WSJ.COM – Oil ETF Is Down 83% So Far This Year

Posted on May 4, 2020 by Tanzeel Akhtar — 1 Comment

As oil prices plummeted in April, U.S. Oil Fund (USO) exchange-traded fund took it on the chin. And short-selling activity soared. The $3.2 billion futures-based ETF saw shorting activity pick up after a lull in early April. USO ETF is down 83% for the year so far, through Friday [May 1st]. 

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One comment on “WSJ.COM – Oil ETF Is Down 83% So Far This Year”
  1. Tessa Dudley's avatar Tessa Dudley says:
    June 27, 2022 at 10:39 am

    Nice sharee

    Reply

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Unknown's avatarTanzeel Akhtar trained as a foreign correspondent at the University of Helsinki, Finland, and in newspaper journalism at the University of Central Lancashire, UK. She is NCTJ-qualified in Media Law, Public Administration and Shorthand (100wpm).

Her reporting has appeared in The Wall Street Journal, Bloomberg, BBC, CNBC, Forbes, Euromoney and ETF.com, among other international publications covering global markets, digital assets and finance. She has held editorial roles at Bloomberg, CoinDesk and Interactive Investor.

Email: news@tanzeelakhtar.com
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