United States Oil Fund

United States Oil Fund
Company typeExchange-traded fund
NYSE Arca: USO
IndustryInvestment management
FoundedApril 10, 2006 (2006-04-10)
Key people
John Love (President)
OwnerUnited States Commodity Funds
Websitewww.uscfinvestments.com/uso

The United States Oil Fund is an exchange-traded fund (ETF) that attempts to track the price of West Texas Intermediate (WTI) Light Sweet Crude Oil. It is distinguished from an exchange-traded note (ETN) since it represents an ownership claim on underlying securities that the fund has packaged. USO invests in oil futures contracts that are traded on regulated futures exchanges.

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