Oil Could be The Next Trade War Weapon
June 01, 2019 at 07:55 AM EDT
Underscoring investors’ skittishness toward riskier assets, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, is lower by nearly 7.50% this month. Some market observers believe the U.S., now a major oil exporter, could weaponize oil in its...
