Oil ETFs: Near-Term Gains may be Capped

Markets ETF Trends

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 traded modestly lower to start 2017. While there are not many oil market observers calling for substantial near-term declines, some crude traders believe near-term…Click to read more at ETFtrends.com.

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