Markets

Bearish Signs Continue for Slumping Oil

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The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, has perked up in recent sessions, but the widely followed oil exchange traded product is still down nearly 24% year-to-date and finding traders bullish on the fund and the commodity is becoming increasingly difficult. Data suggest traders are becoming more… Click to read more at ETFtrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article was provided by our partner Tom Lydon of etftrends.com.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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