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September 01, 2020 1:33pm
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Why Trade Wars Are Plaguing Oil ETFs

The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, is lower by more than 4% over the past week and the increasing trade hostility between the U.S. and China, the world’s two largest economies, is a big reason why oil is slumping. Investors...
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