7-Aug-2026
No press releases found.
Iran says Hormuz deal close amid attack on UAE tanker
Seeking Alpha News (Sat, 8-Aug 12:00 PM ET)
Oil futures end down week on high note as Strait of Hormuz deal turns more uncertain
Seeking Alpha News (Fri, 7-Aug 7:25 PM ET)
U.S. drilling rig count stays flat in latest Baker Hughes weekly survey
Seeking Alpha News (Fri, 7-Aug 4:30 PM ET)
U.S. will lift Hormuz blockade as soon as Iran-Oman deal announced - report
Seeking Alpha News (Fri, 7-Aug 3:45 PM ET)
US crude imports from Saudi Arabia hit zero in July; oil benchmarks head for 8% weekly loss
Seeking Alpha News (Fri, 7-Aug 5:07 AM ET)
Oil prices jump as Iran weighs ban of U.S. ships from Hormuz; Houthis attack Saudi forces in Yemen
Seeking Alpha News (Thu, 6-Aug 7:55 PM ET)
If USO Price Stays Inside $115 to $123 Range This Iron Condor Spread Will Yield 95%
Market Chameleon (Thu, 6-Aug 12:46 PM ET)
U.S. crude falls for third straight day as Iran says Hormuz agreement reached with Oman
Seeking Alpha News (Wed, 5-Aug 7:31 PM ET)
Crude inventory rises by 2.5M barrels for the week ended July 31 – EIA
Seeking Alpha News (Wed, 5-Aug 10:31 AM ET)
Crude oil prices ease losses after Houthis say they attacked Saudi tanker
Seeking Alpha News (Wed, 5-Aug 10:24 AM ET)
The investment objective of USO is for the changes in percentage terms of its units net asset value (NAV) to reflect the changes in percentage terms of the spot price of light sweet crude oil delivered to Cushing Oklahoma as measured by the changes in the price of the futures contract for light sweet crude oil traded on the New York Mercantile Exchange (the NYMEX) less USOs expenses.
United States Oil trades on the ARCA stock market under the symbol USO.
As of August 7, 2026, USO stock price declined to $117.98 with 3,822,028 million shares trading.
USO has a beta of -1.11, meaning it tends to be less sensitive to market movements. USO has a correlation of 0.07 to the broad based SPY ETF.
USO has a market cap of $1.67 billion. This is considered a Small Cap stock.
In the last 3 years, USO traded as high as $154.08 and as low as $60.67.
USO has outperformed the market in the last year with a return of +60.7%, while the SPY ETF gained +23.5%. However, in the most recent history, USO shares have underperformed the stock market with its stock returning -12.6% in the last 3 month period and -13.7% for the last 2 week period, while SPY has returned +6.0% and +4.6%, respectively.
USO support price is $114.37 and resistance is $123.37 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that USO shares will trade within this expected range on the day.