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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Posted in Commodities, ETFs, Exchange Traded Funds, Investments, Oil, Tanzeel Akhtar
One comment on “WSJ.COM – Oil ETF Is Down 83% So Far This Year”
  1. Tessa Dudley says:
    June 27, 2022 at 10:39 am

    Nice sharee

    Reply

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Author Bio

Tanzeel Akhtar trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. NCTJ Qualified - Media Law, Public Administration and Shorthand 100wpm.

Contributed to The Wall Street Journal, BBC, Bloomberg, Investing.com, Benzinga, The Street, Kitco News, Financial Times' This is Africa, African Business Magazine, CNBC, Hedge Week, Campden Family Office, Citywire, Modern Investor, Spear's Wealth Management Magazine, The Local, Euromoney, Yahoo! Finance, Global Investor, ETF.com, CIO UK, Forbes, Funds Global Asia and Portfolio Institutional.

She has held full-time positions at Bloomberg, CoinDesk, Interactive Investor, Fund Strategy, Money Marketing, Money Observer, Mining Journal, Marketing Week, Futures and Options Intelligence and Waters Technology. Interned at The Independent, South Wales Argus and Lancashire Evening Post.

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