United States Oil Fund’s About to Jump, but Don’t Start Celebrating
United States Oil Fund's About to Jump, but Don't Start Celebrating 3The 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