Oil ETF Pullback Could Ease Gas Prices
March 29, 2012 at 16:05 PM EDT
Rising gas prices are squeezing consumers as the summer driving season approaches. However, if oil exchange traded funds continue to pull back, it could ease the pain at the pump. U.S. Oil Fund (NYSEArca: USO) fell more than 2% on Thursday. The $1.4 billion ETF traded below its 50-day exponential...