Shale Production Keeps Pressure on Oil, Energy ETFs
February 07, 2017 at 14:36 PM EST
Despite production cuts out of the Organization of Petroleum Exporting Countries and other major crude exporters, oil and energy-related exchange traded funds continue to weaken as U.S. shale oil producers pick up the slack. The United States Oil Fund (NYSEArca: USO), which tracks West Texas...