ETFs

USO Gains 0.77% on the Day Despite Deepening Weekly Slide

The United States Oil Fund edged higher Wednesday even as its seven-day performance remained firmly in the red.

By Love Wallet · November 4, 2026

USO Gains 0.77% on the Day Despite Deepening Weekly Slide
Price
$158.14
24h
+0.77%
1 week
-3.54%
1 month
+7.27%

The United States Oil Fund, LP (USO) closed at $158.14 on November 4, 2026, posting a 24-hour gain of 0.77% that offered a brief respite from a difficult stretch for the oil-linked exchange-traded fund.

Over the past seven days, USO has fallen 3.54%, reflecting broader pressure on crude-related assets during that period. The daily uptick was not enough to offset the cumulative losses recorded across the trailing week.

Looking at a longer horizon, the fund has gained 7.27% over the past 30 days, suggesting that despite the recent weekly pullback, the month-over-month trend has trended upward. The contrast between the short-term decline and the stronger monthly figure points to volatility within an otherwise positive broader move.

USO is designed to track the price movements of West Texas Intermediate crude oil through futures contracts. No market capitalization figure was available for the fund as of the reporting date.

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

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