Be Rewarded for Forecasting Oil’s Slide or Bounce
January 30, 2015 at 14:28 PM EST
West Texas Intermediate futures bounced 2.4% Friday, but that hardly erases the savage repudiation of crude in recent months. Heading into Friday’s trading session, the United States Oil Fund (NYSEArca: USO) and the United States Brent Oil Fund (NYSEArca: BNO) had lost an average of 55% over the...