Bearish Forecasts Pile up for Oil ETFs
January 14, 2016 at 09:00 AM EST
Oil futures rose modestly Wednesday, but it is going to take more than modest gains to spark the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, fell 3.0% and the United States Brent Oil Fund (NYSEArca: BNO), which tracks Brent crude oil futures, to...