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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 > Q3 review
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Comment by RayTeeon Nov 30, 2015 11:57am
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Post# 24338592

RE:RE:RE:Q3 review

RE:RE:RE:Q3 reviewYep.  I think it will be a hard year or two ahead for oil producers.   

I'm not sure that Oil will stay under $50 for all that long, but the pricing on oil will remain soft for at least another year. (possibly two)
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