What Contango Means For Oil ETFs
Posted on January 30, 2009 at 09:12 AM EST
Yesterday, we covered the issue of whether oil exchange traded fund (ETF) investors knew what they were doing when it came to these funds. (You do). But how does the issue of contago impact oil-related ETFs? Market Folly has an explanation on Seeking Alpha that investors might find interesting. The United States Oil Fund (USO) holds ...
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