Markets

Oil ETFs: Worse, Not Better, as OPEC Cuts Back

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Last week was another brutal one at the office for oil and the related exchange traded products. Although the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, rose nearly 1% last Friday, the benchmark oil ETF fell almost 4.4% for the week. That brings USO's year-to-date loss to over… 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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