Oil ETFs to Remain Depressed in Face of Falling Global Demand
February 13, 2020 at 14:54 PM EST
Crude oil-related ETFs may continue to suffer as global oil demand is expected to decline for the first three months of the year, marking the first quarterly drop in over a decade. Year-to-date, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures,...