Oil Markets Ease as Tropical Storm Gordon Makes Landfall

MarketsETF Trends

This article was originally published on ETFTrends.com.

Oil markets fell slightly on Wednesday as Tropical Storm Gordon made landfall the evening prior. The United States Oil Fund (NYSEArca: USO) is down over 2% at 4:15 pm Eastern from its peak Tuesday, reflecting easing concerns over potential supply constraints. For context, the ETF was up almost 9% in the second half of August [...]

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