Traders Fueling Oil ETFs’ Bearish Streak
January 26, 2015 at 14:30 PM EST
Crude oil traders and speculators continue to bet on the energy market’s demise, with hedge funds raising bearish wagers to a four-year high, pushing oil-related exchange traded funds to new lows. After touching new all-time lows in early trading, the U.S. Oil Fund (NYSEArca: USO) and...