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Monday, March 20, 2023

USO: Why Oil Is Crashing And Could Fall More

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The United States Oil ETF (NYSEARCA:USO) invests in listed crude oil futures with the primary objective of reflecting the daily changes in the spot price of WTI oil. USO is now down around 17% from its peak in March

Data by YCharts

WTI oil prices

Trading Economics

Oil demand and supply balance


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