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A tale of 2 crude oil ETFs

Posted on 05 December 2012

If you invest in any commodity ETF that tracks futures contracts instead of the actual commodity itself, you have to watch the contango.
Case in point: Take a look at two ETFs that trade oil futures contracts - the US Oil Fund (USO), which tracks WTI (West Texas intermediate) crude oil and the US Brent Oil Fund (BNO), which tracks Brent crude oil………………………………………..Full Article: Source


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This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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