Shale Production Keeps Pressure on Oil, Energy ETFs

Markets ETF Trends

Despite production cuts out of the Organization of Petroleum Exporting Countries and other major crude exporters, oil and energy-related exchange traded funds continue to weaken as U.S. shale oil producers pick up the slack. The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, fell 2.1% and the United States…Click to read more at ETFtrends.com.

Continue Reading Below