05.12.2012 - A tale of 2 crude oil ETFs
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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