For the oil refinery in Tacoma, Washington, see U.S. Oil and Refining.
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United States Oil Fund
Company type
Exchange-traded fund
Traded as
NYSE Arca: USO
Industry
Investment management
Founded
April 10, 2006; 18 years ago (2006-04-10)
Key people
John Love (President)
Owner
United States Commodity Funds
Website
www.uscfinvestments.com/uso
The United States Oil Fund (NYSE Arca: USO) is an exchange-traded fund (ETF) that attempts to track the price of West Texas Intermediate Light Sweet Crude Oil.[1][2] It is distinguished from an exchange-traded note (ETN) since it represents an ownership claim on underlying securities that the fund has packaged.[3] USO invests in oil future contracts that are traded on regulated futures exchanges.[4]
^United States Oil Fund
^"Should Investors Drill for Oil ETFs? - Focus on Funds - Barrons.com". Barron's.
^Jones, Gerald; Johnson, Charles (2016). Investments: Analysis and Management. Hoboken, NJ: John Wiley & Sons. p. 60. ISBN 978-1-118-97558-9.
^Woods, Jennifer (2009). The Active Asset Allocator: How ETF's Can Supercharge Your Portfolio. Penguin. ISBN 978-1-101-16311-5.
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