The United States Oil Fund, LP (USO) closed Tuesday at $156.65, adding 1.14% over the prior 24 hours. The daily advance continued a strong run for the oil-tracking exchange-traded fund.
Over the past seven days, USO has climbed 10.25%, reflecting sustained upward momentum in the fund's underlying benchmark. The weekly move represents a notable acceleration in price activity.
Looking at the broader 30-day window, USO has gained 23.74%, marking a significant shift in the fund's valuation over roughly one month. The magnitude of that move places the fund among the stronger performers on a rolling monthly basis.
Market capitalization data for USO was not available as of the reporting date. The fund tracks movements in oil prices and trades on major exchanges, giving investors exposure to near-term crude oil futures contracts.
