CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

United States Oil Fund LP (USO)

CFD on the United States Oil Fund LP (USO)

 SELL Open a SELL trade on  SELL Open a SELL trade on Of current open trades, % are BUY and % are SELL BUY  Open a BUY trade on BUY  Open a BUY trade on   The daily price change of
Product Type: Exchange-Traded Fund (ETF)
Country: United StatesCurrency: USD
Trading Hours: According to marketMeasurement Unit: Contracts
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Description:

The United States Oil Fund is an exchange-traded fund that provides investors with exposure to West Texas intermediate crude oil. USO is the largest and most liquid exchange-traded product in the segment.

Interesting Facts:

  • The USO tracks the prices of WTI crude oil.
  • USO is considered a high risk / high reward instrument, and it deemed to be suitable for traders and speculators who believe crude oil prices are about to rebound.
  • The market value of USO has decreased in recent years due to an increase in the supply of crude oil.