Markets

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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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.

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