The is currently experiencing a period of high volatility, trading at $134.72 as of April 27, 2026. While recent price action shows a recovery from mid-April lows, investors must distinguish between the "spot price" of oil and the unique mechanics of this futures-based ETF. 🛢️ 1. Understanding the Asset: It’s Not Physical Oil
: To avoid taking physical delivery of oil, the fund must "roll" its contracts each month—selling the expiring one and buying the next month's. buy uso stock
: It buys oil futures contracts, primarily West Texas Intermediate (WTI), to track daily price movements. The is currently experiencing a period of high