Strong U.S. Dollar, Global Uncertainty Weigh on Oil ETFs
June 27, 2016 at 15:32 PM EDT
A rush toward safe-havens and the sudden surge in the U.S. dollar are dragging on crude oil prices and energy-related exchange traded funds after the unexpected results from the United Kingdom’s referendum on its membership in the European Union. The United States Oil Fund (NYSEArca: USO),...