src: investorplace.com
The United States Petroleum Fund (NYSEÃ, Arca: Ã, USO) is an exchange-traded fund trying to track the price of West Texas Intermediate Light Sweet Rice.
Video United States Oil Fund
History
The United States Petroleum Fund was established in April 2006 by the Victoria Bay Asset Management, now known as the US Commodity Fund, and the US Stock Exchange. The fund opened on the first day of trading around $ 70 per share. In early 2007, it cost about $ 50 per share. In mid 2008, it reached $ 119 per share. Then in early 2009, he set a low of $ 24 per share. By the end of 2013, the price is around $ 34. Prices fall in the second half of 2014, and fall below $ 10 per share in early 2016.
Maps United States Oil Fund
See also
- SPDR Gold Shares
- Petroleum price
src: www.livetradingnews.com
References
src: cdn2.benzinga.com
External links
- Yahoo Finance page for USO
- http://www.etf.com/USO
Source of the article : Wikipedia
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