Post Tagged with: "United States Oil Fund"

Source: Reuters

Biggest U.S. oil ETF sells June holdings; shares plummet

Reuters


Shares of United States Oil Fund LP fell more than 16% on Monday after it said it would sell all of its front-month crude contracts to avoid a repeat of the heavy losses suffered last week after crude prices …

April 27, 2020 - 2:30 pm Closing Bell Story‎, Crude Oil News, Energy News
Source: CNBC

What plunging crude prices mean for the market’s largest oil ETF

CNBC


It’s been a wild week for the oil market.

Oil prices began an unprecedented drop on Monday that saw the West Texas Intermediate May futures contract, which expires on Tuesday, slide into negative territory for the first time ever. …