Why Oil ETFs Can Lose As Prices Increase
Posted on April 02, 2009 at 03:12 AM EDT
Understanding why the oil exchange traded fund (ETF) occasionally lags behind jumps in oil prices is a simple matter of knowing how it works. United States Oil (USO) is the largest ETF that tracks the commodity. It followed the 77% drop of crude prices between July and December. But Kevin Baker for TheStreet explains ...
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