More OPEC Assistance For Oil ETFs

The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (NYSEArca: BNO), which tracks Brent crude oil futures, each rose about 1.5% on Thursday as oil got some assistance from multiple corners. Predictably, that includes the Organization of Petroleum Exporting Countries (OPEC). Previously,…Click to read more at ETFtrends.com.