Oil ETFs: Shale Producers Continue Boosting Output
November 18, 2014 at 14:15 PM EST
Despite an ongoing oil glut, hydraulic fracturing shale drillers plan to expand production, keeping the pressure on the energy market and related exchange traded funds. The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate oil, has declined 18.8% year-to-date. [Oil ETF...