When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Over the last month, the United States Oil ETF (USO) has fallen by nearly 12% in a decline which has reached some of the lowest prices since the start of the year. In this article, I will dig into the fundamentals behind the ETF and show why we are likely to see further price declines in USO.
This Year in Review
Let’s start with a discussion of historical fundamentals throughout this year to frame up the current environment in which we find ourselves. I’ve attached some labels to the following chart with some