Oil ETFs Slide as Americans Cut Back on Driving

Crude oil prices and related exchange traded funds plunged Wednesday, with gasoline prices easing, as Americans cut back on the traditional summertime road trip. On Wednesday, the United States Oil Fund (USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (BNO), which tracks Brent crude oil futures, were [...] The post Oil ETFs Slide as Americans Cut Back on Driving appeared first on ETF Trends .