Oil ETFs Surge, But How Long Will Good Times Last?
July 12, 2016 at 14:13 PM EDT
Crude oil prices and commodity-related exchange traded funds advanced the most in two months on a strengthening global outlook and weakening U.S. dollar. However, the widening contango in oil futures points to risks in lingering surplus. On Tuesday, the United States Oil Fund (NYSEArca: USO), which...