Financial News

Oil ETFs Strengthen on Deeper U.S. Inventory Drawdowns

Crude oil prices and energy-related exchange traded funds jumped as U.S. oil inventories slip to a three-and-a-half year low on rising exports. On Wednesday, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, advanced 1.4% and the United States Brent...
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