As Always, China Looms Large for Oil ETFs

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 tracks Brent crude oil futures, have each lost more than two percent since the start of 2017 as some oil traders have doubted the impact of supply reductions by major…Click to read more at ETFtrends.com.