The investment objective of USO is for the changes in percentage terms of its units’ net asset value (“NAV”) to reflect the changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the changes in the price of the futures contract for light, sweet crude oil traded on the New York Mercantile Exchange, less USO’s expenses. The USO portfolio consist of listed crude oil futures contracts and other oil related futures, forwards, and swap contracts.
Trading Hours: Monday-Friday(16:30 - 23:00) Eastern European Time (EET). GMT is 2 hours behind EET.
Symbol USO
Total Net Assets (Bil) 2,919,200
Currency USD
Assets Commodities
Trading Hours: Monday-Friday(16:30 - 23:00) Eastern European Time (EET). GMT is 2 hours behind EET.
Margin requirement: 5%
Total Net Assets (Bil) 2,919,200
Currency USD
Assets Commodities