Don’t Expect Dramatic Declines For Oil ETFs
July 21, 2016 at 12:30 PM EDT
The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (NYSEArca: BNO), are currently experiencing some, albeit modest by oil’s standards, price retrenchment. While oil market fundamentals are not overwhelmingly...