Despite Declines, Investors Love Oil ETFs
August 11, 2015 at 07:30 AM EDT
The United States Oil Fund (NYSEArca: USO) is off almost 27% over the past 90 days, but that glum performance is not damping some investors’ enthusiasm for oil exchange traded funds. Even with prices of West Texas Intermediate, the crude contract tracked by USO, sliding 21% last month,...