BNB$754.8+0.52%BRENT$97.35+0.20%BTC$78,633-0.02%COPPER$6.74+2.15%DJI$52,833-1.09%DOGE$0.0899+0.88%DXY98.91-0.27%ETH$2,489+0.07%GOLD$4,393-0.27%NDX$29,545+0.00%SILVER$66.29+0.23%SOL$103.76+0.11%SPX$7,687-0.42%US10Y4.80+0.29%VIX15.34+5.57%BNB$754.8+0.52%BRENT$97.35+0.20%BTC$78,633-0.02%COPPER$6.74+2.15%DJI$52,833-1.09%DOGE$0.0899+0.88%DXY98.91-0.27%ETH$2,489+0.07%GOLD$4,393-0.27%NDX$29,545+0.00%SILVER$66.29+0.23%SOL$103.76+0.11%SPX$7,687-0.42%US10Y4.80+0.29%VIX15.34+5.57%
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·Confidence 90%

US Oil Fund Sees $270 Million in Weekly Outflows

USO ↓ Strong

Key takeaways

  • USO: USO — Strong bearish
  • The United States Oil Fund LP has experienced a significant outflow of approximately $270 million, marking a 13.8% decrease in shares outstanding this week.

Analysis

The United States Oil Fund LP has experienced a significant outflow of approximately $270 million, marking a 13.8% decrease in shares outstanding this week.

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