Traders Rush to Bet on a Popular Oil ETF
This article was originally published on ETFTrends.com.
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 sporting double-digit losses over the past month, but some traders are ready to bet on a crude rally. Further dragging on the oil outlook, [...]