Significant Inflows Recorded for USO ETF

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The USO ETF (Symbol: USO) has experienced a significant inflow of approximately $153.6 million, reflecting a week-over-week increase of 5.1% in outstanding units, rising from 33,323,603 to 35,023,603. This data highlights a growing interest in oil investments amidst market fluctuations.

In terms of price performance, USO’s 52-week range extends from a low of $43.42 to a high of $92.20, with the last traded price recorded at $91.68. This information is essential for investors leveraging technical analysis techniques, such as comparisons to the 200-day moving average.

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