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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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  • SmallCapPaulX
Post by SmallCapPaulon Sep 11, 2020 9:51am
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Post# 31541796

Excess Oil Inventory May Take Even Longer to Work Off

Excess Oil Inventory May Take Even Longer to Work Off

https://www.channelchek.com/news-channel/Higher_Inventories_Cause_Large_Oil_Prices_Decline

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