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uso etf [2e73e6d1]

Tags: oil trading

  • United States Oil Fund, derivatives based ETF for trading oil.
  • Reflects the changes of the price of the west texas intermediate crude delivered to Cushing
  • commodities pool
  • estimated to account for 25%-30% of the futures commodity volume
  • has text stating that oil funds "might be compulsively redeemed" aka closed