CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading CFDs with this provider. You should consider 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. 81% 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)

Product Type: Exchange-Traded Fund (ETF)
Country: United States Currency: USD
Trading Hours: According to market Measurement 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.
Feed name
DAILY LOW
DAILY HIGH
Trade with
#USO Market Sentiment
#USO Chart

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.
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