United States Oil Fund (NYSEARCA:USO) Shares Gap Up – Still a Buy?

United States Oil Fund LP (NYSEARCA:USO)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $87.19, but opened at $94.10. United States Oil Fund shares last traded at $94.0230, with a volume of 7,241,479 shares changing hands.

United States Oil Fund News Roundup

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

• Positive Sentiment: Geopolitical escalation in the Middle East has pushed crude prices sharply higher as attacks, shipping disruptions and Strait of Hormuz closure risk tighten near‑term supply — a direct tailwind for USO. Crude Oil Price Analysis – Crude Oil Jumps as War Expands
• Positive Sentiment: Reports that tanker traffic has stalled and Tehran ordered Strait of Hormuz closure risks helped Brent and WTI surge, supporting higher NAVs for oil ETFs like USO. Oil surges for second day, Brent tops $83 after Iran orders Strait of Hormuz closure
• Positive Sentiment: Energy infrastructure attacks and insurance/hauling cost spikes (supertanker rates, insurers dropping war-risk cover) further constrain seaborne flows, keeping upward pressure on crude and benefiting USO exposure. Oil supertanker rates hit all-time high as insurers drop war risk protection in the Middle East
• Positive Sentiment: Analysts and market commentary are re-rating upside for oil (some calling $80–$100 scenarios), which encourages flows into oil ETFs and speculative buying of USO. Oil Rally Gains Momentum: Is $100 the Next Stop as Middle East Tensions Escalate?
• Neutral Sentiment: Stronger oil has lifted inflation expectations and the US Dollar Index, stoking Fed rate‑outlook uncertainty; higher rates or dollar strength can complicate ETF flows even while supporting commodity prices—mixed for USO. US Dollar Forecast: DXY Surges as Oil Spike Fuels Fed Rate Hike Fears
• Neutral Sentiment: U.S. officials say selling Strategic Petroleum Reserve oil is not currently being discussed; absence of SPR relief means tighter market technically, but government intervention remains a potential wildcard. US not currently discussing sale of oil from SPR, source says
• Negative Sentiment: Chinese refiners are bringing forward maintenance and cutting runs in response to supply/shipping disruption — lower refinery throughput can reduce crude demand in the near term and muddy the rally’s durability. Chinese refiners begin run cuts as Iran war tightens oil supply
• Negative Sentiment: Heightened market volatility and strains on emerging‑market balances could reduce risk appetite and ETF inflows, creating short‑term reversals for oil‑linked products despite higher spot prices. Oil shock could strain emerging markets beyond inflation, analysts say

United States Oil Fund Stock Performance

The stock has a market capitalization of $1.21 billion, a P/E ratio of 19.22 and a beta of 0.40. The firm has a fifty day moving average price of $74.74 and a two-hundred day moving average price of $72.94.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Activest Wealth Management bought a new position in shares of United States Oil Fund in the 3rd quarter valued at about $28,000. Raymond James Financial Inc. bought a new position in shares of United States Oil Fund during the 2nd quarter valued at approximately $38,000. Financial Consulate Inc. purchased a new position in United States Oil Fund during the third quarter worth $42,000. PNC Financial Services Group Inc. purchased a new position in shares of United States Oil Fund during the fourth quarter worth approximately $48,000. Finally, Advisory Services Network LLC bought a new position in United States Oil Fund in the third quarter worth approximately $57,000. 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.