Battered U.S. oil ETF to diversify investment in later-dated oil contracts
The United States Oil Fund LP, the largest oil-focused exchange-traded product (ETP) in the country, is moving to spread out its investments in oil futures in response to extreme market turbulence,... [Source]
Publication Date:Origin: reuters.com
Category: PersonalFinance
Topics: turbulence, market, extreme, response, futures, investments, spread, moving, country, (ETP), product, exchange-traded, oil-focused, largest, States, United, contracts, later-dated, investment, diversify, Battered