How to Buy United States Oil Fund LP (USO) | The Motley Fool
: It buys oil futures contracts, primarily West Texas Intermediate (WTI), to track daily price movements.
: Analysts currently view USO as a "Buy" candidate based on short-term momentum, though it is nearing overbought territory with immediate resistance at $139.05 . United States Oil Fund LP (USO) 8.57% since Apr 1, 2026 Closed: 3:00 PM • Disclaimer After hours: 7:00 PM Apr 27, 2026 Open133.96 Mkt cap$1.80B USD 52-wk high143.98 High136.49 P/E ratio- 52-wk low61.76 Div yield- ⚠️ 3. The "Contango" Trap
: To avoid taking physical delivery of oil, the fund must "roll" its contracts each month—selling the expiring one and buying the next month's.
: This activity results in an expense ratio of 0.70% , significantly higher than standard equity ETFs. 📈 2. Current Market Snapshot (April 2026)
: Unexpected rises in U.S. crude inventories and accelerating global EV adoption are creating structural headwinds for long-term demand.
: OPEC+ has recently delayed output hikes, and Middle East tensions continue to drive a "risk premium" into oil prices.
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