John Hyland the United States Commodity Funds CIO (USO)(UNG) and the Fast Money team assess whether more commodity funds will be forced to close. John questions whether the closing of the PowerShares DB Crude Oil Dble Long ETN (DXO) is actually a direct result of the position limits. He, instead, blames the closing on an increase in the cost of the swap. See the full video below:

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ETF BASIC NEWS, NYSE:DXO, UNG, USO