The United States Oil Fund, LP (USO) closed at $145.44 on November 5, 2026, shedding 8.03% in the latest 24-hour session. The decline added to an already difficult stretch for the exchange-traded fund, which has lost 12.60% over the past seven days.
Despite the recent pressure, USO's 30-day performance tells a slightly different story. The fund is still up 1.02% over that longer window, suggesting the bulk of the selling has been concentrated in the most recent week of trading.
The back-to-back losses have pushed the fund well off levels seen earlier in the month. The 8.03% single-session drop ranks as a notable one-day move, reflecting meaningful volatility in the underlying oil market that USO is designed to track.
No market capitalization figure was available for the fund as of the close. Trading activity in USO is often watched as a broad proxy for near-term sentiment in crude oil markets.
