Financial News
Oil ETFs Slip as Saudi Arabia Ramps Up Production
October 23, 2018 at 14:13 PM EDT
Crude oil prices and energy-related ETFs plunged Tuesday after Saudi Arabia pledged to increase output despite growing concerns over global growth. On Tuesday, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, declined 4.8% and the United States...
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