Oil ETFs Could go From Bear to Bull
January 19, 2016 at 08:00 AM EST
West Texas Intermediate futures tumbled 4.7% last Friday, leading to the first close below $30 per barrel in 12 years. Oil’s slump last week sent the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (NYSEArca:...