Hi Chris, thanks for your question. Personally, I am holding USO ETF for a few years now.

@dariocpx Thanks, much appreciated!

@dariocpx  Good day, Dario - Do you enter / exit USO semi regulary or have you just purchased and held?  I know USO is not leveraged but wouldn't there be contango that eats into gains?

Hi sir, I bought in 2020 and constantly added till the price remained below 50$, my last purchase was in 2022.

Will add more if the price falls below that level. Aware of the contango effect but so far the impact has not been material since at times went into backwardation during shocks.