Supply Concerns Help Oil ETFs Rally, Brent Crude Breaks Above $80
Oil-related exchange traded funds maintained their momentum Monday, with Brent crude oil prices breaking above $80 per barrel and on pace for its highest close in four years. On Monday, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, advanced 1.8% and the United States Brent Oil Fund (NYSEArca: [...] Read more on ETFtrends.com.
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