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How to Buy United States Oil Fund LP (USO) | The Motley Fool
The is currently experiencing a period of high volatility, trading at $134.72 as of April 27, 2026. While recent price action shows a recovery from mid-April lows, investors must distinguish between the "spot price" of oil and the unique mechanics of this futures-based ETF. 🛢️ 1. Understanding the Asset: It’s Not Physical Oil buy uso stock
The most critical thing to know is that USO does own barrels of oil. How to Buy United States Oil Fund LP
: It buys oil futures contracts, primarily West Texas Intermediate (WTI), to track daily price movements. primarily West Texas Intermediate (WTI)