Oil ETFs Climb as Saudi Production Slips

Oil prices and commodity-related exchange traded funds strengthened Monday on an unexpected dip in Saudi Arabian crude output over July On Monday, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, was up 0.8% and the United States Brent Oil Fund (NYSEArca: BNO), which tracks Brent crude oil futures, [...] Read more on ETFtrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article was provided by our partner Tom Lydon of etftrends.com.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.