No Surprise: Traders are Bearish on Oil
May 10, 2017 at 10:48 AM 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), which tracks Brent crude oil futures, are off an average of 16.5% year-to-date. Recent price action in those exchange traded products and oil...