Oil ETF Tests Long-Term Trend as Speculators Turn Bearish
May 06, 2014 at 07:45 AM EDT
Oil futures and related exchange traded funds are losing energy, with speculators turning less bullish on the commodity, as the U.S. shale oil boom bolsters stockpiles and concerns on a weakening global economy deepen. The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate...