Oil ETFs are in Trouble Following 6% Plunge
March 10, 2017 at 10:43 AM EST
The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (NYSEArca: BNO), which tracks Brent crude oil futures, are lower by an average of 6% over the past week. As if that is not bad enough, some oil market observers...