United States Oil Fund
USO
You’ve read what changed. Here’s whether the market is confirming it.
Jodie situation report
USO dominates a concentrated Commodity ETFs move.
USO accounts for 45.0% of the group's measured movement across 3.1 effective names. raw member direction is mixed; 3 of 5 session-normalized paths align to the downside. Capital-flow agreement is 33%, so confirmation is not yet clean. No verified headline preceded the measured group move.
Is this move genuinely shared?
CPER moved materially before USO. USO crossed its material path threshold at 10:20 ET, 20 minutes after the first measured mover. SLV, UNG followed.
5 of 5 members in Commodity ETFs are active. 0 of 1 disclosed connections are confirming.
- At least 4 of 5 durable members become active together.
- Capital-flow agreement rises above 55%.
- A filing-linked outsider such as GS begins moving with the group.
Invalidation: The live read weakens if participation falls to 1 of 5 members or fewer.
Who this business touches
The relationships behind USO
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
GSGoldman Sachs Group, Inc. (The)partnerFeb 27, 2026 ▾
“As of December 31, 2025, USO had the following Authorized Participants: ABN AMRO Clearing USA LLC, BNP Paribas Securities Corp., Citadel Securities LLC, Citigroup Global Markets Inc., Goldman Sachs & Company, Jane Street Capital LLC, JP Morgan Securities LLC,…”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
USO is currently a Follower in the organic co-movement group Commodity ETFs. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 1 filing-linked name are in the relationship map; none is currently confirmed as moving with the group.