OPEC Won’t Be Helping out Oil ETFs Anything Soon
February 23, 2016 at 13:51 PM EST
Crude oil prices and commodity-related exchange traded funds plunged Tuesday after talks of a production cut between Organization of Petroleum Exporting Countries and non-OPEC members fell through. On Tuesday, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude...