ETF is starting from zero everyday. It is different than buying crude oil directly. One invests in EFT crude oil should always have a short-term target. It is not for long-term investing.
I think USO is similar to the real crude oil price.
A category of stocks that accounts for companies involved with the discovery, development and processing of raw materials. The basic materials sector includes the mining and refining of metals, chemical producers and forestry products.