Oil ETF Traders Anticipate Weakness Ahead
May 11, 2015 at 14:07 PM EDT
After the rebound in energy prices, some oil exchange traded fund traders are growing wary of the continued strength in the energy market, trimming exposure to the asset. Since its March 17 low, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, has...