The United States Oil Fund, LP (USO) closed at $143.94 on October 8, 2026, a decline of 0.66% from the prior session. The move extended the fund's seven-day loss to 1.15%, marking a soft stretch for the oil-tracking exchange-traded fund.
Despite the recent softness, USO's 30-day performance held in positive territory, reflecting a gain of 1.31% over that longer window. The contrast between the shorter- and longer-term figures suggests the fund gave back a portion of earlier monthly gains during the most recent trading days.
USO is designed to track movements in the price of light, sweet crude oil, and its daily fluctuations generally reflect broader trends in the energy market. Market capitalization data for the fund was not available as of the reporting date.
Trading in the fund over the past month has produced a net gain, though the back-to-back weekly declines signal some near-term headwinds for the commodity-linked product.
