No Surprise: Traders are Bearish on Oil

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, are off an average of 16.5% year-to-date. Recent price action in those exchange traded products and oil itself is giving traders little reason to believe…Click to read more at ETFtrends.com.

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