United States Oil Fund (USO): It can go down as much as you want it to...

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Re: Surfacetite post# 2395

Tuesday, 04/21/2020 11:28:19 PM

Tuesday, April 21, 2020 11:28:19 PM

It can go down as much as you want it to.

Do you know why it's going down?
Oil production remains high in Russia and Arab countries, while demand for oil is down, due to the pandemic.

Also, the USA already has all of the oil it needs now, because the USA drills its' own oil.

What does your beloved Zack's ratings say about it?

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