BofA Dims Its Outlook on Oil Barron's (blog) The price of crude fell 1.4% on Wednesday to around $54, dragging energy stocks down with it. United States Oil (USO) and iPath CSCI Crude Oil ETN (OIL) slid 1.5% and 1.9% respectively. Meanwhile the Energy Select Sector SPDR (XLE) declined 1.4%. |