United States Oil Fund LP company info

What does United States Oil Fund LP do?
United States Oil Fund LP (NYSE:USO) is a commodity exchange-traded fund (ETF) that aims to track the daily price movements of West Texas Intermediate (WTI) light, sweet crude oil. This fund offers investors exposure to the oil market through futures contracts for crude oil, other petroleum-based fuels, and other oil-related products. It's designed for investors seeking to gain an understanding or profit from the changes in the price of crude oil without needing to engage in futures contracts themselves. The objective of USO is to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of its underlying benchmark. By investing in oil futures contracts and other oil-related contracts, USO aims to offer a convenient and effective means for investors looking to participate in the dynamics of the oil market.
United States Oil Fund LP company media
Company Snapshot

Is United States Oil Fund LP a public or private company?

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Ownership
Public

How many people does United States Oil Fund LP employ?

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Employees
27

What sector is United States Oil Fund LP in?

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Sector
ETF

Where is the head office for United States Oil Fund LP?

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Head Office
California, United States

What year was United States Oil Fund LP founded?

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Year Founded
2006
What does United States Oil Fund LP specialise in?
/Commodity ETF /Crude Oil /Investment Management /Financial Services /Index Tracking /Liquid Investments

What are the products and/or services of United States Oil Fund LP?

Overview of United States Oil Fund LP offerings
Provides exposure to WTI crude oil futures markets.
Offers opportunities for portfolio diversification.
Tracks the daily price movements of West Texas Intermediate light, sweet crude oil.
Enables easy access for retail and institutional investors to commodity markets.
Utilizes futures contracts to approximate the performance of oil.
Engages in short-term investments and cash equivalents for liquidity.