The United States Oil Fund, LP (USO) closed at $148.41 on November 7, 2026, notching a gain of 0.15% over the prior 24-hour period. The incremental advance offered some relief after a turbulent stretch for the oil-tracking exchange-traded fund.
Despite the daily uptick, USO remains under significant pressure on a weekly basis, having shed 12.09% over the past seven days. The sharp pullback reflects broader volatility in energy markets during that period.
Zooming out to a 30-day window, the fund shows a gain of 3.11%, suggesting that the longer-term trend has been more constructive even as near-term headwinds weigh on the price. The contrast between the monthly gain and the weekly decline points to a period of elevated choppiness in crude oil-linked assets.
No market capitalization figure was available for USO as of the reporting date. The fund's price movements continue to track fluctuations in the underlying oil market, making it a closely watched barometer for energy sector sentiment.
