USO

United States Oil Fund, LP

$153.56

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About United States Oil Fund, LP

USO is the United States Oil Fund, an exchange-traded fund that lets people bet on the price of crude oil through an ordinary stock account. Instead of owning barrels, the fund holds short-term oil futures contracts, which are agreements to buy oil at a set price on a later date. It earns nothing from selling products. Its value rises and falls with the price of US crude oil.