ETFs

USO Slides 2.34% Tuesday as Oil Fund Extends Weekly Losses

The United States Oil Fund fell for a second consecutive session, deepening a 7-day decline while holding modest gains over the past month.

By Love Wallet · October 6, 2026

USO Slides 2.34% Tuesday as Oil Fund Extends Weekly Losses
Price
$143.97
24h
-2.34%
1 week
-4.01%
1 month
+1.33%

The United States Oil Fund, LP (USO) closed Tuesday at $143.97, a decline of 2.34% on the session. The move extended a broader pullback that has taken the fund down 4.01% over the past seven days.

Despite the recent pressure, USO remains in positive territory on a 30-day basis, having gained 1.33% over that stretch. The contrast between the monthly gain and the sharper short-term losses suggests the fund has given back a portion of earlier advances.

USO, which tracks crude oil prices through futures contracts, offers investors a way to gain exposure to oil market movements without holding physical commodities. Market capitalization data was not available for the fund as of the close of trading.

October 6, 2026 marks the latest data point in what has been a volatile recent stretch for the oil-linked fund, with short-term momentum turning negative even as the broader one-month trend remains slightly positive.

Market data is provided for informational purposes only and may be delayed. Nothing in this article is financial advice.

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