Oil ETFs: Buying the Dip With USO, BNO
May 03, 2016 at 19:38 PM EDT
The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, is down more than 2% over the past week, but with the benchmark oil exchange traded product up more than 20% over the past three months, some traders and technicians see USO’s recent down move...