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United States Oil Fund LP ( (USO) ) has shared an announcement.
United States Oil Fund, LP reported a net loss of $11,460,337 for November 2024, as detailed in its monthly account statement. The fund’s net asset value decreased to $1,201,164,722, reflecting a challenging month in the oil futures and swap contracts market, impacting stakeholders and potentially influencing market perceptions.
More about United States Oil Fund LP
United States Oil Fund, LP operates in the financial sector, specializing in commodity exchange, particularly focusing on oil futures trading. The company manages investments related to oil commodities and is designed to track the price movements of West Texas Intermediate (WTI) light, sweet crude oil.
YTD Price Performance: 9.72%
Average Trading Volume: 3,497,601
Current Market Cap: $1.04B
Learn more about USO stock on TipRanks’ Stock Analysis page.
