A wildly popular oil ETF has been cut off by its broker from buying futures, limiting its ability to meet its investment objective (USO)
Finance
Investing, Stocks & Bonds
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May 23, 2020, 11:40pm
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USO — an oil exchange-traded fund that's wildly popular with traders — has been cut off from buying oil futures contracts after a surge in volatility saw oil prices turn negative last month.
RBC Capital Markets has informed United States Com…