United States Oil

USO

United States Oil USO Strategy

The investment seeks the daily changes in percentage terms of its shares’ per share 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 a specified short-term futures contract on light, sweet crude oil called the “Benchmark Oil Futures Contract,” plus interest earned on USO’s collateral holdings, less USO’s expenses. USO invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.

United States Oil News & Analysis

stocks

Amazon announces 20-for-1 stock split

Companies like to play with the price of their stocks sometimes…here’s why and what you should know.
stocks

What Google's 20-for-1 stock split means for investors

Companies like to play with the price of their stocks sometimes…here’s why and what you should know.

Morningstar Investment Ideas

Markets

Index
Last price
Change
% Change
All Ordinaries8,443.10126.401.52%
CAC 407,274.4819.89-0.27%
DAX 4019,884.7585.11-0.43%
Dow JONES (US)42,840.26498.021.18%
FTSE 1008,084.6120.71-0.26%
HKSE19,850.98130.280.66%
NASDAQ19,572.60199.831.03%
Nikkei 22539,176.87474.971.23%
NZX 50 Index12,988.0383.920.65%
S&P 5005,930.8563.771.09%
S&P/ASX 2008,192.60125.601.56%
SSE Composite Index3,374.866.790.20%

Market Movers