Is Oil ETF Pullback a Buying Opportunity?
May 12, 2011 at 08:56 AM EDT
Oil prices were back under pressure Thursday and an exchange traded fund tracking crude futures was down 3% before the bell. U.S. Oil Fund (NYSEArca: USO) has slipped about 9% over the past week. Crude futures were set for further losses Thursday with oil trading below $97 a barrel after recently...