The United States Oil Fund; USO, whose units trade on the American Stock Exchange, tracks the price of U.S. benchmark crude oil. The fund invests its assets in futures contracts for West Texas Intermediate light, sweet crude oil and other petroleum-based fuels traded on regulated futures exchanges as well as in forward contracts for oil and other oil interests.
Sunday, April 16, 2006
Check out the new Crude Oil ETF
It began trading April 10, 2006.
The United States Oil Fund; USO, whose units trade on the American Stock Exchange, tracks the price of U.S. benchmark crude oil. The fund invests its assets in futures contracts for West Texas Intermediate light, sweet crude oil and other petroleum-based fuels traded on regulated futures exchanges as well as in forward contracts for oil and other oil interests.
The United States Oil Fund; USO, whose units trade on the American Stock Exchange, tracks the price of U.S. benchmark crude oil. The fund invests its assets in futures contracts for West Texas Intermediate light, sweet crude oil and other petroleum-based fuels traded on regulated futures exchanges as well as in forward contracts for oil and other oil interests.
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