ETFs

USO Rises 1.89% on the Day but Remains Deep in the Red for the Week

The United States Oil Fund posted a solid single-session gain on November 6, 2026, though a sharp seven-day decline continues to weigh on the fund.

By Love Wallet · November 6, 2026

USO Rises 1.89% on the Day but Remains Deep in the Red for the Week
Price
$148.19
24h
+1.89%
1 week
-11.84%
1 month
+2.27%

The United States Oil Fund, LP (USO) climbed 1.89% on November 6, 2026, pushing its price to $148.19. The session gain offered some relief to holders of the oil-tracking exchange-traded fund after a turbulent stretch.

Despite the daily advance, USO remains down 11.84% over the past seven days, reflecting significant pressure on oil prices during that period. The magnitude of the weekly decline stands in contrast to the fund's more modest 30-day picture.

Over the trailing 30 days, USO is up 2.27%, suggesting that the recent weekly selloff represents a sharp pullback within a broader period of modest gains. The divergence between the short-term and medium-term returns highlights the volatility that has characterized the fund's recent trading.

USO is designed to track the price movements of light, sweet crude oil, and its performance generally reflects shifts in the underlying commodity market. No market capitalization figure was available for the fund as of this report.

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

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