Oil ETFs Continue to Slip on Surprise Inventory Injection
November 07, 2018 at 15:55 PM EST
Crude oil prices and related exchange traded funds weakened Wednesday after U.S. output hit another record and domestic inventories surged. On Wednesday, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, declined 0.7% and the United States Brent Oil...