Oil ETFs Plummet After OPEC, Russia Fail to Agree on Output Cuts
March 06, 2020 at 16:12 PM EST
Crude oil prices and energy-related ETFs plunged on a deteriorating fundamental outlook on both the supply side and demand side. Meanwhile, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (NYSEArca: BNO), which...