Oil ETFs Slip to New Lows
January 06, 2016 at 14:34 PM EST
Crude oil prices plunged to 11-year lows and energy commodity-related exchange traded funds dipped toward an all-time low as rising supply, a weak China, OPEC discord and strong U.S. dollar fuel the perfect storm. On Wednesday, the United States Oil Fund (NYSEArca: USO), which tracks West Texas...