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USO objective:
Dec 25 15:53 pm
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All Comments by bobace »Buying USO Is a No-Brainer [View article]
The investment objective of USO is for changes in percentage terms of the units’ net asset value to reflect the changes in percentage terms of the spot price of West Texas Intermediate (“WTI”) light, sweet crude oil delivered to Cushing, Oklahoma (“WTI light, sweet crude oil”), less USO’s expenses.