This article was originally published on ETFTrends.com.
Last Friday, crude oil futures extended their losing streak to 10 consecutive days, extending the month-to-date loss for the United States Oil (NYSEArca: USO) to just over 15%. Oil analysts point to a combination of higher-than-expected output from key producers and a gloomy outlook for oil demand. The decline in prices is an about-face from […]
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