United States Oil Fund’s About to Jump, but Don’t Start Celebrating
The energy markets have gone through extreme volatility in recent weeks. The combination of in-fighting among major oil-producing nations and plunging demand due to the coronavirus pandemic has sent crude oil prices plunging. Along with it, shares of the exchange-traded United States Oil Fund (NYSEMKT:USO) have fallen significantly as well.
News story posted on 2020-04-25T22:35:00.0000000Z