USCF lists short oil fund as oil price falls

The exchange-traded security is designed to inversely reflect the movements in the price of light, sweet crude oil. As a result, the security benefits when the price of oil falls. Crude oil fell to an eight-week low in New York on Thursday, according to Bloomberg, while crude oil for November stands at around $65 a barrel in trading on the New York Mercantile Exchange (Nymex). The net asset value of the security aims to inversely mirror the performance of changes in the spot price of light, sweet crude oil, as measured by the changes in the price of these crude oil futures contracts o...