CONVEX
Commoditiesdaily

Oil ETF (USO)

United States Oil Fund, WTI crude oil futures ETF.

ByConvex Research Desk·Edited byBen Bleier·

The Oil ETF (USO) is currently $148.23, last updated .

$148.23
1W +6.90%1M +11.96%3M +11.96%
Updated 4m ago
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Statistical forecast 2026
Model-based central estimate, 68% and 95% confidence bands for Oil ETF (USO), blended across current macro regimes.
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Commodities sit at the intersection of monetary and physical reality. Oil and gas prices flow almost directly into headline CPI, while copper and iron ore track global industrial activity ahead of official releases. Tracking each complex alongside its supply signal (EIA inventories, rig counts, seaborne cargo flows) separates genuine demand moves from inventory-cycle noise.

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Recent Data

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DateValueChange
May 18, 2026$148.23+0.00%
May 17, 2026$148.23+0.00%
May 16, 2026$148.23+0.00%
May 15, 2026$148.23+3.66%
May 14, 2026$143+0.68%
May 13, 2026$142.04-1.57%
May 12, 2026$144.3+4.07%
May 11, 2026$138.66+3.80%
May 10, 2026$133.59+0.00%
May 9, 2026$133.59+0.00%
May 8, 2026$133.59-1.02%
May 7, 2026$134.97+0.76%
May 6, 2026$133.95-7.09%
May 5, 2026$144.17-2.33%
May 4, 2026$147.61+3.37%
May 3, 2026$142.8+0.00%
May 2, 2026$142.8+0.00%
May 1, 2026$142.8-2.92%
Apr 30, 2026$147.09-2.35%
Apr 29, 2026$150.63+7.90%
Apr 28, 2026$139.6+3.62%
Apr 27, 2026$134.72+1.75%
Apr 26, 2026$132.4+0.00%
Apr 25, 2026$132.4

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Frequently Asked Questions

What is Oil ETF (USO)?
United States Oil Fund, WTI crude oil futures ETF.
How does Oil ETF (USO) relate to commodities?
Oil ETF (USO) is part of the Commodities category. Commodities sit at the intersection of monetary and physical reality. Oil and gas prices flow almost directly into headline CPI, while copper and iron ore track global industrial activity ahead of official releases. Tracking each complex alongside its supply signal (EIA inventories, rig counts, seaborne cargo flows) separates genuine demand moves from inventory-cycle noise.
How often is Oil ETF (USO) updated?
Oil ETF (USO) is updated once per day after market close. Each metric page on Convex shows the exact time of the last data update and provides historical data going back up to five years.
Where does Convex source Oil ETF (USO) data?
Convex sources Oil ETF (USO) data from live market data providers including CoinGecko for crypto and major exchanges for equities and commodities. Data is fetched automatically and displayed alongside interactive charts, AI analysis, and historical context.
What can I do on the Oil ETF (USO) chart page?
The Oil ETF (USO) page includes an interactive chart with selectable time ranges (1 month to 5 years), percentage changes over multiple timeframes, a table of recent readings, AI-generated analysis, and links to related metrics and comparisons.
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Data sourced from FRED, CoinGecko, CBOE, CFTC, and EIA. Updated daily. This page is for informational purposes only and does not constitute financial advice.