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KM Financial Solutions | UPDATE 1-U.S. Oil Fund sitting on $726 mln in unrealized losses before April
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UPDATE 1-U.S. Oil Fund sitting on $726 mln in unrealized losses before April

28 Apr UPDATE 1-U.S. Oil Fund sitting on $726 mln in unrealized losses before April

Posted at 10:49h in News by
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The United States Oil Fund
(USO), the share price of which has been crushed this
month by big bets on front-month oil contracts, revealed on
Tuesday that it was sitting on more than $700 million in
unrealized losses heading into April.

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