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United States Oil ETF: (USO)

(Delayed Data from NYSE) As of Jul 30, 2024 04:00 PM ET

$74.46 USD

74.46
3,301,607

-0.73 (-0.97%)

Volume: 3,301,607

Zacks ETF Rank

This is our ETF rating system that serves as a timeliness indicator for ETFs over the next 6 months:

Zacks Rank Definition
1 Strong Buy
2 Buy
3 Hold
4 Sell
5 Strong Sell

See all the Top Ranked ETFs here - The complete list of all the top ranked ETFs

NA

After-Market: $74.45 -0.01 (-0.01 %) 7:58 PM ET

Zacks News

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Tap the Rally in Commodities With These ETF Winners

Commodities have been performing remarkably well this year driven by higher prices for coffee, silver and oil.

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Best Performing ETFs by Sector in the Past 30 Days

Wall Street was upbeat in June, as the S&P 500 topped the 5,500 level for the first time. These ETFs also saw strong growth.

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Will OPEC+ Output Cuts At All Boost Oil ETFs Ahead?

In the latest meeting, OPEC+ agreed to extend production cuts of 3.66 million barrels per day (bpd) until the end of 2025, along with prolonging cuts of 2.2 million bpd until September 2024.

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5 ETF Areas That Underperformed in May

Wall Street has experienced a robust upswing in May but few investing areas have fallen short of the broader market rally.

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Best Inverse/Leveraged ETF Areas of Last Week

US stocks managed to reclaim ground by the end of last week, which was otherwise volatile. This signaled a potential recovery.

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Avoid Equity Chop: Buy these 3 Commodity ETFs

When equity markets become complicated, other asset classes can provide investors with a refuge. Commodity ETFs currently present favorable reward-to-risk opportunities.

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Best ETF Areas of Last Week

Wall Street was upbeat last week. The Fed's plan to slower the balance sheet tightening process and the release of downbeat jobs data dragged down bond yields.

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Best Leveraged ETFs of Last Week

Wall Street was upbeat last week with the S&P 500 adding 0.6%, the Dow Jones gaining 1.1% and the Nasdaq advancing 1.4%.

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Where Could Oil Go From Here? ETFs in Focus

Oil prices may see a recovery in demand if global central banks start cutting rates by 2024-end, and if supply falls due to the replenishment of the US strategic petroleum reserve and continued OPEC+ output cuts. However, the growing thrust on clean energy is a negative for the long term.

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Buy the Dip in these 3 Commodity ETFs

For most of 2024, commodities have had cleaner uptrends than equities. Investors should use the pullbacks in these three commodities as opportunities into year-end.

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4 ETF Areas to Play Amid Slower Growth & Rising Inflation

With inflation surging beyond expectations and economic growth faltering, the Fed may keep rates higher for longer. This stagflation-like scenario may bode well for these ETF areas.

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U.S. Oil Hovers Around $83: What Lies Ahead for ETFs?

Slowing manufacturing activity may instigate the Fed to cut interest rates earlier-than-expected. While this is a plus for oil ETFs, the U.S. government's efforts to keep oil prices low in the election year may not allow those ETFs to soar ahead.

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3 Energy Stocks to Buy Pre Earnings

Energy stocks are on fire, but there is likely more fuel in the tank. Stock Strategist Andrew Rocco reveals 3 ways to take advantage of the bull market in the energy industry.

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Can Oil & Energy ETFs Continue to Soar?

Rising geopolitical tensions, and demand-supply imbalances have fueled a surge in crude prices

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4 Reasons Why Oil & Energy ETFs Can Continue to Soar

Oil prices surged recently to their highest levels since October as investors closely monitored escalating geopolitical tensions in key regions. The improved demand outlook is another reason for which oil prices can go higher.

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5 Commodity ETFs Riding High in 2024

The Bloomberg Commodity Index, a widely viewed measure of broad commodities prices, rose to its highest level since November driven by higher prices for oil, gold, and cocoa.

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Energy ETF (IEO) Hits New 52-Week High

The energy ETF IEO hit a 52-week high. can it soar higher?

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5 Best ETF Areas of March

Wall Street offered decent returns in March. Marijuana, mining and cryptocurrency were the real winners in the month while some other spaces also rallied hard.

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MLP ETFs at a 52-Week High: Here's Why

MLP ETFs have been hovering around a 52-week high level.

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The Energy Sector is Hated: Is it Time to Buy?

Investors who avoid conformity and think independently prosper in the long run. Considering the tech sector's recent extreme bull move, money may shift into the lagging energy sector. Stock Strategist Andrew Rocco elaborates.

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Time for Oil & Energy ETFs?

Oil prices have been in great shape this year. If the Gaza truce takes time to materialize, the rally could prolong.

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Time for Quality ETFs on Mounting Uncertainties?

Global shares experienced a slump on Jan 16, 2024 in response to fresh economic data that heightened concerns about China's economy. Also, bets over imminent Fed rate cuts weakened.

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5 Best Inverse/Leveraged ETFs of Last Week

Overall, Wall Street concluded the week with a mixed performance, with bank earnings falling short of expectations.

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Oil Price to Double In Near Term? ETFs in Focus

Goldman Sachs believes that oil prices may surge ahead if Houthi attack continues, as quoted on oilprice.com.

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Houthi Attacks in Red Sea to Boost These ETF Areas

Red Sea serves as a critical transit route for oil. Consecutive Houthi attacks in this area for the past two months may boost these ETF areas.