Oil ETFs Still Facing an OPEC Dilemma
February 10, 2017 at 11:26 AM EST
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, rallied in late 2016 on news the Organization of Petroleum Exporting Countries (OPEC) was moving to reduce...