United States Oil Fund (NYSEARCA:USO) Stock Passes Below 50-Day Moving Average – Should You Sell?

United States Oil Fund LP (NYSEARCA:USO) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $130.30 and traded as low as $102.42. United States Oil Fund shares last traded at $103.98, with a volume of 2,203,768 shares changing hands.

More United States Oil Fund News

Here are the key news stories impacting United States Oil Fund this week:

• Positive Sentiment: Crude briefly rebounded from multi-month lows, supported by a weaker U.S. dollar, and some analysts say key support levels could attract fresh buying if they hold. Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Multi-Month Lows
• Positive Sentiment: U.S. crude inventories fell by 3.8 million barrels, leaving stocks well below the five-year average, which can support oil prices if demand stays firm. U.S. Crude Oil Inventories Extend Decline
• Positive Sentiment: Some market commentary says elevated refinery runs and summer driving-season demand could help stabilize crude after a noisy first half of the year. Crude Oil H2 2026 – Crude Oil Eyes Stabilization as Driving Season Begins
• Neutral Sentiment: Oil markets remain choppy, with technical traders watching support levels closely after a recent selloff. Crude Oil Price Forecast: Key Support Test May Revive Bull Trend
• Neutral Sentiment: Broader commentary noted that oil could stabilize if seasonal demand improves, but the outlook remains uncertain after a volatile first half. Crude Oil H2 2026 – Crude Oil Eyes Stabilization as Driving Season Begins
• Negative Sentiment: Crude prices fell as concerns over Middle East supply disruptions eased, reducing the war-risk premium that had supported oil. Oil Falls as Supply-Disruption Concerns Continue to Ease
• Negative Sentiment: Russia’s western oil exports hit a record in June, and higher supply expectations, along with easing Strait of Hormuz fears and possible OPEC+ increases, have kept pressure on crude. Russia’s western oil exports hit record in June due to refinery outages, sources say
• Negative Sentiment: Oil also weakened after U.S.-Iran talks showed progress, which lowered fears of supply disruption through the Strait of Hormuz. Oil falls after US, Iran talks conclude in Doha

United States Oil Fund Trading Up 0.7%

The firm’s fifty day moving average price is $130.30 and its 200 day moving average price is $105.30. The stock has a market capitalization of $2.06 billion, a price-to-earnings ratio of 19.22 and a beta of -0.01.

Institutional Trading of United States Oil Fund

Several hedge funds have recently added to or reduced their stakes in USO. NewEdge Advisors LLC raised its stake in United States Oil Fund by 1.6% in the first quarter. NewEdge Advisors LLC now owns 11,948 shares of the company’s stock valued at $924,000 after buying an additional 187 shares in the last quarter. JPMorgan Chase & Co. increased its position in United States Oil Fund by 65.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 66,225 shares of the company’s stock valued at $4,842,000 after acquiring an additional 26,102 shares during the period. Cresset Asset Management LLC increased its stake in United States Oil Fund by 4.1% in the 2nd quarter. Cresset Asset Management LLC now owns 7,736 shares of the company’s stock valued at $566,000 after buying an additional 303 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of United States Oil Fund in the 2nd quarter valued at approximately $38,000. Finally, PDT Partners LLC purchased a new position in shares of United States Oil Fund in the 2nd quarter valued at about $336,000. Institutional investors and hedge funds own 67.47% of the company’s stock.

About United States Oil Fund

United States Oil Fund, LP (USO) is a commodity pool that issues limited partnership interests (shares) traded on the NYSE Arca, Inc (the NYSE Arca). The investment objective of USO is for the daily changes in percentage terms of its shares’ per share net asset value (NAV) to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the price of the futures contract for light, sweet crude oil traded on the New York Mercantile Exchange, that is the near month contract to expire, except when the near month contract is within over two weeks of expiration, in which case it will be measured by the futures contract that is the next month contract to expire, less USO’s expenses.