Poor Fundamentals Sap Energy From Oil ETFs
September 02, 2014 at 15:00 PM EDT
Oil exchange traded funds slipped Tuesday, with Brent crude falling to a 14-month low, as traders weighed concerns over the global economy, notably conditions in the Eurozone and China, and a seasonal shift. The United States Brent Oil Fund (NYSEArca: BNO) decreased 2.5% Tuesday while the United...