Forget WTI, Play Crude With This Oil ETF

December 22, 2011

Investors should seek out the futures-based Brent Oil ETF (NYSEArca: BNO) over ETFs focused on West Texas Intermediate crude, according to an  article on Zacks.

Brent oil has outperformed WTI as a result of geopolitical tensions in North Africa and concerns over a lack of oil in other supply regions.

BNO has gained over 14 percent since the start of the year, while United States Oil Fund (NYSEArca: USO) – a benchmark ETF that tracks West Texas Intermediate crude oil futures – has fallen by 7.4 percent in the same time period, according to the Zacks story.

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