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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
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Post by jethro549on Oct 12, 2016 11:23am
83 Views
Post# 25335038

for an oil startup uso has good books

for an oil startup uso has good booksFinding an oil company in this oil market that doesn't have some debt is next to impossible, USO has very little debt and almost no current liabilities. The loan they took does not come due until 2019. with an average APR. so chill out Lithinvestor. You;re talking nonesense. Learn to read a balance sheet. 
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