Oil ETFs: Long Losing Streaks Can be Hard to Erase
November 13, 2018 at 10:42 AM EST
Last Friday, crude oil futures extended their losing streak to 10 consecutive days, extending the month-to-date loss for the United States Oil (NYSEArca: USO) to just over 15%. Oil analysts point to a combination of higher-than-expected output from key producers and a gloomy outlook for oil demand....