Don’t Bet on an OPEC Boost for Oil ETFs
December 03, 2015 at 08:00 AM EST
The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, is off 18.4% over the past month and oil futures closed below $40 per barrel Wednesday for the first time since August. All of that is to say investors should not expect much help for the commodity...