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.


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