United States Oil Fund (USO): It's been a bearish day in the oil marke...

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Monday, 08/23/2010 12:25:38 PM

Monday, August 23, 2010 12:25:38 PM

It's been a bearish day in the oil markets:

"NYMEX crude futures have fallen around 1% on Monday to $73.14, as it seems the selling pressure in oil will not let up as a result of intensifying concerns over the state of the global recovery."

"...The United States Oil Fund ETF (NYSE: USO) has shed another 1.27% today..."

source: benzinga.com

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