Oil Markets Ease as Tropical Storm Gordon Makes Landfall
September 05, 2018 at 16:16 PM EDT
Oil markets fell slightly on Wednesday as Tropical Storm Gordon made landfall the evening prior. The United States Oil Fund (NYSEArca: USO) is down over 2% at 4:15 pm Eastern from its peak Tuesday, reflecting easing concerns over potential supply constraints. For context, the ETF was up almost 9%...
