Oil Could be The Next Trade War Weapon

MarketsETF Trends

This article was originally published on ETFTrends.com.

Underscoring investors’ skittishness toward riskier assets, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, is lower by nearly 7.50% this month. Some market observers believe the U.S., now a major oil exporter, could weaponize oil in its trade spat with China, an idea that some argue could prove [...]

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