United States Oil Fund LP V.USO.RT

Primary Symbol: USO

The investment seeks the daily changes in percentage terms of its shares per share NAV to reflect the daily changes in percentage terms of the spot price of light, sweet crude oil delivered to Cushing, Oklahoma, as measured by the daily changes in the price of a specified short-term futures contract on light, sweet crude oil called the Benchmark Oil Futures Contract, plus interest earned on USOs collateral holdings, less USOs expenses. USO invests primarily in futures contracts for light, sweet crude oil, other types of crude oil, diesel-heating oil, gasoline, natural gas, and other petroleum-based fuels.

ARCA:USO - Post by User

United States Oil Fund LP

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Comment by RayTeeon Jan 30, 2014 4:55pm

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Post# 22155371

RE:http://web.tmxmoney.com/article.php?newsid=65187951&qm_symbo

this news is a few days old. I did kind of expect a small uptick in the stock price of USO due to this, but the response has been lukewarm.

I think its great that we have an organization like KBR doing the work. My expectation is that the timeline for first oil will go as planned with no delays.

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