April 29, 2020 / 9:13 AM / a month ago

U.S. Oil Fund reveals sitting on $726 mln in unrealized losses before April

BOSTON, April 29 (Reuters) - The United States Oil Fund , whose share price has been crushed this month by big bets on front-month oil contracts, revealed on Tuesday that it was sitting on $725.5 million in unrealized losses heading into April. (Reporting By Tim McLaughlin; Editing by Toby Chopra)

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