Brent Oil ETF Faces Headwinds
August 12, 2014 at 13:38 PM EDT
The Brent crude oil exchange traded fund faces fundamental headwinds as the International Energy Agency expects weak oil demand growth ahead coupled with less volatile supply outlook in Russia and Libya. The United States Brent Oil Fund (NYSEArca: BNO) was down 1.3% Tuesday. The ETF has fallen off...