Biggest U.S. oil ETF may not be able to reflect crude spot prices
The United States Oil Fund LP,
the largest oil-focused exchange-traded product (ETP) in the
country, said it may not be able to meet its investment
objective of reflecting the spot prices of oil any longer,
according to a filing on Thursday.
the largest oil-focused exchange-traded product (ETP) in the
country, said it may not be able to meet its investment
objective of reflecting the spot prices of oil any longer,
according to a filing on Thursday.
Posted by Reuters
