Oil ETF Faces Volatility Amid Supply Scares and Capacity Recovery

The United States Oil Fund (USO) surged over 87% in five months of 2026 but has since faced a sharp decline, down nearly 14.3% in May alone due to volatility in crude oil prices driven by supply concerns.

By Michael Williams Mon, June 1, 2026 at 2:15 PM GMT+3 4 min read · Yahoo Finance ·

Oil ETF Faces Volatility Amid Supply Scares and Capacity Recovery

Tickers: $USO

Topics: ETF performance oil prices OPEC production supply disruptions

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