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Oil is surging, but your oil ETF is still losing you money—here's why - CNBC

CNBC

Oil is surging, but your oil ETF is still losing you money—here's why
CNBC
This is because the USO does not invest in oil directly, but through the futures market, in which oil futures that mature later are worth more. As the ETF effects a massive sale of a given month's contract in order to buy the next month's, it is forced ...

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Admin 30.09.2016 0 62
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