Markets

Surging Asia Demand Could Sustain Big Oil ETFs

A generic image of many stacks of coins
Credit: Shutterstock photo

Crude oil ETFs have enjoyed a stellar year so far, with oil prices touching $80 per barrel for the first time since 2014, and rising Asian demand for raw materials could help sustain the energy market. Year-to-date, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, increased 20.7% while [...] 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.

Other Topics

ETFs