The United States Oil Fund, LP (USO) closed Thursday at $149.94, advancing 2.68% over the prior 24 hours as buying pressure in the oil-tracking fund continued.
The daily move built on a broader upward trend. USO has gained 6.21% over the past seven days and is up 19.07% over the past 30 days, reflecting sustained momentum in the fund during that stretch.
USO is structured to track movements in crude oil prices through futures contracts, making it a closely watched instrument for investors monitoring energy market conditions. Market capitalization data for the fund was not available as of the time of this report.
The 30-day gain of 19.07% marks a notable run for the fund, with each of the tracked time horizons — daily, weekly, and monthly — pointing in the same direction.
