After a Tumble, Oil ETF Attracts Buyers
August 02, 2016 at 10:49 AM EDT
The United States Oil Fund (NYSEArca: USO) was one of this year’s best-performing commodities exchange traded products, but that changed recently as the widely followed oil fund fell into a new bear market. In early June, USO was trading over $12. Now, it resides below $10. While production...