QUOTE AND NEWS
Clusterstock  1 hr ago  Comment 
US oil production is still surging. The boom in US shale oil production is one single factors that's been most responsible for the collapse of oil prices since mid-2014. And via Mark Perry at the American Enterprise Institute, oil production...
Benzinga  5 hrs ago  Comment 
Joel Elconin is the co-host of Benzinga's #PreMarket Prep, a daily trading idea radio show. United States Oil Fund LP (NYSE: USO) shares were trading lower by $1.00 (5 percent) at $18.62. The ETF, which tracks the price of crude oil futures is...
Clusterstock  10 hrs ago  Comment 
Here is some bad news for oil and gas jobs.  In Wednesday's ADP private payrolls report, Mark Zandi, chief economist of Moody's Analytics said: " Employment posted another solid gain in  January, although the pace of growth is slower than...
Clusterstock  Feb 2  Comment 
Oil prices continued their rally on Monday, after an 8% surge on Friday. As some traders try to identify the bottom in oil prices, Morgan Stanley warns that "small crude oil rallies can occur, but are likely limited and unsustainable." Data...
Clusterstock  Jan 29  Comment 
We have new lows in crude oil.  On Thursday, West Texas Intermediate crude oil prices crashed to below $44 a barrel. Prices were down almost 4% on Wednesday so Thursday's drop represents another drop of just about 1%, though this marks yet...
Disciplined Approach to Investing  Jan 29  Comment 
One investment vehicle that may seem appropriate for participating in an eventual rise in crude oil prices is to invest in an ETF that directly tracks crude oil itself. One such ETF is the United States Oil ETF, ticker USO. There are many others...
Clusterstock  Jan 28  Comment 
Here's what happened during the shale boom: it became cheap to boost oil production. By way of illustration, let's use $80 on the y-axis of the chart below as the breakeven point of reference. In 2009, production hits a breakeven price of $80...
Clusterstock  Jan 28  Comment 
West Texas Intermediate crude oil is falling again.  On Wednesday afternoon, the price of WTI was down more than 4% and moving back towards $44 per barrel as oil still can't find a bottom and continues to swing wildly up and down. Near 2:40...
Clusterstock  Jan 24  Comment 
The collapse in crude oil prices has primarily attributed to a glut in supply. And while it's unlikely that a nearly 60% decline in the price of any asset can be attributed to just one factor, this chart from George Pearkes at Bespoke...
Clusterstock  Jan 23  Comment 
Oil companies may have misled investors on how much oil they could actually produce. According to a report from Bloomberg's Bradley Olson, several studies have found that the results of one-day production tests on oil wells did not say enough...




 
TOP CONTRIBUTORS

United States Oil Fund (USO)

Overview

The United States Oil Fund, LP ("USO") is a domestic exchange traded security designed to track the movements of light, sweet crude oil ("West Texas Intermediate"). USO issues units that may be purchased and sold on the NYSE Arca. 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 USO’s expenses. [1]

Fund Information

  • Fund Manager - United States Gasoline Fund
  • Inception Date - 04/10/2006
  • Exchange – NYSE Arca
  • Index Ticker – USO
  • Intra-day NAV Ticker – USO.IV
  • Expense Ratio – 0.96%

Top Holdings

Type Security Quantity Price Market Vale
Oil Future and Other Oil InterestsNYM Crude Oil Future CL Feb1014,4131,320,731,740
US Treasuries
CashUS Dollars2,423,388,69212,423,388,692
Holdings as of 12/18/2009

Other Oil & Gas ETFs

ETF Name Fund Manager Expense Ratio
First Trust ISE-Revere Natural Gas Index Fund (FCG)First Trust Portfolios L.P0.60%
iShares Dow Jones U.S. Oil & Gas Exploration & Production Index Fund (IEO)ishares0.48%
iShares Dow Jones U.S. Oil Equipment & Services Index Fund (IEZ)ishares0.48%
SPDR S&P Oil & Gas Equipment & Services ETF (XES)State Street Global Markets, LLC0.35%
SPDR S&P Oil & Gas Exploration & Production ETF (XOP)State Street Global Markets, LLC0.35%
Claymore Oil Sands Sector ETF (CLO-TSX)Claymore Investments, Inc.0.60%
Horizons BetaPro NYMEX Crude Oil Bear Plus ETF (HOD-TSX)Horizons BetaPro ETFs1.15%
Horizons BetaPro NYMEX Crude Oil Bull Plus ETF (HOU-TSX)Horizons BetaPro ETFs1.15%
Horizons BetaPro NYMEX Natural Gas Bear Plus ETF (HND-TSX)Horizons BetaPro ETFs1.15%
Horizons BetaPro NYMEX Natural Gas Bull Plus ETF (HNU-TSX)Horizons BetaPro ETFs1.15%
ETFS Leveraged Crude Oil ETF (LOIL-LSE)ETF Securities0.98%
ETFS Leveraged Gasoline ETF (LGAS-LSE)ETF Securities0.98%
ETFS Leveraged Heating Oil ETF (LHEA-LSE)ETF Securities0.98%
ETFS Leveraged Natural Gas ETF (LNGA-LSE)ETF Securities0.98%
ETFS Leveraged Petroleum ETF (LPET-LSE)ETF Securities0.98%
ETFS Short Crude Oil ETF (SOIL-LSE)ETF Securities0.98%
ETFS Short Gasoline ETF (SGAS-LSE)ETF Securities0.98%
ETFS Short Heating Oil ETF (SHEA-LSE)ETF Securities0.98%
ETFS Short Natural Gas ETF (SNGA-LSE)ETF Securities0.98%
ETFS Short Petroleum ETF (SPET-LSE)ETF Securities0.98%
ETFS Short Platinum ETF (SPLA-LSE)ETF Securities0.98%
Dow Jones-AIG Natural Gas Total Return ETN (GAZ)Commodity Shares0.75%
Goldman Sachs Crude Oil Total Return ETN (OIL)Barclays Global Investors iPath Exchange0.75%
MacroShares Oil Down ETF (DOY)Barclays Global Investors iPath Exchange0.50%
PowerShares DB Crude Oil Double Long ETN (DXO)DB Commodity Services0.75%
PowerShares DB Crude Oil Double Short ETN (DTO)DB Commodity Services0.75%
PowerShares DB Crude Oil Long ETN (OLO)DB Commodity Services0.75%
PowerShares DB Crude Oil Short ETN (SZO)DB Commodity Services0.75%
PowerShares DB Oil Fund (DBO)DB Commodity Services0.75%
ProShares Ultra DJ-AIG Crude Oil ETF (UCO)DB Commodity Services0.95%
ProShares UltraShort DJ-AIG Crude Oil ETF (SCO)ProShares ETFs0.95%
United States Gasoline Fund (UGA)United States Gasoline Fund0.60%
United States Heating Oil Fund (UHN)United States Gasoline Fund0.93%
United States Natural Gas Fund (UNG)United States Gasoline Fund0.93%
United States Oil Fund (USO)United States Gasoline Fund0.96%
Claymore Natural Gas Commodity ETF (GAS-TSX)Claymore Investments, Inc.0.80%
Horizons BetaPro NYMEX Crude Oil Bear Plus ETF (HOD-TSX)Horizons BetaPro ETFs1.15%
Horizons BetaPro NYMEX Crude Oil Bull Plus ETF (HOU-TSX)Horizons BetaPro ETFs1.15%
Horizons BetaPro NYMEX Natural Gas Bear Plus ETF (HND-TSX)Horizons BetaPro ETFs1.15%
Horizons BetaPro NYMEX Natural Gas Bull Plus ETF (HNU-TSX)Horizons BetaPro ETFs1.15%
ETFS Brent 1yr ETF (OSB1-LSE)ETF Securities0.49%
ETFS Brent 2yr ETF (OSB2-LSE)ETF Securities0.49%
ETFS Brent 3yr ETF (OSB3-LSE)ETF Securities0.49%
ETFS Brent Oil ETF (OILB-LSE)ETF Securities0.49%
ETFS Crude Oil ETF (CRUD-LSE)ETF Securities0.49%
ETFS Forward Heating Oil ETF (HEAF-LSE)ETF Securities0.49%
ETFS Forward Natural Gas ETF (NGAF-LSE)ETF Securities0.49%
ETFS Forward Petroleum ETF (FPET-LSE)ETF Securities0.49%
ETFS Gasoline ETF (UGAS-LSE)ETF Securities0.49%
ETFS Heating Oil ETF (HEAT-LSE)ETF Securities0.49%
ETFS Leveraged Crude Oil ETF (LOIL-LSE)ETF Securities0.98%
ETFS Leveraged Gasoline ETF (LGAS-LSE)ETF Securities0.98%
ETFS Leveraged Heating Oil ETF (LHEA-LSE)ETF Securities0.98%
ETFS Leveraged Natural Gas ETF (LNGA-LSE)ETF Securities0.98%
ETFS Leveraged Petroleum ETF (LPET-LSE)ETF Securities0.98%
ETFS Natural Gas ETF (NGAS-LSE)ETF Securities0.49%
ETFS Natural Gas Sterling ETF (NGSP-LSE)ETF Securities0.49%
ETFS Petroleum ETF (AIGO-LSE)ETF Securities0.49%
ETFS Short Crude Oil ETF (SOIL-LSE)ETF Securities0.98%
ETFS Short Gasoline ETF (SGAS-LSE)ETF Securities0.98%
ETFS Short Heating Oil ETF (SHEA-LSE)ETF Securities0.98%
ETFS Short Natural Gas ETF (SNGA-LSE)ETF Securities0.98%
ETFS Short Petroleum ETF (SPET-LSE)ETF Securities0.98%
ETFS WTI Oil ETF (OILW-LSE)ETF Securities0.49%


References

  1. - Overview of United States Oil Fund (USO)
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