A Non-OPEC Treat for Oil ETFs

Markets ETF Trends

Oil futures surged 2.6% Monday to close at $52.83 per barrel, crude’s best close since July 2015 and not all of that bullishness is attributable to the Organization of Petroleum Exporting Countries (OPEC). On Monday, the United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, gained 3.2% and the United…Click to read more at ETFtrends.com.

Continue Reading Below