Financial News

As Oil Rises, an Interesting Scenario for Energy ETFs

The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, is up 5% over the past week and nearly 9% over the past month. The Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy exchange traded fund, is following suit with a weekly...
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