A Big Challenge for Oil ETFs to Overcome

MarketsETF 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 higher over the past week, but one important price level could be a challenge for oil futures to clear. Some oil traders…Click to read more at ETFtrends.com.

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