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September 01, 2020 10:18am
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Traders Fueling Oil ETFs’ Bearish Streak

Crude oil traders and speculators continue to bet on the energy market’s demise, with hedge funds raising bearish wagers to a four-year high, pushing oil-related exchange traded funds to new lows. After touching new all-time lows in early trading, the U.S. Oil Fund (NYSEArca: USO) and...
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