What’s Ahead for Oil ETFs, OPEC

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 down an average of more than 15% this year. Predictably, the Organization of Petroleum Exporting Countries (OPEC) looms large in the equation for oil…Click to read more at ETFtrends.com.