U.S. Oil Ambitions Could Cap Energy ETF Gains
November 16, 2017 at 15:30 PM EST
U.S. crude oil output is picking up pace as prices stabilize. However, the increased supply coming out of hydraulic fracturing techniques could cap gains in energy-related ETFs. The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, has rebounded 13.7%...