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> USO Fund Description > USO holds near-month NYMEX futures contracts on WTI crude oil. https://www.etf.com/USO https://www.etf.com/USO Without looking any d
by gpm 7y ago
> USO Fund Description
> USO holds near-month NYMEX futures contracts on WTI crude oil.
https://www.etf.com/USO https://www.etf.com/USO
Without looking any deeper I don't think this is what OP is looking for. They want to bet that oil delivered a year from now is under-priced today, while buying this ETF is betting that oil delivered a month from now is under-priced today (and holding this ETF is repeatedly renewing that bet). It's a completely different thing.
- deleted 7y ago[deleted]