Low Demand Will Still Weigh on Oil ETFs Even If Supply Is Cut
April 08, 2020 at 16:09 PM EDT
Even if the Organization of Petroleum Exporting Countries and its allies come up with a plan to cut crude production. oil markets and related ETFs will still be weighed down by plunging demand after the coronavirus outbreak upended normal life. The United States Oil Fund (NYSEArca: USO), which...