Commodity fund

Crude Oil (USO)

Understand Crude Oil (USO), the exposure behind its quoted price, and how commodity markets relate to inflation and everyday costs.

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Snapshot · Sep 4, 2026

USO · USD per fund share

$141.96−0.09%
Previous close
142.09
Session low
138.01
Session high
142.67
52-week low
65.99
52-week high
154.08

What you’re looking at.

The displayed price is one share of USO, a listed product used as a proxy for this commodity. It is not the cash price of a barrel, ounce, or other unit of the underlying commodity.

Why it matters.

Energy and industrial materials connect market prices to fuel, transport, and production costs. Precious metals have different uses and demand drivers. Commodity price changes can affect businesses and household budgets in different ways.

What this number cannot tell you.

Commodity funds can hold physical assets, futures, or other exposures. Fees, futures-contract replacement, and product structure can make performance differ substantially from spot prices. A commodity price rise does not guarantee protection from inflation.

More about this type of investment ↗

A question worth asking.

What exposure does this product actually provide, and which risks or costs come from its structure?

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