Daily Investment Tips

The largest oil exchange traded fund (Oil ETF) is the U.S. Oil Fund ETF. The U.S oil fund tracks oil futures.

U.S oil fund etf has $1.89 Billlion in Assets. The $1.89 billion U.S. Oil Fund trades with the symbols (NYSEArca: USO).

The U.S oil fund etf invests in futures contracts for WTI light, sweet crude oil, other types of crude oil, heating oil, gasoline, natural gas and other petroleum based-fuels that are traded on exchanges.

The United States Oil Fund was founded in April 2006 by the Victoria Bay Asset Management along with the American Stock Exchange.

written by Constantine Njeru \\ tags: American Stock Exchange, Asset Management, Assets, Exchange Traded Fund, Futures Contracts, Gasoline, Heating Oil, Light Sweet Crude Oil, Natural Gas, Oil Etf, Oil Exchange Traded Fund, Oil Futures, Oil Heating, Sweet Crude Oil, Trades, Types Of Crude Oil, United States, Uso, Victoria Bay, Wti