Why This Popular Crude Oil ETF Is Not the Best Way to Play the Rebound

Oil prices are on the rise to end March. On March 26 WTI oil hit a high of $52.46. That's a 19% climb from the lows it hit just two weeks ago. And as the price of oil rises, shares of the United States Oil Fund LP (NYSE: USO) are climbing too. The crude oil ETF is up 9% since March 18. You see, investors are flooding into this oil ETF as a way to play rebounding oil prices. But for long-term investors, buying shares of this crude oil ETF is not a good strategy for playing oil's rebound. And there is one big reason why... Tags: Crude oil ETF , ETF , ETFs , oil ETFs , oil investing , oil investments , Oil Prices , oil stocks To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2015 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why This Popular Crude Oil ETF Is Not the Best Way to Play the Rebound appeared first on Money Morning - We Make Investing Profitable .
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