Oil ETF Down 30% from 2012 High

The largest exchange traded fund indexed to oil futures is down 30% from its March 1 peak with crude prices tumbling under $80 a barrel on Thursday as the U.S. dollar rebounded. The $1.2 billion U.S. Oil Fund (NYSEArca: USO) fell 2.5% in afternoon trade. Since the ETF invests in crude futures, it...