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United States Oil Fund (USO) News Today

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$67.19 -0.70 (-1.03%)
Closing price 04:10 PM Eastern
Extended Trading
$67.19 +0.00 (+0.01%)
As of 07:57 PM Eastern
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Why is United States Oil Fund Down Today?

United States Oil Fund LP (USO) shares have increased today as oil benchmark prices rose on stronger‐than‐expected U.S. inventory draws and the blocking of U.S. tariffs, while investors await upcoming EIA data and OPEC+ guidance.

  • U.S. crude inventories fell by 2.8 million barrels, well above the 600,000-barrel estimate, tightening near-term supply
  • A U.S. court blocked President Trump’s oil tariffs, removing a key trade risk for crude markets
  • Geopolitical tensions and voluntary OPEC+ supply cuts have underpinned a bullish oil outlook
  • OPEC+ held production quotas steady ahead of its July review, offering market predictability
  • Investors are awaiting the latest EIA report for further confirmation of demand trends
  • Shell’s $510 million acquisition of TotalEnergies’ Nigerian stake highlights continued M&A activity in the energy sector
  • Crude prices are trading within a defined range as markets seek fresh momentum for a possible summer rally
  • Oil markets retreated earlier amid concerns over weakening demand
  • Eight OPEC+ members are considering hiking output by about 411,000 barrels per day, which could add to supply
Posted 2h agoAI Generated. May Contain Errors.

USO Latest News

Oil prices climb as US court blocks Trump tariffs
Oil Rises Amid Positive Market Sentiment
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USO Media Mentions By Week

USO Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

USO
News Sentiment

-0.20

1.17

Average

News Sentiment

USO News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

USO Articles
This Week

20

17

USO Articles
Average Week

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This page (NYSEARCA:USO) was last updated on 5/29/2025 by MarketBeat.com Staff
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