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United States Oil Fund LP 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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  • CttguyX
Post by Cttguyon Apr 21, 2020 8:31am
402 Views
Post# 30933138

Watch out below

Watch out belowUSO is going to at least $1.50. It doesn't matter that they did these cuts and Trump is on TV bragging. The roads are empty and even when people are given the green light to drive they will not drive like they use to. In fact until there is a vaccine/oil cure oil consumption will be underwater.
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