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September 01, 2020 10:18am
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Weak Fundamentals Could Continue to Pressure Oil ETFs

Global oil markets and related exchange traded funds may be past the worst of the coronavirus-induced selling, but the tentative recovery is still at risk. Year-to-date, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, dropped 72.3% and the United...
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