BNET Industries
United States Oil Fund LP (USO) is in the Financial Services Industry
- Revenue
- Dec 31 2007
- $290.7M
- Profit
- Dec 31 2007
- $284.4M
- Market Cap
- Sep 04 2008
- $1.2B
Latest News and Analysis
Charlie Maxwell to Barron's: $300 Oil is Inevitable
Kirk Lindstrom submits: According to a Monday, September 8 Barron's article titled "What $300-a-Barrel Oil Will Mean for You", Charles Charlie Maxwell, Senior Energy Analyst at Weeden & Co., thinks $300 oil is "inevitable." With three or four new Saudi oil fields coming on line soon, Charlie thinks supply and...
Oil, Stock, and Housing Declines
Hickey and Walters Bespoke submit: Ironically, oil is now down more than the stock market and even home prices! From their peaks, oil is down 27.18%, the S&P 500 is down 22.16%, and the S&P/Case-Shiller 10-City Median Home Price index is down 20.46%. click...
Whither Oil Prices?
Richard Shaw QVM Group submits: Where are oil prices going? We don’t know. You don’t know. Nobody knows. Short-term events could drive oil higher or lower. The current trend is clearly down, but where it stops is not evident. What is an investor to do? One reasonable thing...
Toyota's View of the Future
Jim Kingsdale submits: Part of Toyota’s TM annual “Sustainability Report” for 2008 contains an interesting look at how the company foresees the growth of vehicles and energy requirements globally. It says, “Approximately 800 to 900 million passenger vehicles exist worldwide, increasing by around 100 million vehicles every five years...
Options Trader: Friday Outlook
Phil Davis submits: It is ALL about oil. Now the goons on CNBC are trying to tell you that declining oil prices signal some sort of problem in the global economy and that is true - for their parent company GE GE, which makes Billions of dollars building...
The $64 Trillion Question: What's the Dollar Really Worth?
Marc Courtenay submits: It appears that everybody and their cousin believes the dollar is going to stay up and be virile like a tired old man who takes his viagra every four hours. by Marc Courtenay
Friday Outlook: Commodities, Emerging Markets
David Fry ETF Digest submits: << Return to page 1 - What Phony Sell-off?! by David Fry
Thursday Outlook: Commodities, Emerging Markets
David Fry ETF Digest submits: << Return to page 1 - Stormy Weather by David Fry
A Windfall Profits Tax on Corn, Soybeans, Wheat?
Mark J. Perry submits: Crop price increases above click to enlarge are from the Chicago Fed's August 2008 Agricultural Newsletter, and crude oil is from the St. Louis Fed. What about a windfall profits tax on corn and soybean farmers? After all, the prices for their products have...
Energy Inventories (9/4/08)
Hickey and Walters Bespoke submit: Today's release of weekly inventories for energy related commodities showed that stockpiles were either inline with or lower than analysts were forecasting. As shown in the table below, natural gas stockpiles were inline with expectations, crude oil and distillates were lower than expected,...
Theoretical Declines of a Bursting Oil Bubble
Hickey and Walters Bespoke submit: We've compared the rallies of the tech and homebuilder bubbles with the rally in oil plenty of times here. Below we highlight the returns from trough to peak of the three asset classes during their respective bubbles. As shown, the Nasdaq went up...
Sarah Palin: Wall Street's Candidate
Jason Schwarz submits: Everyone's talking about Sarah Palin. Thank goodness for investors, she is pro Wall Street. Her Wednesday night RNC speech struck a cord with businesses across the country. This self proclaimed 'gal from Alaska' is already shaking things up with the substance that she offered up on important...
Why Commodities May Be Nearing a Turning Point
Oriental Trader submits: From this article, we learn that a commodity fund went bust due to being long metals and energy. The hedge fund manager Ospraie Management has said that it will close its flagship fund after it plunged 27 percent in August on losses in energy, mining and...
Dow's Q3 vs. the Price of Oil
Todd Sullivan submits: Now that August is in the books, let's look at where we are and update some of my previous thoughts: In the call, the following exchange was had: Jeffrey Zekauskas - JPMorgan: "Good morning. On average shouldn't your raw material costs be down sequentially in...
Time to Get Back Into Oil?
Todd Sullivan submits: With the current price roughly 25% off its high, it is time to put oil back on the radar screen. Watch what Boone Pickens has to say. I sold my USO position in May for $106.85, a 140% gain in 16 months (purchased for...
Oil Experts: No Cigar This Week
Hard Assets Investor submits: By Brad Zigler The EIA says domestic crude oil inventories fell by a whopping 1.9 million barrels from the previous week, blowing away oil patch experts' forecast for a 300,000-arrel decline. by Hard Assets Investor
A New Dynamic for Middle Eastern Oil
James Hamilton submits: Maybe it's time to try something new. And maybe it's already starting. Last week the New York Times reported: by James Hamilton
Should We Listen to Boone Pickens on Oil?
Jason Schwarz submits: I love Boone Pickens. He has had a remarkable career, his philanthropic efforts are far reaching, and the Pickens Plan offers a great future for our country. There's just one problem with his repeated claim that oil won't go below $100 a barrel. He has a severe conflict...
Winter Heating Oil, Nat. Gas and Crude Oil Preview
Timothy Charles submits: As we proceed into the winter season, as far as refiners are concerned, the focus will shift from the unleaded gasoline inventories to the residual fuel or heating oil [HO] inventories. When the winter is expected to be a warm one, sort of like what we saw...
Solar and Oil, Part Deux
Dr. Duru submits: So...I wrote about a break in the correlation between oil and solar stocks the day before oil takes a major tumble that crushes solar stocks at the same time. The one-day massive move on September 2 did not re-establish a correlation, but it was jarring nonetheless....
- Next »
- page 1 of 9
- « Previous
Sort byClose
View Related Content by Tag Close
- Energy (96 results)
- US Market (50 results)
- Streettracks Gold Trust (41 results)
- ETF (29 results)
- Materials/Industrials (17 results)
- United States Natural Gas Fund LP (17 results)
- Emerging Markets (12 results)
- CurrencyShares Euro Trust (11 results)
- IShares Silver Trust (10 results)
- Emerging Market (6 results)
- Freddie Mac (6 results)
- Chevron Corp. (5 results)
- Exxon Mobil Corp. (5 results)
- Gold & Precious Metals (5 results)
- China (5 results)
- CurrencyShares British Pound Sterling Trust (4 results)
- Fannie Mae (3 results)
- Healthcare (3 results)
- Gold (3 results)
- Incorporated: 2005
- CEO: Nicholas D. Gerber
United States Oil Fund is a commodity pool that issues units that may be purchased and sold on the American Stock Exchange. Co. invests in futures contracts for West Texas Intermediate light, sweet crude oil, as well as other types of crude oil, heating oil, gasoline, natural gas and other petroleum-based fuels that are traded on the New York Mercantile Exchange, ICE Futures or the U.S. and foreign exchanges. Co. also invests in other oil-related investments, including cash-settled options on Oil Futures Contracts and over-the-counter transactions that are based on the price of oil and other petroleum-based fuels, Oil Futures Contracts and indices based on the foregoing.
Key Competitors
United States Oil Fund LP Company Info
Board of Directors
Nicholas D. Gerber
Howard Mah
Andrew Ngim
Robert Long Nguyen
Peter M. Robinson
Malcolm R. Fobes III
Gordon Lloyd Ellis
Contact Information
1320 Harbor Bay Parkway, Suite 145
Alameda, CA
http://www.unitedstatesoilfund.com
510 522-3336
NAICS Code
Commodity Contracts Brokerage: 523140
