Oil ETFs Languish Under Extended Bearish Outlook
October 27, 2014 at 14:00 PM EDT
Oil futures and related exchange traded funds slipped Monday after Goldman Sachs Group (NYSE: GS) extended its bearish outlook on the energy market, citing overseas production to outpace global demand, the shale oil boom in the U.S. and smaller impact of the OPEC oligopoly. On Monday, the United...