Saudi Arabia’s Ambitions Keep Pressure On Oil ETFs
October 03, 2014 at 09:30 AM EDT
Oil prices and related exchange traded funds could continue to slip further as Saudi Arabia in a counter-intuitive move wants to keep pumping oil and defend its market share. Over the past three months, the United States Brent Oil Fund (NYSEArca: BNO) declined 17.0% while the United States Oil Fund...