The United States Oil Fund, LP (USO) rose 5.37% on September 2, 2026, closing at $140.94 as the oil-linked exchange-traded fund extended a broad-based rally across multiple timeframes.
Over the past seven days, USO has gained 11.76%, reflecting sustained upward momentum in the fund, which tracks movements in crude oil prices. The 30-day gain stands at 9.10%, indicating the current strength builds on a longer-term trend rather than representing an isolated single-session move.
USO is structured to reflect the performance of crude oil prices through futures contracts, meaning its price movements tend to mirror shifts in the underlying commodity market. Market capitalization data for the fund was not available as of the reporting date.
Wednesday's close at $140.94 marks a notable short-term high for the fund, with its three consecutive positive timeframes — one day, one week, and one month — all pointing in the same direction.
