United States Oil Companies – ETF
April 10, 2006
UFX traders can trade the USO ETF, which is the largest and most liquid ExchangeTraded Product (ETP). Differing form other ETFs, which consolidate a number of companies, USO is comprised entirely of West Texas Intermediate (WTI) contracts.
Benefits of trading USO come in the form of an exceptionally higher liquidity rate, making it a great way to trade Crude Oil in the short-term.Trade USO