BNB$715.44+0.02%BRENT$108.26+6.96%BTC$77,342+0.24%COPPER$6.44-5.32%DJI$52,064-0.60%DOGE$0.0843-0.06%DXY99.09+0.27%ETH$2,468+0.17%GOLD$4,318-1.83%NDX$29,104-1.08%SILVER$63.53-5.57%SOL$100.07+0.31%SPX$7,592-0.58%US10Y4.94+2.21%VIX18.03+14.69%BNB$715.44+0.02%BRENT$108.26+6.96%BTC$77,342+0.24%COPPER$6.44-5.32%DJI$52,064-0.60%DOGE$0.0843-0.06%DXY99.09+0.27%ETH$2,468+0.17%GOLD$4,318-1.83%NDX$29,104-1.08%SILVER$63.53-5.57%SOL$100.07+0.31%SPX$7,592-0.58%US10Y4.94+2.21%VIX18.03+14.69%
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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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