Markets
8.1
Crude Oil ETF (USO) declines 4.9% to $123.47 on elevated volume
The United States Oil Fund (USO) experienced a significant intraday decline of 4.9% to $123.47 with above-average trading volume of 12.5 million shares. The move suggests material selling pressure in crude oil futures or underlying assets. The cause of the decline is not specified in this price report and would require context from macroeconomic data, geopolitical developments, or energy-specific news.