USO

United States Oil Fund, LP is a commodities-focused exchange-traded fund designed to provide exposure to the daily price movements of West Texas Intermediate crude oil. The fund uses oil futures and related petroleum-linked contracts rather than holding physical barrels, making it a widely used vehicle for gaining access to crude oil price dynamics through a brokerage account. United States Oil Fund, LP primarily invests in near-term futures contracts tied to light, sweet crude oil, with additional exposure to other oil-related instruments when needed to help manage its portfolio. It serves investors who want a liquid, market-traded product linked to the energy sector and the global crude oil market. As a commodity pool structured as a limited partnership, it plays a notable role in the energy derivatives market by translating oil market movements into a tradable fund format.

Headquarters

United States