarter. Quadrature Capital Ltd now owns 342,680 shares of the company’s stock worth $25,053,000 after acquiring an additional 311,687 shares in the last quarter. Caption Management LLC bought a new position in shares of United States Oil Fund during the 4th quarter valued at approximately $5,201,000. Harvest Fund Management Co. Ltd raised its holdings in United States Oil Fund by 33.9% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 239,149 shares of the company’s stock valued at $17,030,000 after buying an additional 60,569 shares during the period. Jump Financial LLC lifted its position 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 worth $9,598,000 after buying an additional 52,830 shares during the last quarter. Finally, Davidson Kempner Capital Management LP purchased a new position in United States Oil Fund during the third quarter worth $3,478,000. Institutional investors 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.